Weichert Realtors

  www.weichert.com
  www.weichert.com

Weichert Realtors Reviews

86 Reviews
3.7
86 Reviews
Rating Trends

Recommend to a friend
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Jim Weichert
56 Ratings
  1.  

    Great training, Terrible manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Sales Person
    Current Employee - Real Estate Sales Person

    I have been working at Weichert Realtors part-time (less than an year)

    Pros

    Great training for new agents, lots of helpful tools, easy access to paperwork, brand recognition

    Cons

    Bad manager, low commission rate,

    Advice to ManagementAdvice

    Teach office managers not to discriminate based on religion and race. Teach office managers to treat all sales persons as equals.

    I have been subject to multiple instances of what I feel is discrimination. I had to attend a religious convention and I gave the manager advanced notice (1 month) that I needed a replacement for my shift. He told me that it my problem and I had to find someone to replace me for front desk duty. Ok fine! But here's where I feel discriminated. I was new to the company and I didn't really know anyone but I was left to find someone myself. Yet, throughout that month and months before I requested help I observed that he had helped many other agents find replacements for their shifts for less important reasons such as they "double booked themselves" so they cannot cover the desk or "a friend is coming to town so they won't be able to cover". But for my religious convention, he would not help me find a replacement. No one would assist me, so the day of the religious convention, I informed him that I found no one to cover me, his reply was: "OP-TIME IS MORE IMPORTANT THAN ANYTHING ELSE, YOU MUST SHOW UP". There was no possible way for me to show up and my partner was going to the hospital with his wife so he could not cover either. In the end, I just called the last shift and asked them to set the phones to voicemail as I would not be in town to cover my shift.

    The second of many instances is that I have been removed from covering the front desk phones( a money-making opportunity) for what reason? The manager said that I had to be doing 2-3 Open Houses a month. I consider myself a part-time agent, I have too many other responsibilities to handle my appointments and that many Open Houses a month. It is true that Weichert recommends that many open houses a month but I was never informed that it was requirement to cover the front desk phones. All that aside, let's say there is some rule that I haven't heard of, OK I understand. Here is the discrimination: No one other than myself is required to do this many open houses a month in order to sit the phones. Not even the newer agents have this requirement set upon them. So I am perplexed as to why I have been singled out for this. These and many other examples are why I cannot give this company 5 stars. I know we are all a Weichert "family" or "team" but I cannot help but feel that because of my religion and race I have been shut out of our team. I beg management to hold a diversity training for all sales managers. This training will hopefully lead to better treatment of all associates and definitely lower the likelihood of a discrimination lawsuit that they may receive.

    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

38%
27%
26%

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 a weekinterviewed 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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