Tuesday, December 29, 2015

Keep Your Commission - How much does RE/MAX pay ?

100% commission broker california

In this blog post we're going to compare a one hundred percent commission virtual online flat fee California brokerage to RE/MAX.

Many realtors believe RE/MAX is a 100% commission brokerage.  Lets take a close look and see if that's really true.

Lets start off mentioning that new agents at R/M start out on a 50/50 split.  After that, every agent is going to be on a different commission split.  So instead of going through a bunch of complicated percentage figures on how much commission R/M takes out, lets just keep it simple and just look at the all the fees they charge.  Following is a quote I found on a real estate discussion board directly from a R/M agent; "My desk fee is $14,000 a year and my split is 95/5, so is costs me $19,000 ($14,000k desk fee + $5,000 commission split) for the first $100k I make."  

So this R/M agent gets to look forward to paying out a cool $14,000 a year for his desk, not to mention the other additional fees R/M tacks on for advertising, etc.. Yikes ! For $14,000 a year I sure hope that desk is made of gold.

Again, lets look at the CURB business model.  
Desk fee: $0
Advertising fee: $0
Franchise fee: $0
Commission split to agent: 100%

Please do the math and decide which business model works best for you.

CURB
California's Premier 100% Commission Brokerage

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