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Rainer
279,878
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Depends, some of them are really good!

Jun 03, 2018 10:28 PM
Ambassador
6,364,089
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We all start with the same percentage, producers cap quickly and it is free for the rest of the year.

Sep 16, 2019 08:56 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm not a broker.

Nov 10, 2017 06:02 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We have a structured program for new agents that includes splits becoming larger as they demonstrate competency in key areas...

May 21, 2017 06:02 AM
Ambassador
3,727,581
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

In my experience, splits are determined by productivity.  And new agents tend to need more hand-holding and they usually aren't productive immediately.  While new agents may start at a lower split, they can move up the ladder reasonably quickly as they start to get results. 

Jan 24, 2015 11:20 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

The others have given you good advice. I started in 1992 and got a 50-50 split.

Jan 24, 2015 10:36 PM
Rainmaker
1,683,862
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

No less than a 50/50 split when starting or they will find someone else.

Jan 24, 2015 01:13 PM
Rainmaker
2,443,200
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I give a 50/50 to new agents and all agents until they reach the established plateau.

Jan 24, 2015 12:46 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It all depends - if someone is smart and wants to work hard, I'd still pay them higher split whereas someone has experience of 15 years but not much of motivation, I'd prefer a lower split.

One way you can handle this William Feela is by giving extra bonus on production or a tiered split.

Jan 24, 2015 12:16 PM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

In my experience, new agents always start at lower splits. New follks require time and training...

Jan 24, 2015 08:52 AM
Rainer
38,740
Steve Walny
Addison Wolfe Real Estate - New Hope, PA
. . . A Contrasting Point of View in Bucks County

William Feela I'm glad you asked that, and it brings up a related question in my mind.  Are mentoring fees common?  The brokerage I've been with since the late 90's doesn't do such a thing, we all simply pull-together & it's yielded some wonderful agents.  A brokerage I was briefly affiliated with in FL, had rather strict/aggressive mentoring fees - it seemed to me that some agents could take advantage of or be taken advantage by this.

Which approach is the norm?

Jan 24, 2015 08:47 AM