Updated almost 6 years ago on . Most recent reply
Desk Fees and Commissions in Colorado
I am in the process of getting my real estate license and am trying to determine whether I should commit full-time to being a real estate agent or keep my current job until I am established. I am weighing the costs of each. One item I am unclear on are desk fees and share of commissions employers take. Can someone advise what new real estate agents in Colorado (Denver and Colorado Springs) can anticipate paying to their employer for desk fees, share of commissions, etc.? Thanks!
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@Bradley Damm it really varies by agency. You should pick several and go interview the managing brokers. Check out the culture and education opportunities. Find out if they have a mentor program! Monthly fees can range from $25 to several hundred. Splits vary widely and some offices have a cap and some don’t. You really have to look at what all you are getting for the cost! Good luck!