Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 about 13 years ago,

User Stats

3
Posts
0
Votes
Mike O.
  • sioux falls, SD
0
Votes |
3
Posts

Need help from Senior Brokers out there. Team pay structure advice?

Mike O.
  • sioux falls, SD
Posted

I am putting together a proposal regarding commission structure between myself and another agent in our brokerage. We are in multifamily and considering putting a partnership to paper. I am a "junior" broker...2 years in. He is 8 years into the business and does very well.

I have done fairly well in my first 2 years and have completed deals in excess of $2,500,000. I cold call, am pursuing my CCIM designation, and am pretty aggressive. So he sees a bit of upside bringing me in. I would have more consistent income coming in by joining up with him.

Anyone have experience putting together a pay scale i.e. first $100,000 in Broker fees split ??
$100,000-$200,000 in fees split ??

Get where I am going?

Not sure where to start?

Help greatly appreciated.