Weichert Realtors

  www.weichert.com
  www.weichert.com
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Weichert Realtors Reviews

82 Reviews
3.6
82 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Jim Weichert
52 Ratings
  1.  

    Weichert, Realtors- The Franzese Group. Best of the best real estate firms in Brooklyn, NY.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Weichert Realtors

    Pros

    Great trainings with great mentors and weichert programs.
    Great work ethics
    Great referal network
    Become a Weichert difference
    Weichert lead network

    Cons

    Not enough time in a day.

    Advice to ManagementAdvice

    Thank you for all the things you do to help us succeed.

    Recommends
    Positive Outlook
    Approves of CEO

Weichert Realtors Interviews

Updated 21 Jul 2014
Updated 21 Jul 2014

Interview Experience

Interview Experience

60%
30%
10%

Getting an Interview

Getting an Interview

35%
33%
25%

Interview Difficulty

2.6
Average

Interview Difficulty

Hard

Average

Easy
  1. 2 people found this helpful  

    Real Estate Agent Interview

    Anonymous Employee  in  Dallas, TX (US)
    Anonymous Employee in Dallas, TX (US)
    Application Details

    I applied in-person. The process took 1 week - interviewed at Weichert Realtors in October 2013.

    Interview Details

    The interview process was quite informative and the office manger did a good job of promoting the company and it's systems. While the marketing and sales support materials were first-rate, the manager was not totally forthcoming about all aspects of compensation. She made much of Weichert's lead generation system, which does seem quite sophisticated, but neglected to mention that the agency charges a 35% referral fee for every closing from leads generated by the system. This greatly reduces the agent's commission on every such lead and severely undermines the value of the system to the agents. Although I was enthusiastic about this aspect of the company during the interview, finding out about the referral fee completely undermined its value as an incentive to join the company as an agent

    Interview Questions
    • The interviewer did not ask any particularly difficult or unexpected questions. In fact, she told me that in my spontaneous conversation I had answered virtually all of the questions she was planning to ask. The only specific question she asked was how much I expected to earn after 2 years with the company   Answer Question
    Reasons for Declining

    The starting broker split (50/50) was significantly lower than that offered by most other agencies with whom I interviewed (typically 70/30); the franchise fee was higher (8% compared to 6% with other franchise brokers), and the excessive 35% referral fee for company generated leads completely undermined one of the centerpieces of their pitch to prospective employees. With the lower commission split and the franchise and referral fees, a new agent would make only 7% commission on any sales from leads generated by the Weichert lead system, compared to 64-70% with other brokers. That was a deal-breaker for me.

    Declined Offer
    Neutral Experience
    Average Interview

Weichert Realtors Awards and Accolades

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Additional Info

Unlock Profile
Website www.weichert.com
Headquarters Morris Plains, NJ
Size 1000 to 5000 Employees
Founded Unknown
Type Company - Private
Industry Real Estate
Revenue Unknown / Non-Applicable per year

Buying and selling homes is why Weichert Co. is in business. The company (also known as Weichert Realtors) helps clients locate, finance, and insure homes in major markets across the US. One of the largest private real estate services companies in the country, Weichert specializes in residential property brokerage, relocation services, financing, and insurance. It has more than 500 company owned or independently franchised locations in nearly 40 states and Washington, DC. It also provides commercial brokerage services. Weichert Financial Services provides financing... More

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