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Old 07-26-2007, 01:54 AM
deliveryexpert1982 deliveryexpert1982 is offline
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Default how are real estate agents paid?

Do real estate agents get paid a base salary on top of commission of is it just commission only?
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Old 07-26-2007, 01:54 AM
pixie_vixen117 pixie_vixen117 is offline
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Generally speaking, agents get paid on commission. The person saying 6% is only partially right when it comes to commission. Sure, the agreement for selling your home may be 6$ but generally that is split between a buyers and sellers agent, so let's say the agent gets 3% of that. Then, they have to pay a set percentage or amount to the broker that holds their license and sometimes even their company in general. So rarely does a real estate agent get the full 6% even if they act as both buyers and sellers agent, because they still have to pay the broker.

In some cases, they can be paid in a different fashion. Everything from salaried to part salary/part commission. However, it seems as if this is less common.
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Old 07-26-2007, 01:54 AM
Sufi Sufi is offline
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from my experience it is commission only because real estate agencies have no other income. how could they have other money?
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Old 07-26-2007, 01:55 AM
godged godged is offline
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Commission only. The commission you receive is negotiated between you and your principal broker. Then you have to split this between you and your office.
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