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#328314 - 02/24/10 02:07 PM Determining better pay [Re: Perky_REALTOR]
sueinpa Offline
Junior Member

Registered: 01/17/10
Posts: 7
Loc: pennsylvania
just wondering, but how can you be totally sure that Remax has better pay?? What comparisons are you making?

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#328317 - 02/24/10 02:50 PM Re: Determining better pay [Re: sueinpa]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 3348
Loc: Old Dominion
I think it would be important to distinguish b/w a paying job and a commission based job. Commission splits could then be discussed.
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#328318 - 02/24/10 02:51 PM Re: Determining better pay [Re: sueinpa]
Steve Howe Offline
Member

Registered: 12/27/08
Posts: 288
Loc: Minneapolis, MN
Originally Posted By: sueinpa
just wondering, but how can you be totally sure that Remax has better pay?? What comparisons are you making?


Desk fee amounts, commission splits, etc.

You would compare these amounts to other brokers to determine which has the best pay structure for you.

For example, another "discount broker" in the area has only a $263 Monthly Desk Fee, but then charges you $500 for every transaction. So if you're doing more than one transaction per month, you're essentially paying out over $500 plus $263. If you do 2 transactions per month this means you're paying $1,263 just to be licensed and have a "lowe desk fee" but you're really losing money in the long run.
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MN First Time Home Buyers - Blog for MN First Time Buyers Info
First Time Home Buyer Class Minnesota - Get the Facts Before You Buy
SteveH [at] MNRealEstateTeam [dot] com

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#328368 - 02/24/10 07:58 PM Re: Determining better pay [Re: Steve Howe]
ColoBroker Offline
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Registered: 11/03/07
Posts: 2346
Loc: Northern Colorado
I like RE/MAX. I joined them in November. They are the 4th company I've worked at including one I owned. Their technology is great. That is the main reason I joined them. Due to my location in Colorado I really like them as the RE/MAX International headquarters is an hour away so I can attend their special presentations that most likely other areas of the country or world can't go too.
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