what percentage of a sale does a real estate agent get when they sell a property?

Answer 1

It depends on your deal with your broker, and if you are JUST the listing agent or JUST the selling agent, or both.

Here is an example. $200,000 house. 6% commission. $12,000 commission earned.

Half ($6,000) goes to the listing BROKER, not the agent. Half ($6,000) goes to the selling BROKER, not the agent.

Then, each broker shares with their agent the agreed upon percentage.

Typically, an agent can expect to get at least 50% of the BROKER's share.

So, the listing agent will get $3,000. The selling agent will get $3,000. If you were extraordinarily lucky and were both the listing and selling agent, you would get $6,000.

But, the BROKER gets paid first.

And, from the agent's commission, you need to subtract your costs, and pay income tax to Uncle Sam.

There are some BROKERS that will share more of the commission with you, if you pay desk fees. Here in Venice, Florida, desk fees can be over $1000 a month (more than $12,000 a year). In return, you can keep more of the commission (75-95%), because your BROKER gets paid the desk fees whether you make sales or not.

I hope that helps.

Answer 2

Usually the seller's agent gets 3% and the buyer's agent gets 3%. The seller of the home pays the commission to both agents. If the seller's agent finds their own buyer and there is no buyer's agent involved the seller's agent can make the whole 6%. This is called dual agency and is the best possible scenario for an agent. These commissions are negotiable but the standard is 3% on each side to be paid by the seller...

Answer 3

I work at a commercial real estate office in Las Vegas. Our agents get between 3 and 5%. On a 10 million dollar property that's a nice commission!

Answer 4

in Australia, the norm is 2 - 3% plus marketing and auction costs (usually the actual agent gets anywhere from 30 - 60% of that). In America 6% is common and includes marketing the property. For high value properties, it's usually a negotiation.

Answer 5

Indiana USA in general the sales agent will ask for 6-9% of the sale. These are known as points and are negotiable.

Answer 6

Your question is nonsensical. There is no work to show. You don't state how much the property costs. Surely you can calculate 9% x the property sale price and arrive at the commission, yourself. So, perhaps you should rephrase your question to reflect what it is you really want to know.

Answer 7

it depends upon the value of the land and the agent .for more information visit http://realestatepropertynews.com percentag-sale-real estate.html

Answer 8

Whatever was negotiatied at the time the listing was taken. Could be $250. Could be 15%.

Answer 9

depends on the agency. my friend gets 12%. also depends on the value of the contract

Answer 10

2.5 -5 anything over that and they don't get the job!