Quote:
Originally Posted by MikeV
That is an MLS commission. The Villages agents work for the developer. I doubt they would pay anywhere near 6/7%. Since they have a captive audience for new homes 1% is not bad at all.
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50/50 split between selling agent and there broker is usually for newbee agents. after working for the same broker, the more you sell, the more you make. We had people in our office with a 80/20 split.
The rule was, the more you sell, the bigger your cut.
If that applies to TV salespeople, I don't know. But I have heard that a seller signed a contract with TV for 6%, and so the salesman end would be 1%.....developer 5%. seems kinda one sided.
My opinion anyway.