As far as BPOs go, in Missouri, ALL money received for real estate activities has to go to the broker, then be pauid to the agents. BPOs require a license, so they ARE a real estate activity. I will keep $5 of every BPO my agents do for administartive costs...
Most brokers here sytart everybody at 50/50 and most I have talked to give a raise after $1million in sales. I am looking at starting brand new agents at 60/40 with raises more often. Still ironing out the details, but think it will help agents feel like they are worth more to me and the compnay if they make more money more regularly. Retention of good agents is more important than big profits to me. I will cap them out at 90/10.
They will have to pay their own Realtor fees, CE, licensing fees, and any specialized advertising or signage (eg:name riders),an a small monthly fee towards E&O ($10-&20 per agent), but no desk fees, tech fees, phone bills, etc. I think, once I get an agent or two on the plan, they will talk and I will get several working for me.
I hope so, anyway!
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REO Broker since 2004
"And think not you can guide the course of Love, for Love, if it finds you worthy, will guide your course" K.Gibran