What are the biggest mistakes people make when job hunting?

Avoid focusing solely on commission splits; ensure training for securing first deals in real estate.

 The biggest mistake I see people make in job hunting, specifically in the real
 estate industry,
 is chasing what's called splits.
 So in the real estate industry, you get paid a commission when you help buy or
 sell a home.
 Typically, what happens is you're required to hang your license at a brokerage,
 think
 remax, Keller Williams, Liv Sotheby's, these big companies, you can work at a
 boutique
 as well.
 And in order to take on the risk, the liability of carrying you and potentially
 writing a
 contract that may get them in trouble, they want to be compensated for that.
 There are splits as low as 50/50, meaning both you and the company take home 50
% of
 the commission to as high as 90/95% where you make 90/95% of the commission,
 your company
 takes 5 to 10% whatever it is.
 But the challenge is, how is that company going to help you get to your first
 deal?
 If they don't have a training program to get you to that first deal, 100% split
 of nothing
 is still nothing.
 Focus on making sure you're at a company that will get you to your forced deal
 on a training program.


In job hunting within real estate, a common mistake is focusing on commission splits instead of ensuring training for securing deals.

Jon Hill