I'm new to this business venture, I just received my real estate license and was approached about a partnership with a couple that invests and rehabs properties. They want to work together and both benefit each other. One of them is a licensed real estate broker and they both invest in properties. They said they'd help me with real estate for at 70-30 split and they want me to help them with marketing and learning more about what they do. I don't know how much they'd pay me, what percentage. I don't want to except to low, but also not go in asking to high. Again I'm fresh out of testing and just getting licensed. Please give me some input.🙏🏻 Thank you 😇
Real Estate Broker · Antioch, Ca. 94509 · Member since 2025 · 149 posts · 21 votes
11mo
Congrats on getting your license, Angelica. Since you are new, this sounds like a good learning opportunity, but make sure the deal is fair and clear. Ask them to put everything in writing so you understand exactly what your role is, how you’ll get paid, and what’s expected of you. A 70-30 split can be fine if you’re gaining real hands-on experience in investing, marketing, and deal structuring. What’s in it for you is that this can fast-track your learning and open the door to future deals, but only if you protect your time and make sure your value is respected.
Real Estate Broker · Antioch, Ca. 94509 · Member since 2025 · 149 posts · 21 votes
11mo
Congrats on getting your license, Angelica. Since you are new, this sounds like a good learning opportunity, but make sure the deal is fair and clear. Ask them to put everything in writing so you understand exactly what your role is, how you’ll get paid, and what’s expected of you. A 70-30 split can be fine if you’re gaining real hands-on experience in investing, marketing, and deal structuring. What’s in it for you is that this can fast-track your learning and open the door to future deals, but only if you protect your time and make sure your value is respected.
Specialist · Member since 2025 · 483 posts · 270 votes
11mo
ongrats on the license. Treat this like a business deal, not a favor: define roles, deliverables, and pay before saying yes. For the 70/30 on agent work, clarify 70 to whom and on what (listings, acquisitions, flips), plus who covers expenses, leads, and brokerage splits. For marketing/learning, set a separate, simple agreement with a clear scope, weekly hours, and either hourly pay or a small success bonus per closed deal. Protect your upside with a 60–90 day trial, written KPIs, and an exit clause. If they resist clarity, that’s your answer.