Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 04/11/2022
Real Estate Agent Commission Split
Hi everyone - I am in the process of finalizing my pre-requisite class hours to take my real estate license exam. None of the teachers at the school want to throw a number when we ask what is a reasonable expectation for a new agent in their first year to get from their broker in terms of commission split. Understanding that there are endless variables (ie big name broker vs small, desk fees vs none, will they provide training vs limited, etc.) but can anyone provide me a reasonable expectation for a first year agent? Is it 50/50? Is 75/25 or even higher unheard of? I just need a sense going into my first year as I talk to real estate firms.
I'm completely in the dark on this and when I ask the instructors to give something, they always punt on the answer and they say every fee is negotiable. While I certainly understand that to be the case, I really don't have any expectations on fee commission split for first year agents. Any help will be appreciated!