Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on . Most recent reply

User Stats

89
Posts
26
Votes
Lilly Fang
26
Votes |
89
Posts

Is Team Leader taking 25%, broker 15% resonable? eXp Realty California

Lilly Fang
Posted

I am currently under a team at eXp Realty. The broker takes 20% (have to correct here, I think it's 20%, not 15%), then the team leader takes 25%. The team leader has become a friend. We discuss everything. She has been great in helping me through the contract process. However, I also know I can call in help with eXp's broker helpline. My question is, I feel my team leader is doing what a broker should do, which is helping me go through the document and learn how to deal with buyer's remorse. Now, I have completed three transactions, which allows me to be independent without a team. One the one hand, I like to be with my team leader. On the other hand, a 25% cut is too high, considering what she does is what a broker should do; she doesn't provide me with any leads. I got all clients through my own network. 

After the 3rd transaction, what should I do? I hope to join a team/company that the broker helps me as my team leader does, but only with one layer of commission cut, not two layers.

BTW, I am part-time. I do this mostly for my own investment, but help friends buy and sell as well. I am not pursuing any outside business. 

Loading replies...