The brokers take a percentage of the agent's commission check until the agent meets a predetermined amount of productivity.

Hi Murry,I don't know if all states have a website like this but in Oklahoma, there is the Oklahoma realestate commission and under forms they have it all..

I'm sure you will ignore that advice though since you were the one insistant that dual agency is legal in Maryland even though agents are fined almost monthly by the real estate commission for it.

In 2015, he worked at a collision repair shop and received W2s, but his pay was "flat rate" which is similar to commission, so that's also a mess.

However, working on 100% commission is challenging in any field but particularly in real estate.  

The 88% includes all real estate commissions You cannot do an inspection prior to having an accepted bid other than a visual as you cannot turn on utilities.  

Actually we are offering 33% higher commission to selling agent than if they were to sell a property listed by a agent

Charles uses his Self-Directed IRA funds to purchase real estate and earns a commission as the real estate agent on the sale Keith uses his Self-Directed IRA funds to lend money to a company he owns and controls John invests his Self-Directed IRA funds into a business he owns 75% of and manages Self-Dealing Prohibited Transactions4975(c)(1)(E): The direct or indirect act by a “Disqualified Person” who is a fiduciary whereby he/she deals with income or assets of the IRA in his/her own interest or for his/her own account Sara makes an investment using her Self-Directed IRA funds into a company she controls which will benefit her personally Jason uses his Self-Directed IRA funds to invest in a partnership with himself personally in which he and his family will own greater than 50% of the partnership Helen uses her Self-Directed IRA funds to invest in a business she and her husband own and operates and her and her husband earns compensation from the business Steve uses his Self-Directed IRA funds to lend money to a business in which he controls and manages Victor invests his Self-Directed IRA funds in a trust in which Victor and his wife would gain a personal benefit Brenda uses her Self-Directed IRA funds to invest in a real estate fund managed by her Son.

IMO BP could hire someone who understands ( researches) actual investment values and will call out all the obvious and real bogus ( sale commissioned)  REI "advice".

I asked why was commission to his salespeople when the property wasn't purchased yet, just about 3 months in the investment.