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Old 05-27-2012, 12:51 PM
 
13 posts, read 34,712 times
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http://realtormag.realtor.org/sites/...e_report_0.pdf


I have read it is possible for a broker to make 6 figures not selling any properties but by recruiting agents and charging them fees and or getting a percentage of their commissions.
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Old 05-27-2012, 03:20 PM
 
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,958 posts, read 21,134,203 times
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In a large office that's certainly true. If a broker has 40 agents working for him, he could easily make that kind of money.

Buying a franchise doesn't guarantee you would be able to recruit, train and support enough agents to make that happen, especially if you are a new broker. If I were an agent, I'd want my broker to have a substantial amount of experience before I signed up with them.
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Old 05-31-2012, 12:43 PM
 
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anyone have experience being a virtual broker with a major franchise such as century 21 or re/max?
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Old 05-31-2012, 06:37 PM
 
4,567 posts, read 9,894,944 times
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Quote:
Originally Posted by DMenscha View Post
If I were an agent, I'd want my broker to have a substantial amount of experience before I signed up with them.
On the flip side, if your a really good agent, you want to work for a broker who will take the least amount of commission. You could care less who the broker is.
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Old 05-31-2012, 06:43 PM
 
Location: Cary, NC
40,294 posts, read 69,732,122 times
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Quote:
Originally Posted by 399083453 View Post
On the flip side, if your a really good agent, you want to work for a broker who will take the least amount of commission. You could care less who the broker is.
I know BICs who make my skin crawl, and no commission split would make it worth hanging my license under theirs.

Really good agents prefer to surround themselves with other really good people.
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Old 05-31-2012, 09:18 PM
 
Location: DFW - Coppell / Las Colinas
39,305 posts, read 44,472,659 times
Reputation: 49932
Quote:
Originally Posted by 399083453 View Post
On the flip side, if your a really good agent, you want to work for a broker who will take the least amount of commission. You could care less who the broker is.
IMO this is totally bad advice. The best want only the best which leads to success for both parties involved.
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