Real Estate Agent Salary
Do real estate agents make good money?
How do real estate agents get paid?
Most people have no idea, so if you already know, your ahead of most people reading this article. Real estate agent salaries are not really a salary at all. They are paid a commission from the broker they work for. Now there may be an agent or two that get a salary, but normally this career is all commission based as opposed to how real estate appraisers are paid. This means that unlike a traditional career, the money you take home is going to be a direct reflection of your performance. The better you do, the more you earn. For residential real estate, a commission is usually 6% that is split between the buyers agent and the sellers agent. So, a home that sells for $400,000 will net $24,000 for both brokerages and the agents involved in the title transaction. This percentage can vary widely depending on the sales price of the house, the agent involved, and ultimately the customer. I’ve seen real estate commissions for as low a 1% on multi-million dollar deals. These types of commissions are normally reserved for real estate deals approaching eight and nine figure commercial properties.
How long does it take to become a real estate agent?
Average Real Estate Agent Earnings. How much do real estate agents make?
Factors That Influence Real Estate Agent Salary
The Time You Put In
What Real Estate Brokerage Pays The Most?
Quality of Life For A Real Estate Agent
Chance At Boosting Your Real Estate Agent Salary From The Start
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