Can someone tell me what the typical split is between a RE salesperson and the Broker/Office?

I was just offered a position selling real estate for someone wh o offered me a 60/40 split (my sales person side being the 60) of the split commision - even when the sale is not co-brokered. SO say the property sold for $100K. At a 5% commission, the total commission would be $5K. As the salesperson, I would receive 60% of $2500.00 or $1500.00. Is this typical?Can someone tell me what the typical split is between a RE salesperson and the Broker/Office?
You asked if receiving 60% of $2500 is typical. Assuming you are splitting with another broker, your numbers are correct and yes, this % for someone with little experience or starting out is typical, and pretty good to start. Some Brokers start their new agents at 50-50 after office overhead, others may give a larger percentage, but with less extras (free advertisement, office space, etc.) The more experience you have/successful transactions you've serviced and bring to the table the higher your commission. Remember, the broker is also considering if you are worth their time and energy, so the more you get, the better they may think of you!! Good luck :)Can someone tell me what the typical split is between a RE salesperson and the Broker/Office?
VERY typical; especially if you are %26lt; 2 years experience with documented closings and a client (referral) base.





As you gain experience, a client base and more sales your split shoudl increase.





Good Luck
really depends now .. depends on experience and offices.


I see offices with 100% split, but pays a montly fee..some 70/30 so shop around
First, I don't get your numbers. If there is no cooperating broker on a 100K sale and the commission is 5%, your commission is 5K, not $2,500. The split is (or should be) based on the gross commission, so 60% of 5K is 3K. You get 3K and your broker gets 2K.





In the last 8 to 9 years, the traditional real estate model has been turned on its head. There is no such thing as ';typical'; anymore. Brokers want to get as much as they can and you want to keep as much as you can. And even with the hundreds of different split plans out there, there are often additional costs to pay your firm.





Your question should be...';what do I get for paying you 40%?'; and your broker's question will be ';what do you bring to the table in the way of experience and client base?';

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