Has anyone considered going to a 100% office for a monthly desk fee to cut down on their overhead?

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December 04 2009 - Everett
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In our office, we have "at large" desks that realtors can use when they're in the office. But they will have to take their things off the desk when they leave. They do have a filing cabinet where they can leave their files and other personal effects.

Other agents who prefer to keep their desks do pay a small fee --- I say "small" compared to what other agents pay in other firms associated with large franchise companies.

Our commissions are on a sliding scale, depending on production. So the more we make, the less the brokerage split becomes.

Our support team an services are tremendous --- website support, dedicated phone line, unlimited black & white printing, scanning, dedicated efax per person, Docusign, REALTOR.com showcase listing, tech support, etc.

Reducing overhead may actually cost you more in the long run. It's like going out for dinner and being charged a la carte for everything versus getting a package deal.
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December 21 2009
Sounds like those agents made a bad choice. There are several 100% offices out there where there is NO having to sacrifice support or extras. There is no way that a franchise type office can compete with that when those brokerages are taking 40 or 50% of each of your commission checks.
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December 21 2009
I also know of an associate who transferred to a 100% commission brokerage, and like Mary said, they are not saving money, and they miss the support that a standard brokerage has to offer. We may think the grass is greener on the other side, but if that statement were true, wouldn't all brokerages be 100%?
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December 18 2009
I have an associate who did and he is finding that the costs he is incurring are outweighing the benefits of being at "100%". In his case, he has to purchase all of his transaction documents and he has to pay subscription fees for sites and services that were free under his old company.
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December 18 2009
 
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