salary is better if you're new or new to an area with no clientele
Commission is better if you have steady customers or are well established with plenty of walk ins.
If you're under commision and you're new and no one comes to you, you dont get paid.
2006-07-13 13:56:03
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answer #1
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answered by attila 6
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salary, that way you have something even if nobody is in your chair. Commission is harder because it depends on the clientele you get and then have to split that usually 60% salon 40% to you.
2006-07-13 14:00:17
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answer #2
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answered by Simplystunning 4
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it is a hundred% cost. frequently the merchandising agent and the customer's agent split a 5%-6% cost between them, so an agent's broking provider (no longer the agent) gets 2.5% of the actually offered cost. The agent has a written contract with the broking provider as to how plenty the split is. It varies a great deal (60% -ninety% for the agent), based on the agent's adventure, music checklist (offered properties) and length in agency. Then the breakdown is the broking provider you artwork for retains a definite share. frequently for a clean agent, it is approximately 30%-40% broking provider, 60%-70% agent. Then there is what's referred to as a "table cost", it is a mounted month-to-month quantity, regardless in case you're making any sales or no longer. the cost varies from $25 each of how as much as $3 hundred in step with month. Then there's a in step with transaction cost it is approximately $one hundred fifty, in spite of the sale quantity. Then there is E & O (errors and Omissions) insurance, it is likewise in step with transaction of approximately $one hundred twenty five. right this is the precis of a $500,000 abode sale the place the two area gets 2.5%: $12,500 = Gross commissions in the previous split 7,500 = Agent's share at 60% 50 = table cost (covers use of place of work and kit) one hundred fifty = transaction processing cost one hundred twenty five = E&O insurance ----------- $7,one hundred seventy five = cost from broking provider to agent 500 = Agent's very own price on universal transaction 750 = merchandising property (sure, brokers pay out of pocket for it!) --------- $5,925 internet earnings after split & expenditures -20% universal earnings tax fee (could pay your guy or woman earnings taxes) ---------- $4,740 Take abode pay As you will discover, except you sell a minimum of one or 2 properties a month, that's a residing salary, yet you will no longer get wealthy. a typical transaction takes 30 days artwork. those numbers are the typical agent's figures for California. i'm an agent in San Francisco Bay section and started 2.5 years in the past and doing ok. I certainly have offered 15 properties, beginning from $a million.9 million to $525,000, on an identical time as different's are suffering. all of it has to do with adventure and changing concentration to fulfill the industry call for.
2016-10-07 21:45:04
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answer #3
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answered by ? 4
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Truly, it depends on experience. A new stylist fresh from school should look for a salon that will help you grow on salary and negotiate comm. after time with clientelee and education.
Experienced? Your question needs to be based on your clientel and location.
2006-07-13 14:01:54
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answer #4
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answered by suzanne 1
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salary only dont work on commission just incase u dont get enough clients
2006-07-13 19:54:15
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answer #5
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answered by Anonymous
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