Hiring New Agents - 90/10 Commission Split

By
Real Estate Agent with Richter Realty, Inc.

Why Join Richter Realty?

We are opening soon new office in Downtown Apex and we need motivated agents to grow with our innovative company.

You'll make more money by keeping more of your hard earned commission. Why do you have to give so much away to the Broker? Because they have a well known brand name, tons of agents, big impressive office, etc...

For us is not enough of a reason....

Well, think of this...

Have you ever had a referral from a past client?
If you have, do you think they referred to you because you worked for a recognized company? Or because YOU gave them the best service & results possible?
Just imagine how much money you could save if you keep 90% of your commissions!

Don't give any more of YOUR money away! Join us, and make more money

Comments (11)

Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros
Interesting a lot of folks are going the other way with this . Best of luck attracting quality
Mar 14, 2008 12:40 AM
Vanessa Krempa
Princeton, NJ
I echo Charlie's comments.  I am not asking and don't want to know, but am curious as to the other 'hidden' fees that aren't covered in the 90/10 split.  It takes money to pay for overhead and it has to come from somewhere.  Best of luck attracting quality and loyalty.
Mar 14, 2008 12:47 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA
What happened to the days when you had to earn your commission split? I'm sure you will attract some agents who are looking for the large splits, but are you looking for quantity or quality?
Mar 14, 2008 01:02 AM
Patricia Aulson
BERKSHIRE HATHAWAY HOME SERVICES Verani Realty NH Real Estate - Exeter, NH
Realtor - Portsmouth NH Homes-Hampton NH Homes

There must be more to this than meets the eye!!  I'm suspicious!

 

Patricia Aulson Hampton NH Real Estate   Portsmouth NH Real Estate 

Mar 14, 2008 01:10 AM
Joe & Lisi Richter
Richter Realty, Inc. - Holly Springs, NC

Why dismiss a better commission split ? It really motivates our agents to get more business. More money in their pockets means that they will invest more in promoting themselves. In our company we all work together as a team!

Mar 14, 2008 01:41 AM
Matthew Zgonc
Aksland Real Estate - Modesto, CA
Realtor, CFS, CVS
I wish I had that split, personally.  I actually am all right with people getting a 90% split off the bat.  I think it would motivate people to work harder initially, rather than a 60% split.
Mar 14, 2008 03:00 AM
Joe & Lisi Richter
Richter Realty, Inc. - Holly Springs, NC

TO BE A PROGRESSIVE COMPANY IN OUR TIMES WE NEED TO NOURISH THE AGENT BECAUSE WITHOUT THEM WE ARE NOTHING.

 

Mar 14, 2008 03:15 AM
Cathleen OnullHannigan
Keller Williams Realty - Cary, NC
Cary NC Homes Pro

I'm not very motivated with my present split, but I've seen many small companies start up here and fail.  I'm wondering what you all have to offer besides the 90% split?  If you are new without a name, wouldn't you need more of an anchor?  I'm curious to see how long you'll be around.

Aug 20, 2008 12:55 AM
Joe & Lisi Richter
Richter Realty, Inc. - Holly Springs, NC

Our first year we gave away almost 50% of our commission to a broker. We struggled, like most newcomers to the business. We were determined to succeed and it did not take us long to realize that the only way to make work our business plan  work was to keep more of our commission.It's a very simple formula, if you can maximize your sales your cash flow increases and you have more advertising dollars that will bring more leads. I still wonder how many of my colleagues are afraid of the opportunity of making more money.....

Two roads diverged in a wood, and I--
I took the one less traveled by,
And that has made all the difference.
-Robert Frost, from The Road Not Taken
Aug 20, 2008 09:13 AM
Anonymous
MC Griffin Campbell

Great post!  I believe commision structure 90% is on the cutting edge that will motivate new agents to another level.  Times are changing and we must change too!  I have just made the move to change my commission structure to 90%.  Will keep you posted.

Apr 07, 2012 11:18 AM
#10
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain in 2016!

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

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Feb 14, 2016 12:57 PM