It boils down to how much money you want to make. Get the highest split, but you may be responsible for your own marketing. MLS statistics that I do every month on the areas that my firm covers, show that it really is a toss up between agents, and not the companies. Between KW, Coldwell Banker, and Sotheby's, they transact 40% of the business, but their agents on average do not out perform their independent peers.
At EVHH, our leads come to us because of the trust and confidence they have with such a globally established luxury brand. Come check us out.. Our average agents earn upward of $50K easily.
Thanks for your input.
I work with Keller Williams and we should talk.
Office practices vary, but most follow the same model
You pay a technology fee of $15 and a office fee of $10, so $25 per month.
You can rent a desk or office, or just use a "day desk" if you work from home.
We offer profit sharing when you sponsor a new associate for the office.
We offer 'capping". Every office is different, in our office the profit cap is $28,000. Most agents are on a 70-30 split, when you hit $28,000 in your 30% side, you shift to 100% commission. So in just a few transactions you keep 100%.
I'd be happy to answer questions that you might have. Check my profile.
You can find brokers out there that do not charge desk fees, but in this difficult economic climate, I urge you to really think about your career and what a brokerage can bring to the table for you. If you are going to be making a living in this business, having the support of a flag brokerage may help you tremendously.
Be well, and good luck in your new geographic area!