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09-13-2017, 08:36 AM #8Karen37aGuest
Inbound sales departments get paid very low commission because the cost of acquisition of clients and overall payroll costs . Either they are paid hourly and 1point-2 or a draw vs commission ...draw and commission.
There are 2 different types of brokers...hunters vs inbound. Like mortgage brokers who work inside a bank and wait for the banks walk in traffic ( salary) and an outside loan originator who finds their own clients.( big commission)
Inbound leads = hourly/salary and low low commission if any commission at all ( depends on salary or hourly wage)
Outbound =
Salary and commission ...commission =1% 10%
Salary or commission commission =2-3points or 20%-30%
Draw vs Commission... commission = 2-3 pts or 20%/30 %
Draw and commission 300-500 and 1-2 10%/20%
Commission only starts from
50%-70% depending on how self sufficient you are ( buying leads etc ) and skill level **** and participation ****
Some brokers could have an Iso on their own but they are under the "super iso" umbrella
They may get 70%-75 ( leads) and over ride all the brokers below them they supervise...get the spread
You also split psf fees max 5%
Top brokers in a "Super Iso" could make 7 points on a 10 point deal plus 2.5 psf ...9.5 points ( these are brokers who could have their own iso and do not need to have their hand held thru everything...)
The standard in most shops is 50%Last edited by Karen37a; 09-14-2017 at 10:46 AM.
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