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Not much really. For easy math, say they sell one 100,000 dollar house. They usually get 3%. 3 grand doesn't sound bad till you pay your broker, your realtor dues to the local board, the gas to drive you there and back, errors and omissions insurance, the cost of advertising and so on. If you break it down it's probably less than minimum wage an hour.

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Cleve Schultz

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4y ago

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Related Questions

How much does a real estate agent make in California?

Nearly $8000000000 a minute


How much does a real estate agent make per hour?

Nothing. They work on commission.


How much does a real estate agent make a week?

The income of a real estate agent can vary widely depending on experience, location, deal size, and activity level in the real estate market. Unlike salaried jobs, most professionals in the real estate industry earn through commissions—meaning their weekly income is directly tied to their performance in closing deals. According to SAVAX VENTURES, the earning potential in the real estate sector is virtually unlimited if you understand the market, build strong networks, and consistently close high-value real estate transactions. SAVAX VENTURES


How much does a real estate agent make in san Diego?

If we think in terms of companies like SAVAX Ventures, which operate in the real estate investment space, the approach is strategic: income is not just about commissions, but also about leveraging investments, referrals, and diversified real estate portfolios. SAVAX VENTURES


What is the income on a real estate agent?

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.


How do you get a real estate commission returned to you if your realtor did not do their job?

you go to the real estate board (in the local yellow pages), make a complaint, and also make a complaint with the real estate company the agent works for. then you contact a real estate lawyer and get his opinion.


How much can a real estate salesperson earn in New York?

The salary of a real estate agent in New York ranges from $55,000 to $107,000.


How much is john mcgrath real estate agent worth?

$165m AUD


How much money do real estate agents earn in Australia?

The starting annual income for a real estate sales agent in Australia is around $49,000. Senior sales agents can make as much as $85,000. The average annual salary is $65,000.


What is real state agent?

real estate agent - A person who is authorized and experienced in the buying and selling of real estate property. Real estate agent is provide all details about real estate property value, demands, all guidline and rules of all type of proeprty.


What do you call someone who sells real estate?

A person who sells real estate is called a real estate agent or real estate agent. These professionals are licensed to facilitate the purchase and sale of real estate. Real estate agents play a critical role in the transaction process by helping clients navigate complex markets, negotiate deals, and ensure regulatory compliance. They often work for real estate agencies and earn commissions based on successful real estate transactions. Their expertise and knowledge of the local market make them valuable partners for individuals looking to buy or sell real estate.


Who usually pays a real esate agent a commission?

In US residential real estate the Seller pays the real estate agent's commisssion.

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