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Careers in Real Estate |
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Mariner Broker/Agent Commission Split 80% |
The 100% Commission Split Model |
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The vast majority of real estate agents are compensated by a broker via sharing the gross commission amount that the broker collects. We're not discussing percentages charged to the client here, only the way the agent is compensated. Here's an example: 1. Gross commission amount of a transaction = $18,000. 2. Broker/Agent split of 20% broker/80% agent = $3,600 to the broker and $14,400 to the agent. 3. The percentage split is an amount agreed to by the broker and the agent and usually reflects the amount of services and support the broker provides. It can also reflect the volume of business the agent brings in. 4. If you're in the process of choosing a broker to hold your license, the split is important. |
In this compensation model, the agent gets the entire commission. This model can pay 100% to the agent because the agent is paying a "desk fee" or monthly office fee. This can be a significant amount per month, but experienced producers prefer it because their costs are capped while their income is not. Contact Mariner Real Estate today for an informative conference. After all, wouldn't you like to keep most or all of your hard earned commission?
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