| Robinson Fendley | Business Brokers |
Robinson Fendley
Career Opportunities
Business Broker
Q - Are your employees full time or part time?
part-time agents. We want to have agents that will be available 24/7 to our customers.
A - We discourageQ - Do you have a financing arm?
A - Yes, we also help customers obtain SBA or commercial loans. Our lending division information is located at http://www.FloridaSBALoan.com . Mike Fendley is a former bank CEO and handles lending.Q - How many years has your business been in operation?
A - We have been doing business brokerage since 2000 and SBA loans since 1996.Q - Can I hang my sales associate license for one year with you, for the real estate broker requirement, then become a broker?
A - We encourage our employees to become brokers, but we do not permit non-producing employees to "hang" a license with us. You will be expected to meet sales quotas.Q - What type of training do you have? How long is it, where is it?
A - Initial training is 8 sessions over a 2 week period. We continue training during weekly staff meetings. We are developing internet based training and we will be gradually implementing this training enhancement.Q - What do you use your database for?
A - Our database of buyers and seller prospects is under-utilized. Our agents typically find they do not have time to work on anything but the most recent inquiries. Our database is available to help get new agents off to a fast start.Q - Do agents receive a base salary, or is compensation commissions only?
A - No base pay. Business brokerage commissions range from 50% to 70% split based on business produced. You may need to wait 3 or 4 months before getting your first commission. Commissions are not paid until after transaction closings, which can take weeks or months to close. This is not a business for people needing regular weekly payroll. You need to be able to meet your financial obligations until you develop an income stream of deals in progress.Q - Does your company pay for advertising?
A - Robinson Fendley advertises in a number of outlets. Agent can also advertise at own expense with pre-approval from broker.Q - Are there any fees to start up? If so what are they??
A - Monthly "desk" fees cover the modest cost of maintaining a regional office, where applicable, for agent use and Errors and Omissions Insurance. Our business model is set up differently than most real estate companies that have monthly fees for advertising, office access, phones, etc. You are expected to maintain a home office and be a road warrior. We give you the training and tools to be a successful road warrior. We basically operate using a "virtual office" business model.Q - Are there sales quotas?
A - You are required to maintain a minimum portfolio of 12 listings at all times.Q - Can I work remotely?
A - Yes, you work from your own home office. You are expected to call in daily to let the broker know how the day's activities are progressing and get advice or relay problems experienced.
Do you have other questions? For more information email us at Careers@RobinsonFendley.com or call 1.561.795.9815.
Robinson Fendley - More than a career. It's a life style.