
A stressful #BeverlyWadeRealEstate day
I was working with a broker selling Reverse Mortgages. I preferred going door-to-door to get clients because I could sign them up on the spot. I was consistently bringing in clients to the business. Then I learned the broker, realizing I was bringing in consistent deals from that one zip code, decided to drop a bunch of mailers to all my prospective customers in the same zip code I was working. I knew then that I would have to leave the company. In real estate, if you want to get paid, you have to remain with the company until all your deals are closed and you have been paid by the broker. Otherwise, they will close the deal and they will get paid. I won't. So that's what I did. I waited until they gave me payment for the last deal I submitted and left. Having brokers competing against agents is very uncomfortable. If they see you having success, some will directly compete against you. In this case, there were thousands of zip codes this broker could have advertised in but he chose the zip code where I was having success. No point in staying with that broker. He will only do the same thing again. As I was leaving, I realized why all the agents he had hired at the same time he hired me had left the company.