Referring new sales repres into brokerage

[argos]

Just out of curiousity, do realtors receive some kind of referrel fee when bringing new sales reps into the brokerage? To brokerages pay them for the referrel or do they get a cut of the commission that the new sales rep makes?

Is this a common practice?

 

[Yossi Kaplan MBA]

Just out of curiousity, do realtors receive some kind of referrel fee when bringing new sales reps into the brokerage? To brokerages pay them for the referrel or do they get a cut of the commission that the new sales rep makes?

Is this a common practice?

no.