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Real Estate Agent

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Adanna Davis
Pro Member
  • Rental Property Investor
  • Toano, Va
22
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91
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Understanding Broker Commission vs. Firm

Adanna Davis
Pro Member
  • Rental Property Investor
  • Toano, Va
Posted Oct 7 2020, 16:19

Can you break down a typical payout to a Broker (and Property Manager) if you own the Property Management Firm. Trying to understand the business side.

Background: I am a real estate investor (buy and hold). I do a great job managing my own properties and want to venture out to start my own Property Management Firm. However of course I would need to hire a broker because I am not a Real Estate Agent/a broker.

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