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Updated almost 9 years ago,
What's a good commission split?
Hello Agents,
I am a licensed agent who is interested in flipping properties. Because I am a dual career agent, I don't have time to dedicate to look for deals. Since there are full-time agents in my office that are in the community daily and searching on line daily for their clients, I wanted to propose they be a part of my "search team", all they have to do is find the deal, they don't have to show anything, write any contracts, all they have to do is send me properties specific to what I am looking for(that fit my specific formula)...(not an overall MLS search, I can do that). If I purchase the home they find for me I want to give them a "commission" but don't really know what a good commission offer would be? Can anyone give any suggestions on what a good commission split would be just for being part of my search team? Thanks so much!