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Updated about 16 years ago on . Most recent reply

User Stats

250
Posts
6
Votes
Dave Kennedy
  • Real Estate Investor
  • Georgetown, MA
6
Votes |
250
Posts

Job Offer as a buyers agent

Dave Kennedy
  • Real Estate Investor
  • Georgetown, MA
Posted

So I got an offer today to become a buyers agent at a small start up shop. They seem to be doing quite well and they are looking to add agents to expand their buyer side of business.

My question is what is a fair commission split? I see splits range from 50/50 to 95/5(DOE). Obviously you have fees when you are up in the 95% range.

I have my license but have never worked as an agent so it would be all new. It sounds like they do extensive marketing at not cost and I have no desk fees or MLS fees. But they said I'd only be getting 40% to start and work my way up to 50%. It sounds like I'll be able to learn a lot and they will mentor but 40% seems a lot lower then I was expecting.

What do you guys think? I was hoping for 60/40 and at worst 50/50.

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