Hi Guys,
I've been investing in real estate over a decade and have decided to be a realtor. My plan is to slowly move into full time within a year's time. I have bought and sold homes many of times and have also sold my properties myself via a limited MLS service.
My question is when looking for a place to hang my license, what type of commission splits, educations, etc. should I be looking for? If I look for a place where I'm 100% commission, I would assume that their would be very limited guidance, but if do a 50/50 split, I think I would catch on pretty fast regarding the transaction process, but wouldn't want to be committed long term.
I know things are always negotiable, but I want to get an idea before I start talking to brokerages. Being a newbie, I'm not even sure if a place would allow me to be at 100% co-op.
Is there a such thing as all of my leads / deals, I get 100% + broker fee, and all assignments given to me by brokerage is split? How would most brokerages deal with my own personal deals ie. My primary residence or my investment properties?
Kind Regards,
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