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 4 years ago,

User Stats

1,672
Posts
2,103
Votes
Peter Tverdov
Agent
Property Manager
  • Real Estate Broker
  • New Brunswick, NJ
2,103
Votes |
1,672
Posts

Starting a Brokerage - Need realtor opinions

Peter Tverdov
Agent
Property Manager
  • Real Estate Broker
  • New Brunswick, NJ
Posted

Hey guys, I am planning to open my own brokerage in 2021. We have a vertically integrated business right now where we have in-house construction, in-house property management and now we will have in-house brokerage. I want to hire a lot of realtors and let them do their thing as I have a lot of things on my plate as the owner.

The popular model right now (for those who are great realtors) is having a realtor pay the broker the first $10k of their commission and then splitting it 95/5 or 100/0% the rest of the way.

I am thinking more of 90/10 but pouring the 10% that the house earns, back into marketing for the realtors.

I'd appreciate any ideas realtors have as to what would make for a successful brokerage, both financially and from a growth perspective.

Loading replies...