Asked by Anonymous
Hi senior property agents. Is sharing 50:50 comission with mentor normal even if it is your own lead?
I passed my exam in december 2024 and joined my mentor through social media.
After door knocking over 3 months, i finally got my first lead but it was a 55year old downgrader.
I was scared to meet the client alone as it was my first time handling this complicated case where i have to becareful of the BRS & RA for cpf refund. So i asked my mentor to tag along so i could learn from this case.
When we met the client, i was the one doing a financial calculation & explaining the overall timeline for sell & buy
When comes to the CPF portion, my mentor helped the client write a letter to CPF for the usage of cpf refund for next flat and explained to the client regarding the BRS and RA.
She then shared about our marketting strategy to sell the unit, and because she is a consistant award winner & record agent, she have her cards to show the client her value that i don't.
After the appointment, my mentor took out the cobroke form and told me to 50:50 because this case complicated & without her, i might not be able to get this deal.
Obviously this my first lead, and i don't want to because of comission, try to fight with her... so i reluctantly agreed.
I subsequently have a condo listing that my frd ask me to sell, and even though its my first condo sale, im scared to ask her. My friend also understand and trusted me to sell his house solo.
Can i ask if sharing 50:50 with mentor even though it is your own lead, normal?
I passed my exam in december 2024 and joined my mentor through social media.
After door knocking over 3 months, i finally got my first lead but it was a 55year old downgrader.
I was scared to meet the client alone as it was my first time handling this complicated case where i have to becareful of the BRS & RA for cpf refund. So i asked my mentor to tag along so i could learn from this case.
When we met the client, i was the one doing a financial calculation & explaining the overall timeline for sell & buy
When comes to the CPF portion, my mentor helped the client write a letter to CPF for the usage of cpf refund for next flat and explained to the client regarding the BRS and RA.
She then shared about our marketting strategy to sell the unit, and because she is a consistant award winner & record agent, she have her cards to show the client her value that i don't.
After the appointment, my mentor took out the cobroke form and told me to 50:50 because this case complicated & without her, i might not be able to get this deal.
Obviously this my first lead, and i don't want to because of comission, try to fight with her... so i reluctantly agreed.
I subsequently have a condo listing that my frd ask me to sell, and even though its my first condo sale, im scared to ask her. My friend also understand and trusted me to sell his house solo.
Can i ask if sharing 50:50 with mentor even though it is your own lead, normal?
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