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I am currently with Coldwell Banker, but I have looked at other companies. I am actually asking about a team

(3 or more realtors that work together). What is the split between them?
 
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Real Estate Pro
in Oklahoma
Shannon My..., Real Estate Pro in Oklahoma in Oklahoma
Answers (8)
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Kathy Carter was FIRST TO ANSWER
Are you looking for a team because you can't do it on your own? I think the best way to go is being independant.

Thu Mar 13 2008, 11:03
 
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Being yet another Keller Williams Associate in Oklahoma, I too support Gary Keller's book, "The Millionaire Real Estate Agent." If you would like a certain model, feel free to contact us, we are a group of four, with two full-time Realtors, one licensed assistant, and one non-licensed assistant.

As far as the split goes, well that's for the team/group to decide. I am fairly new to the full time role as a Realtor and so my split with my group leader is not that great but I also do not have to worry about paying for marketing or other expenses, so it all works out to about the same with the amount of production I'm doing.

If you would like to contact us, feel free to and we can go over the different models Gary lays out.

Thu Mar 13 2008, 09:00
 
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I agree with Anthony from Keller Williams. "The Millionaire Real estate agent "by Gary Keller will help you structure a team. The team spirit of KW will win you over if you talk to the right people.Not only is the split fantastic........the company has such innovative ideas. They will support YOUR business! Good luck. Sandy Souilliard KW Pittsburgh,PA

Sat Mar 1 2008, 12:57
 
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Shannon - I started with your franchise 6 years ago and have been with Keller Williams Realty for the past 4+ years. Keller Williams totally supports the team model - in fact the whole company is based on a system of models that you can find in the book Millionaire Real Estate Agent by Gary Keller. The answer you received about KW earlier is NOT accurate. I'm not sure where Hadjer got the "50/50" split. KW offers a much better split than that and a cap - you earn 100% of your commission after paying a certain amount in company dollar (varies by market). The way you structure a team is totally up to you - KW understands that your business is YOUR business and allows me to operate the way you want and simply provides support. They understand that if you succeed they succeed. If you would like to contact me directly I would be happy to answer any other questions you might have.

Sat Feb 23 2008, 07:42
 
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Shannon I am also with Coldwell Banker and it depends on the team. You can either go in with a higher producer and then you get paid off their commission rate. Secondly you can team up and split evenly. Basically it is up to you and the team how you want to structure it. If you have any questions ask your BIC.

Wed Feb 20 2008, 19:46
 
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60% to the listing Agent and 40% to the seller (or "buyers Agent"). In Australia this is common practise.

Wed Feb 20 2008, 02:16
 
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Shanon,
Are you looking for a team to use as leverage till the market gets better and then single your self ou?, I would look into Keller Williams teams that take on your cap and the split is 50/50 on all.

Tue Feb 19 2008, 18:42
 
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FIRST ANSWER
Like everything else in real estate - It's all negotiable.

Tue Feb 19 2008, 15:12
 
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