If a broker's salesperson agent finds a buyer and a sale is completed, how much does the broker split with the sales agent? Approximately? Also, if a broker works for Century 21, what exactly does it cost him? Does he owe money on a monthly basis to them or does he pay them a part of his commission? Can a broker also have his own independent company and not work for Century 21? Wouldn't that be better? What are the pros and cons to that? I am quite confused and a novice to anything regarding real estate.
Hi, thank you for taking the time to answer. It's appreciated a lot. I may have other questions in future so please answer them if you have time.