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> Of that, their office will get roughly half and they get half, so their takehome is around 1.5. This actually varies wildly by brokerage. The massive ones, s
by the_watcher 10y ago
> Of that, their office will get roughly half and they get half, so their takehome is around 1.5.
This actually varies wildly by brokerage. The massive ones, such as Remax, often don't make their money on real estate commissions, but on ancillary products that are required for the transaction: title insurance, inspections, mortgages, etc, and because of that, offer as much as 95/5 splits with their agents. My dads brokerage, in contrast, provides their agents with a decent number of services for managing escrows and the like, and have a 75/25 split.