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Old 03-16-2005, 08:02 PM
Breckenridge Real Estate Breckenridge Real Estate is offline
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Default Home office commission split?

I am trying to determine what a normal commission split is for agents who work from their homes. My company takes 30% of all deals with no annual maximum.

This seems very steep to me!
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Old 03-16-2005, 08:05 PM
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kyle422 kyle422 is offline
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Default Re: Home office commission split?

Do you pay desk fees?
70% sound pretty sweet to me if you don't pay desk fees.
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Old 03-16-2005, 09:36 PM
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Default Re: Home office commission split?

it all depends on how much you are bringing in in commissions, I would rather pay desk fees than a % if I were a top seller, but for new agents it seems pretty good. Who is responsible for advertising etc in this situation?
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Old 03-16-2005, 11:25 PM
Breckenridge Real Estate Breckenridge Real Estate is offline
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Default Re: Home office commission split?

Quote:
Originally Posted by kyle422
Do you pay desk fees?
No, there is no desk fee because there is no desk with the company. I am looking at a home office situation only.
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Old 03-16-2005, 11:33 PM
Breckenridge Real Estate Breckenridge Real Estate is offline
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Default Re: Home office commission split?

Quote:
Originally Posted by webmaster
Who is responsible for advertising etc in this situation?
I incur all of my own expenses.
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Old 03-16-2005, 11:41 PM
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Default Re: Home office commission split?

Ouch I like keeping most of my commission

been there .... I went to a 100% place..
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Old 03-17-2005, 09:30 AM
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Default Re: Home office commission split?

After 21 years with my current company I have been enticed away by a 100% office that runs on a wonderful concept. Unlike some 100% companies where you pay a monthly fee for an office or desk, there is just a big "workroom" with 10-15 computers. When agents come in it's first come, first served. IOW, it's not a place you can bring your awards or knick knacks. You can use the computers, copier, fax, etc. for free. You keep your own folders, paperwork (fax everything to the main toll-free fax number) & you can even fax earnest money checks.

You never have to go in to the office if you don't want to. However, there is a conference room to meet clients, a lunch room, bathroom.

There is a small monthly fee (under $100-I'm not sure we're supposed to be discussing this stuff in detail here-ethics) and a small fee per transaction (under $200). We pay for our own advertising & marketing but a lot of templates are provided so we don't have to start from square one (this Broker is very computer savvy). We even get our own websites.

It's a local company with 10 offices (and growing) & I was introduced through e-mail last year but they didn't have an office close enough to me. They are just opening one up. I'm hoping to be there next week but am waiting for a shaky deal (my listing) to close before I make the move. I am very excited!

To answer your question, with the company I'll be working with what you're paying comes out to a lot. However, this is a local company and I think this Broker is really going to shake things up around here. In my current office I believe the Broker & the top agent have a similar split as you have, although she might even get more out of it (80/20) & she doesn't pay any advertising, has a desk, full use of the office-which she is in every day, etc.
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Last edited by judyo; 03-17-2005 at 09:41 AM.
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Old 03-17-2005, 08:06 PM
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Default Re: Home office commission split?

Quote:
Originally Posted by Breckenridge Real Estate
I am trying to determine what a normal commission split is for agents who work from their homes. My company takes 30% of all deals with no annual maximum.

This seems very steep to me!
There are probobly companies out there that you can work out a more aggessive split if you explore your options.
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Old 03-17-2005, 09:29 PM
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Default Re: Home office commission split?

I keep 70% up to a cap then get 100%. Our transaction fee is only $25 and the office bill is around $50 per month. Keller Williams also has profit sharing so you can quickly end up making more on that than your office bill is. If you want any details about KW just PM me.
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