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Yes, you do have to pay an agent, but not in the way you are thinking. They cost about 15% of your earnings, meaning if they are asking for money before you sell, don't hire!!!!
Consider this, too:
Their job is to get YOU jobs, so "the ball starts in their court," as it were. You owe an agent nothing until they get you work, so a good one will work very hard on your behalf. Then, as stated above, they get a percentage. The more jobs they get you (and the higher the jobs pay), the more they make.
Once upon a time, 10% was the standard cut for an agent, so unless you're desperate for their services, start there.
Your agreement could also include an "incentive clause." Negotiate with them for 10-12% until your annual income exceeds an agreed-upon amount (say, for example, 100,000 a year), at which time their cut would bump up to 15%. If you do work in incentives, include a "reverse incentive," meaning that if your income drops back BELOW the agreed-upon amount, their percentage drops back down, too.
What else can I help you with?
How much is the starting pay for a secret service agent?
$37/per hour
How much do child acting agents cost?
You shouldn't have to pay for an agent to get signed. If an agent wants your child, Then they'll sign them. And then when you get work, the agent will get 10% from your child's earnings.
How much should you pay a real estate agent when buying a house?
Standard commission in the US is 3% to selling agent, 3% to listing agent. The seller pays the commission.
What should you do if you want to act but cannot afford an agent?
You don't pay an agent anything. He takes a percentage of what you earn. I REPEAT DO NOT PAY AN AGENT!!!!
Approximately how much will motorcycle insurance cost for a teenager with a new speedbike?
You can call an insurance agent and they can tell you. You don't have to pay for a quote on how much it is
Does FSBO pay the buyer's agent?
In a FSBO (For Sale By Owner) transaction, the seller typically does not pay the buyer's agent. The buyer's agent's commission is usually negotiated separately between the buyer and their agent.
How much should you pay a real estate agent?
You shouldn't pay more than 4% of the sales price, depending on the type of services the agent is performing. Listing in the MLS, showing the property, and handling all the paperwork are standard services. If the agent is particularly good, or well known in the area, and closes lots of sales, you may need to pay another point.
How much money will a Florida teenager have to pay for a motorcylce around 9000 and insurance for it monthly?
Call a local agent and ask
Does the seller pay the buyer's agent when selling a home by owner?
In most cases, the seller does not pay the buyer's agent when selling a home by owner. The buyer's agent typically receives their commission from the seller's agent or directly from the buyer.
How much do you pay an acting agent?
A acting agent should never be paid for signing. They however should receive 10 to 15 percent of the amount the actor or actress receives for any role they got them.
Which makes more money an NCIS agent or a veterinarian?
The average pay for a vet is $75,000. the beginning pay for a special agent is 34,000, but that's only the beginning pay, when you are a probie
If I'm purchasing a house for 25000 how much do i pay my realtor?
Typically the commission is paid by the seller, which the buyer's agent & seller's agent split in half. If you are paying the agent a commission, he or she is getting paid twice. If I were you, I would look for another agent that will accept the commission that is being paid by the seller.
