Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 8 years ago on . Most recent reply

User Stats

1,257
Posts
345
Votes
Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
345
Votes |
1,257
Posts

Employing Broker and Affiliate Broker Relationship

Rich Hupper
  • Broker / Investor
  • Tewksbury, MA
Posted

Hello fellow brokers

I have a question about this relationship. I have been working under a broker for almost two years with a salesperson license. When I was "hired" there was no contract signed discussing commission splits, duties or responsibilities. I was hired as an independent contractor and receive a 1099 each year. The commission split was discussed verbally.

I recently passed the broker exam and I am now a broker working in the same status ( independent contractor ) at the same company. Where there was no written agreement about commission splits, do I have to split my commissions anymore?

Thank you for your help on this matter.

Loading replies...