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Professional & Academic

Questions to Ask a Real Estate Agent Mentor

Questions for a new or newer agent sitting down with a mentor, covering the first year honestly: where business actually comes from, what the money looks like before the first commission, what to practise out loud, and what the mentor expects in return.

20 questions, each with the reason to ask it · includes a conversation guide

The questions

Open any question to see why it works.

  1. 1

    How did your first year actually go?

    Start here because the honest version is rarely the version told at office meetings. You are listening for how many deals, how long until the first one closed, and what they lived on in the meantime. A mentor who gives you real numbers will keep giving you real numbers.

  2. 2

    What did you do in your first ninety days that still pays off today?

    This separates habits from one-time pushes. The answers that hold up are usually a database, a routine, or a relationship, rather than a campaign. Anything they describe as a launch that they never repeated is not worth copying.

  3. 3

    How much money did you need saved before your first commission cleared?

    Most new agents underestimate the gap between the first client and the first cheque, which includes a contract period and a closing. Ask for the number of months, not the dollar figure, since the months are what quietly ends careers.

  4. 4

    Where did your first ten clients come from, one by one?

    Force the list rather than the category. In most cases it is family, former colleagues, one open house, and a referral, which is very different from the lead generation story agents tell publicly. The specifics tell you what to do on Monday.

  5. 5

    Which lead sources have you paid for, and which ones did you stop paying for?

    The stopped list is the useful one, and almost nobody volunteers it. Ask what the monthly spend was and what it returned. New agents are the primary market for lead products, so knowing what an experienced agent abandoned saves real money.

  6. 6

    What does your week look like, hour by hour?

    A schedule reveals a business model. An agent whose mornings are blocked for calls runs a different practice from one who works entirely off inbound. Ask which block they protect hardest, because that is where their income is actually produced.

  7. 7

    How do you decide who to work with and who to turn down?

    New agents take everyone, which is how a year disappears driving unqualified buyers around. Ask for their actual filter: pre-approval, timeline, exclusivity, motivation. Hearing that a seasoned agent says no is often the most freeing thing in the conversation.

  8. 8

    What do you say in the first five minutes of a call with a seller?

    Ask them to say it aloud rather than describe it. Scripts sound different spoken, and hearing the pacing and the pauses is the part you cannot get from a book. Write it down and adapt the words to sound like you.

  9. 9

    What should I be practising out loud this month?

    A good mentor will name one thing, not five: the listing presentation, the price reduction conversation, or handling the commission question. A specific drill with a deadline is worth more than a reading recommendation, and it gives you something to be held to.

  10. 10

    How do you handle a seller whose price expectation is wrong?

    This is the conversation new agents avoid, and avoiding it produces stale listings and lost months. Ask how they present comparable sales, when they raise it, and whether they will walk away from an overpriced listing. Ask to sit in on one if you can.

  11. 11

    What paperwork mistake do new agents in this market make?

    Errors cluster locally around disclosure forms, deadlines, and addenda specific to your state or board. A mentor who has been through a complaint or a claim will name the exact document, which is far more useful than a general warning about being careful.

  12. 12

    When do you call the broker, and when does something need a lawyer instead?

    New agents either escalate nothing or escalate everything. Ask for the categories they always take up the chain, such as disclosure questions, fair housing issues, or anything involving a dispute between parties, so you have a rule instead of a judgement call under pressure.

  13. 13

    How does the split work here, and what makes it change?

    Commission splits, caps, franchise fees, desk fees, and transaction fees combine into a very different net than the headline number. Ask what they actually kept from their last closing after everything, since almost nobody shows a new agent that arithmetic.

  14. 14

    What does the brokerage actually provide, and what do you buy yourself?

    Training, signage, photography, transaction coordination, and lockboxes may be included or billed. The gap between what is advertised and what an agent pays for personally is where the real cost of a brokerage shows up.

  15. 15

    What do you spend each month to stay in business?

    Dues, licence and board fees, multiple listing service access, insurance, mileage, marketing, and software add up to a fixed cost that arrives whether or not you close. Ask for the monthly total, because that number sets how many deals a year you actually need.

  16. 16

    How do you keep working through a stretch with nothing under contract?

    Every agent has months with no closings, and the failure mode is stopping the activity that would end the drought. Ask what they specifically do differently in a dry month, and whether they set a minimum daily action they refuse to skip.

  17. 17

    What is the part of this job nobody warned you about?

    Often the answer is emotional rather than technical: clients in divorce or bereavement, deals collapsing days before closing, being available on holidays. Knowing which part wears people down helps you decide in advance how you will handle it.

  18. 18

    If you mentor me, what do you want out of it, and what do you expect from me?

    Mentorship in this industry is frequently paid in referral splits or unspoken obligation. Get the terms said out loud: percentage on deals they source, hours of your time, floor duty, open houses. An unstated arrangement becomes a resentment by month six.

  19. 19

    What would I have to show you before you would send me a client?

    This converts a vague relationship into a standard you can meet. The answer is usually a demonstration: sitting their open houses, knowing the inventory, handling a call cleanly. It also tells you how they judge competence, which is what you are trying to acquire.

  20. 20

    What would make you tell someone honestly that this is not the business for them?

    End with this. A mentor willing to describe the exit conditions is treating you as an adult and giving you a way to evaluate yourself in twelve months. Anyone who insists that anybody can succeed here is recruiting rather than mentoring.

Setting up a mentorship that lasts

Practical guidance for the conversation itself.

Asking someone to mentor you

  1. 1Ask for one specific thing first, such as sitting in on a listing appointment, rather than for mentorship in the abstract. Small asks get said yes to.
  2. 2Choose someone two to five years ahead of you, not the top producer in the office. They remember the first year and they have time.
  3. 3Offer something real in exchange: hosting their open houses, covering floor duty, handling showings on their inventory.
  4. 4Pick a rhythm you can keep, such as thirty minutes every two weeks, and send the agenda the day before so the time is not spent deciding what to discuss.
  5. 5Get any referral or split arrangement written down, even informally. Money agreed by implication is where these relationships break.

What to watch when you shadow

  • How they open and close an appointment, including what they do in the car before they walk in.
  • The exact words used when the commission question comes up, and how quickly they move past it.
  • What they write down during a showing, and what they send the client afterwards.
  • How they handle an inspection result or a low appraisal, since that is where deals are saved or lost.
  • What they do not do. Noticing the tasks an experienced agent ignores is as instructive as the ones they perform.

Money questions people avoid

  • Net per closing after split, cap, franchise fee, and transaction fee, not gross commission.
  • Fixed monthly cost of being licensed and active, which continues during months with no income.
  • Runway in months, and what they would do if it ran out. Most agents leave the business for cash flow reasons, not skill reasons.
  • How taxes are handled as an independent contractor, including quarterly payments and setting money aside from each cheque.
  • What a referral fee typically is in your market, so you recognise a fair arrangement when one is proposed to you.