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Old 10-11-2011, 10:51 AM
1 posts, read 2,619 times
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Hello All,
I am changing sponsoring brokers and my new broker has never sponsored an agent that specializes in Property Management as the primary business focus. Could any Texas Brokers tell me what a "typical" fee or split is that you receive from an agent on their "management fees received"? I have heard from one broker that she charges a flat fee annually (to help cover E&O costs) but does not charge an ongoing monthly split to her PM agents. Input please?
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Old 10-12-2011, 05:50 AM
Location: Louisville KY Metro area
4,824 posts, read 12,476,629 times
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I would check out a few RE/MAX brokers. While I am not a Texas licensee, I believe that this works in TX too. Under the RE/MAX model, you would pay your broker a flat monthly fee, typically somewhere between $750 and $2,000 per month (based on services provided, etc), and you would keep your property management income. Of course this is only a foundation to start with, but worth a few interviews. By the way, this same model works for any agent in traditional home sales.
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