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Description

In this episode of the Industrial Advisors podcast, Bill Condon and Matt McGregor discuss the key considerations for hiring co-brokers, especially when representing clients in different markets. They emphasize the importance of generosity and fair compensation, understanding the specific requirements of the task, and conducting thorough vetting and interviews to select the right broker. Transparency, early conflict checks, and clear communication about fee splits are also highlighted as crucial steps in ensuring smooth and successful collaborations.

00:00 Introduction and Importance of Co-Brokers

00:37 Effective Hiring of Co-Brokers

01:28 Matching Brokers to Specific Requirements

02:28 Ensuring Transparency and Addressing Conflicts

03:31 Fair Compensation and Value Equation

05:02 Conclusion and Best Practices

You can find every episode of this show on Apple Podcasts, Spotify or YouTube, For more, visit industrialadvisors.com