When becoming a Realtor you must be sponsored by a Broker, what role do they play in your business?


Posted April 22nd, 2009 by admin 2 Comments »
business broker
1redshoe asked:


I am applying for a Real Estate License and I have to acquire a sponsoring Broker. My question is how are they compensated and/or do they get a percentage of your commissions? Exactly what role do they play in regards to a Real Estate Agent’s business when they are your Broker. All information regarding the Agent/Broker relationship would be greatly appreciated. Thanks…..
I live in Minnesota.