Compare net income after every fee, not the headline split, then test the support: who answers when a file is hard, what lender status your files carry, and what is included.
Start with the number that matters, which is what you keep after every line, not the split on the recruiting slide. Put desk fees, transaction fees, technology fees, royalties, processing and compliance on one sheet and compare net income at your volume. Two offers with very different splits often net within a few percent of each other once the fees are in.
Then test what the split buys. Ask who takes your call at 9pm on a file you cannot place, what status your submissions carry with the lenders that matter to you, whether processing and compliance are carried at head office, and whether the technology is included, at a member rate, or full price. Ask for specifics and recent examples; vague answers are the answer.
Finally look at the path. What does a broker who joined three years ago do differently now, and who helped them get there. A brokerage that sold the split and went quiet is the one brokers leave.
We publish how to compare us with everyone else because the comparison holds up. Every fee is in writing before you sign. Lender status is top tier from your first submission. Processing, compliance and payroll are carried at head office. The portal is included; BrokerDam is a paid CRM at a member rate, never a bundle. Compensation is top tier and competitive, set against your volume, and worked through on a discovery call with your last twelve months in front of us. We provide the infrastructure. You build the book.
The full guide, with the detail and the numbers.
How to compare mortgage brokeragesSix things that decide whether a new mortgage agent funds files in year one: training, a mentor, lender status, underwriting support and a 90 day plan.
Ten brand names, three parent companies. Who owns what in Canada's mortgage brokerage networks and how that changes the way you read a recruiting pitch.
A recruiting conversation tells you what a brokerage wants to say. Fifteen questions on splits, fees, status, support and exit terms tell you the rest.
Bring your questions to a discovery call and a broker owner will answer them directly.