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Updated about 1 year ago,
Pennsylvania Broker of Record
Is anyone currently a broker of record for one or more agency in Pennsylvania? I am curious your compensation and I am guessing it's based on gross income of transaction, leasing, management fees.
I am a licensed agent, would like to start my own real estate property management company. I have 3 brokers classes left, plus the test and application.
If I wanted to "rent a broker" who would serve as my broker of record until I finish brokers classes, what percentage of my gross revenue should I give to my broker to serve as a temporary broker of record?