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Updated over 9 years ago,
Investors with Licenses- What are you paying?
I've recruited a number of investor agents over the past few months and many of them indicated they weren't getting a break on their commission splits with their brokers when they bought their own homes or investment properties. Got me thinking about how other companies do it and what agent/investors are paying... at my firm we just charge a flat "transaction fee" per deal, regardless of the type of transaction or commission amount. The fee is $680 per deal, provided the agent has a good customer survey response at closing. And obviously if its your own deal, you'll have a good survey!
Anyone willing to share what they are being charged from their broker on their own deals ?