How to negotiate a better commission split
In real estate, the salesperson who has the listings makes the rules.
In this guide, we'll run you through tips to secure a higher commission split from your office.
From the moment you start to achieve success in real estate, the traditional office split model, usually 50/50, 55/45, 60/40 can feel expensive, and more weighted towards the office than it should be.
Right around this point when you start to build a name for yourself, you will get approached by other real estate companies, keen to secure your services. You will be offered higher splits and other incentives to encourage you to make the move. On top of that, there are always a series of agency options which offer near 100% splits if you are happy to have minimal supervision and assistance from a manager.
So what's the right approach? Will the grass be greener on the other side? Or are you better to stay where you are?
The answer is, of course, complicated, and it's about so much more than just money.
