Broker splits
Im an associate for a big firm in a major market. 50/50 splits are just hard to swallow when I see what I could be making. Is this always the norm when starting out?
[{"id": "d8obng8", "text": "In my experience yes. My firm has 50-50 split but as you cross certain income thresholds the split gets better for the broker. \n\nSplits tend to suck even more of it's an out of town client and the office where they're based out of expects a large cut of any deal you do. I'm now w/ a national firm so that's not something I worry about. ", "replies": [], "depth": 1}, {"id": "d8occrq", "text": "Mine offers 50/50 if the deal comes from the house. Otherwise it is 60/40 up to 70/30 after you hit $400k. It's a regional brokerage though. No training though. I guess it depends on what you're getting into and what you're getting in return.", "replies": [], "depth": 1}]