How much do real estate agents make on a sale?
Depends on broker
Now days several people want to become real estate agents because of the independence and expected income they can make. Real estate agents can make a lot of money, but the average income for a real estate agent is only $39,000 a year. There are many reasons the average income of real estate agents is low, one of the biggest reasons actuality many agents only work part-time. The average income for a full-time real estate…
There is a small cadre of real estate agents, primarily in commercial leasing and luxury condo/coop market, who make a lot of money, and some even make over $500,000 a year. However, the overwhelming majority of real estate agents make less than the average office worker. In fact, some real estate agents in Manhattan make less than $20,000, less than the guy working in the mail room in a corporation. The average is also skewed…
Many real estate agents are not trained to sell commercial properties. Based on their experience in the industry they will start their own real estate business. Some real estate agents inherit the real estate business from thier parents and continue to do the business with the help of thier pareants and without getting professional training. Only few real estate agents get professional training from the schools.
Real Estate Agents make 3% of the sale of a house. That is 3% for the buying real estate agent and 3% for the selling real estate agent. So this can range widely by house prices. Most real estate agents incomes vary from part time work at $20,000/year to full time commercial real estate agent at $100,000+/year. It all depends on how many houses you sell and how hard you work at it.
I have a commercial property listing, should I advertise to all local real estate agents or just commercial real estate agents?
Some real estate agents are paid through commission. While some have a fixed salary that they get whenever they sell or not, with commission as well whenever they are able to close a deal. The subject of salary for real estate agents actually depend on the system that they are into. Are they independent agents? Are they working under a brokerage? A real estate company? Etc.
Numerous real estate agents in the same area may charge different rates. The best advice is to check with each of these real estate agents in your area and ask them what their rates are. Several may be the same, but may offer different services too. This would be something to also check on with the real estate agents.
Real estate agents earning is depend on the properties they are selling and on which location the property is.According to Salary.com, most real estate agents earn on average between $34,000 and $45,000 annually. There are various estate agents, providing information about numerous properties in every part of London. The proliferation of <a href="http://www.plazaestates.co.uk/">real estate London</a> agents, cannot be always productive i.e. you have to take risk to choose which estate agents is helpful for you…