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Updated over 7 years ago, 07/18/2017

User Stats

27
Posts
8
Votes
Daniel F.
  • Chicago, IL
8
Votes |
27
Posts

Looking for a favorable commission brokerage for new RE Agent

Daniel F.
  • Chicago, IL
Posted

Hi all,

I just passed the real estate license exam here in Chicago, my intention is to do this for family business purposes and am looking for a favorable commission structure. I found one brokerage, Kale Realty who have the commissions going 100% to broker but you pay $325 per transaction, for rentals its 80% to broker and $15 per transaction. In addition you pay $49 monthly fee + $199 annual errors and omission insurance. 

For someone who is most likely only going to do a handful of transactions a year mostly in renting, does this sound like a fair deal or are there better alternatives?

Thanks!

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