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Updated over 15 years ago,
Job Offer as a buyers agent
So I got an offer today to become a buyers agent at a small start up shop. They seem to be doing quite well and they are looking to add agents to expand their buyer side of business.
My question is what is a fair commission split? I see splits range from 50/50 to 95/5(DOE). Obviously you have fees when you are up in the 95% range.
I have my license but have never worked as an agent so it would be all new. It sounds like they do extensive marketing at not cost and I have no desk fees or MLS fees. But they said I'd only be getting 40% to start and work my way up to 50%. It sounds like I'll be able to learn a lot and they will mentor but 40% seems a lot lower then I was expecting.
What do you guys think? I was hoping for 60/40 and at worst 50/50.