What a sponsoring broker actually does
That last point catches new agents out. When a client signs, they are contracting with the firm. You are the person doing the work, but the duties and the liability run through the broker, which is exactly why brokers care how you work.
What to ask before you sign
- What training do you actually provide in the first ninety days? Ask for specifics. Everyone says they train.
- What are the total monthly costs? Desk fees, technology fees, MLS and association dues. Add them up before comparing splits.
- Where do leads come from? If the answer is your own network, that is fine, but it should be said out loud rather than discovered in month three.
- Who do I call at ten at night with a contract question? The answer tells you what supervision really looks like here.
- How many agents does the managing broker supervise? Attention is finite.
Why split is the wrong headline
A 70/30 split with real training and a mentor will usually out-earn a 90/10 split where nobody answers the phone, because the first one produces closings and the second produces a licence gathering dust. Compare on what gets you to your first three transactions.
If you are not ready to choose
You do not have to. An inactive licence is a legitimate holding position while you decide, and activating later is straightforward. Active versus inactive status covers what each permits, and remember the 25-hour post-license course still applies in your first year.