Ever Wonder How Much a Real Estate Agent & Their Broker makes on a $300,000 Home?
A typical 5% commission equals $15,000. That amount is usually split between the buyer’s and seller’s brokerages… $7,500 each.
From there, the agent often splits their share with their broker (commonly 50/50 or 60/40). After brokerage fees, marketing costs, mileage, insurance, licensing, and taxes… the agent may take home around $2,000–$4,000+ for the transaction.
So while it may look like a big pot of honey 🍯, there’s a lot of buzzing behind the scenes to get a deal from contract to closing.
Real Estate Agents & Brokers Work Hard to Protect Your Hive & Your Investment Every Step of the Way.
🐝 Buzz the Bee
Bonnie Sue Bevans
860-927-1819