What lessons have you learned from working with brokers?

1 Know your goals and expectations

Before you engage with a broker, you should have a clear idea of what you want to achieve and what you are willing to compromise on. Brokers are not mind readers, and they may have different incentives and agendas than you. By setting realistic and specific goals and expectations, you can avoid misunderstandings, conflicts, and disappointments. You can also evaluate the broker's performance and feedback more objectively and constructively.

2 Choose your broker carefully

Not all brokers are created equal, and some may be more suitable for your needs and preferences than others. You should do your homework and research the broker's background, reputation, credentials, and track record. You should also interview the broker and ask relevant questions about their experience, expertise, methods, fees, and references. You want to work with a broker who is trustworthy, competent, professional, and compatible with your personality and style.

3 Communicate openly and frequently

Communication is key to any successful relationship, and working with a broker is no exception. You should establish a clear and consistent communication channel and frequency with your broker, and keep them updated on any changes, issues, or concerns. You should also listen to your broker's advice, insights, and suggestions, and provide honest and constructive feedback. Communication is a two-way street, and you should respect and value your broker's opinions and expertise.

4 Negotiate fairly and respectfully

Working with a broker often involves negotiating with other parties, such as buyers, sellers, lenders, or agents. You should approach negotiation as a collaborative and creative process, rather than a zero-sum game. You should respect the interests and perspectives of all parties involved, and seek win-win solutions that benefit everyone. You should also avoid unrealistic or unethical demands, tactics, or behaviors that may damage your reputation, relationship, or outcome.

5 Collaborate effectively and efficiently

Working with a broker requires a high level of cooperation and coordination, especially when dealing with multiple parties, documents, deadlines, and contingencies. You should work as a team with your broker, and support them in their tasks and responsibilities. You should also follow their instructions and guidelines, and provide them with the necessary information and resources. You should also respect their time and availability, and avoid unnecessary or unreasonable requests or interruptions.

6 Learn from your experience and feedback

Working with a broker can be a great learning opportunity, as you can gain new knowledge, skills, and insights from their expertise and experience. You should reflect on your experience and feedback, and identify what went well and what can be improved. You should also appreciate and acknowledge your broker's contributions and achievements, and express your gratitude and satisfaction. You should also maintain a positive and professional relationship with your broker, and seek their guidance or assistance in the future if needed.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?