Basic Commission Question
I'm a licensed realtor in NJ and have been with my brokerage for 3 years. I'm just now questioning the MLS fees coming out of my end of the commission. I paid to join the MLS's that I list on. I pay all my own fees and dues and insurance across the board.
Here's my question. If I list a property and I do both sides of the deal acting as both selling and listing agent, and my broker and I are on a 50/50 commission split, when I get my commission, does the MLS listing fee come off the top before I get my 50% or do we split the commission 50/50 and then the listing fee comes out of my end?