I found a job where the split is 60%me 40% them. After they recieve $15,000 from me in that 40% I get to keep 100% of my commissions. Its starts over every year. Do you think that seems like a fair split? Thanks!
2007-01-22 09:50:33 · 6 answers · asked by chris 1 in Business & Finance ➔ Renting & Real Estate
I'm assuming you're a newly licensed agent? Far more than the split you get at your first office (you won't stay at your first office forever, there will be others) is the training and experience you get.
If there's little training, or little opportunity to pick up buyers that call on signs, etc, then it's pointless for you to be there.
How much do you expect to sell this first year? You're paid 60/40 for the first one and a quarter million, with 100% after that. But all in all, this first year you need coaching, support, and times at bat.
2007-01-22 10:16:05 · answer #1 · answered by teran_realtor 7 · 0⤊ 0⤋
Well most companies don't make you start over every year but I guess since the co,mmission jump from 60% to 100% it's fair.
2007-01-22 17:55:49 · answer #2 · answered by Chris P 3 · 0⤊ 0⤋
if you work for ReMax the split is 70/30, but you pay fees of like 400 a month. I have heard that most independant real estate offices have splits of 50/50....so it doesnt sound too bad to me.
2007-01-22 17:59:53 · answer #3 · answered by dwanzor 2 · 2⤊ 0⤋
So all they want to make off of you is $15k a year? This doesn't sound right to me. I don't know of any Realtor making 100%, even when they are paying $1500.00 a month in desk fees. Double check this, it just doesn't seem right.
2007-01-22 19:20:39 · answer #4 · answered by Urbangirl 2 · 0⤊ 0⤋
60% is phenomenal. Far better than just fair. The average is 50-50.
2007-01-22 18:27:57 · answer #5 · answered by desolate_misanthrope 2 · 0⤊ 0⤋
If you are new to the business this is fair. Expect some training to be included.
2007-01-22 18:03:01 · answer #6 · answered by Anonymous · 0⤊ 0⤋