Real Estate Developer Question:
Brokerage Compensation Packages Job Interview Questions:
Answer:
☛ Does the brokerage enter into employment or independent contractor agreements?
☛ What compensation packages does the brokerage offer to professionals?
☛ What services are included in the brokerage fees or commission splits?
☛ Does the brokerage offer benefit programs?
☛ If yes, what does the brokerage offer?
☛ If yes, who pays the cost?
☛ Are there any fees in additional to the fees packages, compensation packages, or commission splits?
☛ Does the brokerage provide in-house advances on commissions?
☛ If yes what are the terms for in-house advances on commissions?
☛ What are the termination terms for the employment or independent contractor agreements?
☛ What happens with service agreements for clients recruited by the real estate professional?
☛ Does the brokerage have any restrictions regarding employment outside of the brokerage?
☛ What compensation packages does the brokerage offer to professionals?
☛ What services are included in the brokerage fees or commission splits?
☛ Does the brokerage offer benefit programs?
☛ If yes, what does the brokerage offer?
☛ If yes, who pays the cost?
☛ Are there any fees in additional to the fees packages, compensation packages, or commission splits?
☛ Does the brokerage provide in-house advances on commissions?
☛ If yes what are the terms for in-house advances on commissions?
☛ What are the termination terms for the employment or independent contractor agreements?
☛ What happens with service agreements for clients recruited by the real estate professional?
☛ Does the brokerage have any restrictions regarding employment outside of the brokerage?
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