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Alan Mills - Creating Closer Communication
ACN - Spokane, WA

Anthony: Small commission checks? As a W2'd commission based LO working for a Broker I believe 50% is fair for an in-house LO. If the checks are still too low there is something else wrong which moving probably won't fix.

Let's face it the MB is the one with the ultimate responsibility for compliance, premises, licences, lender authorisation, technology, staff and so on. As an outside LO I'd make a bit more but have all the equipment costs. Besides, I'd need to interview every client in their home or work - more than one in the same place means that venue ought to be approved by the State DFI which would leave the MB open to immediate Inspection.

So, 50% sounding better?

Aug 18, 2007 06:55 AM
Anthony Bibbs
GHM - Concord, CA

True or false, working as your own MB, you control your costs and expenses?

 So no, 50% commission is still 50% commission.

Aug 18, 2007 04:25 PM
Harry Barber

How is it that you can scam one out of $1800 dollars and try to make it all go away by paying them and then initiating a chargeback via your credit card?

Apr 16, 2010 06:23 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Welcome back to ActiveRain!

    Much has changed since your last visit to ActiveRain.  I encourage you to take another look at the website. 

    Surf some blogs, leave some comments.  Better yet, post a Blog.

    Best to you!

Sep 17, 2015 12:16 PM