Coaching and Mentors : CoachingCorner

Coaching and Mentors
Posted: 10:03 AM, Oct. 5, 2006

What is a reasonable price for a coach or mentor to charge. We have someone here charging $5,000.00 to join their coaching club. Is this normal nationwide or as I assume it is on the high side.

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Great question! Since anyone call call themselves a coach, what is really important is not what they charge but what you get (sounds a lot like an agent's job in demonstrating why they are worth their fee, doesn't it?)
First-there is a big difference between mentoring and coaching.

Mentoring is like consulting, where a more experienced (hopefully) agent shares their methods and actually does training with you.

Coaching is a co-partnership that is more about a personal approach to helping you use the skills and strengths you have to create the best business.

Since each person is unique, this is different for everyone. Many programs that are calling themselves coaching are really just training programs in the the methodology of the company that has created them. Nothing wrong with that, but it really is just training.

And, then for the cost question, you'll find lots of choices, but for coaching that is quality, personal coaching, the $350-$500 per month range is probably "average."

I would be cautious at signing up for something with a contract for a length of time that does not allow an "out" if you are not compatible with the coach. The fit with personalities and needs is one of the critical pieces. Make sure you can interview 1-3 different coaches before choosing the one who feels right to you.

Also, do some interviewing of people using the coaches of the company you are interested in or ask about the companies on the listservs.

The International Coach Federation (www.coachfederation.org ) is the ethics and credentialing body (like NAR for us) for coaches. Membership or a designation ( PCC or MCC) would be an indicator of a trained coach with ethical standards.

Warm Regards,
Joeann Fossland ePRO,GRI, PMN,

ePRO Certified Trainer, Master Certified Coach

Founder http://www.webwomengivingcircle.com/

RELAXED Real Estate for MAGNIFICENT Agents!

Visit my blog: Http://Blog.Joeann.com

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re: Coaching and Mentors
Posted by karin hanna at 7:05 PM, Oct. 18, 2006

We are launching a brand new coaching club called www.realestatekitchen.com and it is specifically designed to get your business and life cookin', memberships will be just $27 a month but right now you can get a 12 month gold membership free by going to www.joeann.com/wwcg-raffle.htm and spending $20 on a raffle ticket which could also mean you could win 12 months of one on one coaching, a website, blogging systems and lots more. I have donated 6000 memberships to this cause, 1 for every raffle ticket sold, as I believe its important to each of us to give back and make a difference in the world. I feel so grateful every day for all that I am and have and continue to create and want everyone to know they can too. Please join me in at www.realestatekitchen.com and support CARE and our raffle, it will have to be the best $20 you could ever spend and 100% of it goes to CARE and helps give others less fortunate a big hand up. Only 6000 tickets and memberships are available worldwide so act fast and hit this link www.joeann.com/wcg-raffle.htm

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