What's the commission split at your Real Estate firm?
Let’s learn what's the commission split at your Real Estate firm. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
Best solution
1. If you are a realtor with coldwell banker, allen tate, remax, centry 21, can you tell me the commission split between you and the firm? Is is 50/50, 60/40 70/30 ? I'm just starting out and would like to get answers b/4 i go in for interviews tomorrow. 2. Also, can i go in there and basically tell them that I want more of a percentage than they offer? Please only answer if you know your facts.
Answer:
Keller Williams, the 4th largest company in the USA, starts agents out at a 70/30 split. After time...
bouffe at Yahoo! Answers Mark as irrelevant Undo
Other solutions
Let's say a home sells for $1,000,000. The 6% commission is split among the seller's agent and buyer's agent. So that's $30,000 going to each agent. How much do the agents personally keep, and how much do their companies keep of those respective ...
Answer:
Every agent has a different scenario. Depending on their arrangement with their broker owner an agent...
Dianne Camella at Quora Mark as irrelevant Undo
Hi, I just passed my real estate salesperson exam. What kind of commission split should I expect from my broker? I am in the San Francisco bay area. Also, who pays for the association fees and MLS account? Thank you. Feel free to recommend any good brokers...
Answer:
Usually the salesperson pay for the MLS fee and association fees, etc. Honestly, at this point, the...
Salim at Yahoo! Answers Mark as irrelevant Undo
Do real estate brokers get "discounts" on homes they purchase? My understanding is that the standard commission on homes listed for sale with a real estate brokerage in my area is 6%, and that a listing broker generally splits this 6% in half...
Answer:
Mmm, actually sometimes yes, absolutely. This varies significantly market-to-market however. And this...
letahl at Ask.Metafilter.Com Mark as irrelevant Undo
I am 16 years old, in 11th grade and I have an interest in the finance industry as well as real estate investment and development. I have dreams of eventually starting my own real estate/private equity firm and even making the Forbes 400. I really believe...
Answer:
IMHO, you should go for a finance degree and start to specialize you afterward. A MBA will help a lot...
JOHN924 at Yahoo! Answers Mark as irrelevant Undo
Here's a background on me...I'm 32 with an undergrad degree in Finance from Penn State and a Professional Certificate from NYU in Real Estate Finance & Investment. Also, I'm married with a 2 year old and I live near Cleveland. Since undergrad I...
Answer:
Certification in Real Estate Development An occupation as a real estate contractor falls under the...
Roman Temkin at Quora Mark as irrelevant Undo
I know the seller of a property of a few million dollars. And I just met a potential buyer who's looking for such kind of property. Seller told me he would pay me few hundred thousand dollars as my commission if I find him a buyer. Now, I'm not a real...
Answer:
I've included a link to the Colorado Real Estate Manual. Chapter 3 (page 3) talks about what can be...
FJ23 at Yahoo! Answers Mark as irrelevant Undo
Hello, I am now almost 16 years old and I recently decided that i would like to become a real estate agent. I am not very academic but i have participated in a work experience at a real estate firm and i have a couple of service, charity and sports awards...
Answer:
The best way to become successful at almost anything is to have a good mentor. I would try and find...
glenn at Yahoo! Answers Mark as irrelevant Undo
We tried to negotiate with him. This our second house we are selling in the past 10 years and the first we sold we profited immensely. This agent went above and beyond for 8 months and finally we get an excellent offer and it was a done deal. However...
pickmefi... at Yahoo! Answers Mark as irrelevant Undo
The real estate office we are working with is charging an additional $500 broker fee on top of the commissions. Is this normal?
Answer:
Normally the commission covers all of the broker fees. I advise you call the broker and ask, "If...
Irene G at Yahoo! Answers Mark as irrelevant Undo
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