Fee Split for Certified General?

[masmia]

Before I get started I already searched this and found no posts with this specific question.

I recently obtained my General license. What type of split should I be expceting from my mentor on the commercial jobs I still do for him? Thanks.

 

[Scott Lanz]

I would think you could expect to get exactly what you are worth with raises becoming effective when you do.

If you are looking for a number from the market, or from the posters, the answers will be all over the board based on experience, benefits, etc.

Congratulations and good luck.

 

[josephdifranco]

I my area, some split around 40 to 50 percent depending on experience, usually you need an MAI to get the higher end.

In the past, many have posted that its not just the split, but the split in light of the total fee collected. Some appraisers are able to get higher fees than others.

 

[Peyton8]

The 40 - 50 range is what I have always heard, however, there are so many other things to consider. Are you an employee? Who pays for MLS fees, licenses, equipment, education, etc.? There are just so many variables to consider.

In our firm, we are actually employees with benefits. Our employer pays for our E & O coverage, our MLS fees, our computers, our cameras, etc. We pay only for our education and licenses. All of our Certified General appraisers received in the 40-50% range - the exact number is based on overall experience and skill level.

Hope this helps.