|
05-27-2012, 12:51 PM
|
|
|
|
13 posts, read 34,712 times
Reputation: 35
|
|
|
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.
|
|
05-27-2012, 03:20 PM
|
|
|
|
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
6,958 posts, read 21,134,203 times
Reputation: 6440
|
|
|
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.
|
|
05-31-2012, 12:43 PM
|
|
|
|
13 posts, read 34,712 times
Reputation: 35
|
|
|
anyone have experience being a virtual broker with a major franchise such as century 21 or re/max?
|
|
05-31-2012, 06:37 PM
|
|
|
|
4,567 posts, read 9,894,944 times
Reputation: 6690
|
|
Quote:
Originally Posted by DMenscha
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. |
|
05-31-2012, 06:43 PM
|
|
|
|
Location: Cary, NC
40,294 posts, read 69,732,122 times
Reputation: 41705
|
|
Quote:
Originally Posted by 399083453
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. |
|
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
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. |
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
