An Agent's Guide to Choosing a Brokerage
Posted by Liv Real Estate onIt's astounding how many different business models exist in our highly regulated industry. As a real estate agent, how do you determine which is the best model and brokerage for you? There are two main business models for brokerages: desk fees and commission split. From there, you can find combination models, employee (salaried) models, multi-level models (where agents are rewarded for recruiting other agents) and more. In general, desk fee or "100%" brokerages charge a monthly fee, a deal fee, and additional fees for just about everything you can imagine from paper clips to training to answering calls. Meanwhile, commission split brokerages share in your success by taking a portion of your commissions (typically anywhere from 10-50%).…
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