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What is the average commercial real estate commission for sales above 30m?
Wiki User
∙ 11y ago
10%
Wiki User
∙ 11y ago
The average commercial real estate commission for sales above $30 million is typically around 1-3% of the total sales price. However, this can vary depending on the specific terms negotiated between the parties involved and the complexity of the transaction. It's important to consult with a real estate professional for accurate and up-to-date information.
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The salary that a real estate agent earns really depends on many factors. For one, a real estate agent that is working part-time normally makes less than an agent who works full-time. Also, the commission split that an agent has with his or her office will have an impact on the agents pay. For example, an agent working full-time making close to 100% of the commission will make considerably more than an agent working part-time and splitting 50% of the commssion with the employing broker. In other words, there are many factors that affect a real estate agents yearly pay. With that said, an agent can expect to make anywhere between $5,000 or over a six-figure income, all depending on the agents work ethic, attitude, and the above factors. It has been noted that, on average, real estate agents make $10,000 per year and that 20% of all realtors make 80% of all the income.
