Cold Calling Metrics (for listings)

[Gianni Cabral]

I’m a full time Real Estate Agent In Miami, FL and I’m looking to expand incoming flow of leads! I want to hire some family to cold call for me paying them on commissions! Was thinking around 30% of my split. I wanted to know if anybody has had any experience with this/ if they were willing to share some numbers.(leads Generated in dial-time etc.) Any sort of insight would be great help!!

[Cason Acor]

I’m not sure about the laws in Florida, but in Utah, what you’re suggesting is illegal. Here, it’s against the law for an unlicensed person to solicit business on behalf of a licensed person; ie making cold calls for you. It’s also illegal to pay an unlicensed person a commission contingent upon a sale. 

I know there are ways to operate a similar setup that are allowed. But first things first, you’ll want to check your locals laws and make sure you won’t be getting yourself in trouble. I’m sure more agents on here will be able to expound on that for you more than I can.