Posts by tag: broker

Real estate brokers often wonder how common it is to get a draw as part of their compensation package. A draw is an advance against commissions, and it can be a great way to ensure a steady income while working in the real estate business. However, the practice of offering draws is becoming less common due to the increasing regulations and expenses associated with the industry. In addition, some brokers may be reluctant to offer a draw because of the risk that the broker could fail to earn enough commissions to repay the draw. Ultimately, the decision to offer a draw is up to the broker, and it is becoming less common due to the associated risks and expenses.