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re: Real Estate Agents Question

Posted on 10/15/13 at 2:04 pm to
Posted by lsubandmom
Houston/Lafayette
Member since Oct 2007
902 posts
Posted on 10/15/13 at 2:04 pm to
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.
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9953 posts
Posted on 10/15/13 at 2:54 pm to
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 by ItNeverRains
37069
Member since Oct 2007
25584 posts
Posted on 10/16/13 at 7:25 pm to
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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