$$kate$$ obviously your husband has never worked in or around the real estate industry... I had worked for two agencies before going out on my own and the most I ever saw an agent receive as a "traditional" split was 70/30, that was an agent who was experienced and produced for the office, now as 007 mentioned earlier that broker covered everything for every agent...

The other side of this is the first company I worked for was a Re/Max and they offered a 95/5 split but you covered every single little thing yourself, they charged you a desk fee, assistant fees, calls, voicemail, e & o, for faxes, copies, envelopes, sign, post, EVERYTHING!

I think you have to consider how much work you have to do for your split, not just out in the field selling real estate but also the administrative things that carrying more of your own costs require... Do you like record keeping and balancing books??? Because if you're covering all of your costs for everything than it's on your shoulders to make sure that all the payments and paperwork are in order. Some agents don't want to deal with that stuff, they just want to list and sell real estate and I have agents that are like that at my company... They don't like/want to handle any of those things so the office covers and supplies them with everything they need but it's costs the agent a greater split...

All in all, I think as a new agent you got a fantastic deal!

Dan Ortiz ABR CRS CREOS (Hablo Espanol)
Licensed Broker/Owner
Manor Gate Real Estate of NY Inc

"If you think hiring a professional is expensive, wait till you hire an amateur" Red Adair

Perky - I want your deal!

80/20 with you paying for your marketing is a decent start, depending on what those "fees" are. Some offices in my area are charging desk fees, website fees, E&O fees, franchise fees, long distance fees, copying fees, a partridge in a pear tree fee, etc., etc.. Take a good look at those fees.

Starting agents at my office get 50/50, the broker pays half of advertising, training and the franchise fees, we pay E&O, and the broker pays for just about everything else.

Godged - That sounds about right for what we do in my neck of the woods, only some agencies will cover the E&O as an "office" expense to make sure that it's in place and current...

Dan Ortiz ABR CRS CREOS (Hablo Espanol)
Licensed Broker/Owner
Manor Gate Real Estate of NY Inc

"If you think hiring a professional is expensive, wait till you hire an amateur" Red Adair