Real Estate Agent
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Property management under a broker
I'm starting a property management company under a local broker. I am negotiating the terms of our agreement and I'm not sure how to structure our partnership. Should I give him all of the contract fees and no percentage or a 10% of the gross. How are others doing it? I know it would be best to get my own broker license but he brings a lot to the table with connections and referrals. Any advice would be appreciated.