how do real estate agents make money

Best answer


Most real estate agents make money through commissions.A single commission is usually split multiple ways between the seller’s agent and broker,and the buyer’s agent and broker.The commission split depends on the agreements the agents have with their sponsoring brokers.

People also ask


  • How do real estate agents get paid?

  • Here’s a rundown of how real estate agents get paid攁nd how much they make. Most real estate agents make money through commissions. A single commission is usually split multiple ways between the seller’s agent and broker, and the buyer’s agent and broker. The commission split depends on the agreements the agents have with their sponsoring brokers.

  • How much does a real estate broker make?

  • Nationally, real estate brokers earn an average of $81,450 per year (U.S. Bureau of Labor Statistics), but their compensation structure isn the same as real estate agents. Unlike agents, brokers are often paid a salary.

  • How much Commission do real estate agents make on a sale?

  • If the home sells for $500,000, a 6% commission would be $30,000. In many cases, the commission is evenly split between the buyer agent and the listing agent, but sometimes the split is negotiated unevenly.

  • What happens when a real estate agent works with a buyer?

  • If a real estate agent works with a buyer or a seller for weeks or months without a resulting transaction, they aren paid for their time. Real estate agent commission is earned based on the sales price of the home; they will receive that commission only after the transaction goes to settlement.

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