[quote=sdrealtor] . . . Fancy office space is for drawing in young agents who will get lousy splits. It’s the bread and butter of the big brokerages.
As for palatial office space I worked in what is the nicest real estate office along the coast and know without question you get a much lower split for the privilege of working there. Frankly that is why I left that environment. . . [/quote]
I don’t agree. It depends on WHO you are. If YOU, as a salesperson or broker-associate are a TOP producer and want to move to the large Pru’s, CB’s and C-21’s, you can certainly work out a 100% deal with the broker/owner without too much haggle. They would be GLAD to have you take up (free) space, use your NAME for their advertising, and watch you slough off all your open houses and “marginal buyers/sellers” you don’t really have time for to all the “newbie” agents there. In addition, the broker will feel their brokerage will have the opportunity to “double-end” more transactions if they bring in a top producer who constantly brings in new listings. It’s a win-win situation for the broker AND the top producer!