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re: Real Estate Agents Question
Posted on 10/15/13 at 2:04 pm to ItNeverRains
Posted on 10/15/13 at 2:04 pm to ItNeverRains
0% - 25% to brokerage?? In Louisiana, you would be very lucky to get off paying only 30% to your broker and many pay as much as 50%. Company I work for caps the company dollar annually and you will get 100% after that. Up until cap, it is a 70/30 split before franchise fees.
We actually end up with very little of that 6% or whatever in our pocket.
We actually end up with very little of that 6% or whatever in our pocket.
Posted on 10/15/13 at 2:54 pm to lsubandmom
quote:
Company I work for caps the company dollar annually and you will get 100% after that. Up until cap, it is a 70/30 split before franchise fees.
this
Posted on 10/16/13 at 7:25 pm to lsubandmom
quote:
0% - 25% to brokerage?? In Louisiana, you would be very lucky to get off paying only 30% to your broker and many pay as much as 50%. Company I work for caps the company dollar annually and you will get 100% after that. Up until cap, it is a 70/30 split before franchise fees. We actually end up with very little of that 6% or whatever in our pocket.
I can see that. Median priced home in my market is almost 400k, so brokerage can be a little more generous to agents and still make more $ than average brokerage in LA.
50% is a joke.
Trill, congrats on having skin in the game, good luck.
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