Realtors one more question....?

Question

Im a buyers agent for a top producer would I make more on my own or do expenses (that I have 0 of now) eat up the difference?

Answer 1

It depends on your split with the top agent, the amount of time you dedicate to building our business, how much experience you have, and your willingness to invest in personal promotion to build your own brand. Most brokers pay 50% to 80% of the gross commission to the agent. Negotiate an aggressive split based on your experience, review your first year expenses, and then decide if you're ready to take on the independence. Good Luck with your decision.

Answer 2

MOST top producers list homes.
IF you work for him, you are risking
the DUAL agency position you get into.

YOU did not volunteer where you are,
what type of RE you specialize in, etc.

YOU also did not state if you had
a broker's license. IF YOU do not have one, you would have to hire one
as agents [salespeople] cannot
work on their own.

Advertising is your main cost--and
few buyer's agents need to advertise.

I can guide you and if you have
reserves, you can do very well
on your own!

Answer 3

I did the 'due diligence' on such a financial scenario a few years ago. Generally speaking, if your 'split' from your brokerage is 70-75% of your commission, you won't do any better by going 'cafeteria', taking 100% of your commission and paying expenses to the brokerage.

Of course, this will depend on the location in which you practice, advertising costs, office expenses, and other expenses.

Answer 4

The real question is can you generate enough work on your own? Being a lead generator is much harder than it seems but it can be done if you put a lot of work into it.
What you need to find out is if you can/want to do what it takes to build your own business.
If you can financially do it, I would.
Good luck.

Answer 5

If they ate up the difference, no one would do it. It may be a struggle at first, but the reward is bigger.

I would hold off until the market turns around