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by Andre McFayden, Ph.D.
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roperty is 6%, the buyer's broker will be paid 3% or $9000 and the seller's broker will also be paid 3% or $9000. The agent is paid by his or her broker, using their agreed-upon commission split. This is often 50-50 for new agents, so in that case the agent in our example would be paid $4500.
So to answer the question, the amount that a real estate agent can earn is only limited by the number of transactions that he or she can close.
Visit Real-Estate-Career-Info.com for requirements for obtaining a real estate license in your state.
This article may be reprinted if proper credit is given and all links left intact.
Copyright©2005 Real-Estate-Career-Info.com
ABOUT THE AUTHOR
Andre McFayden, Ph.D., is a Real Estate Broker and contributor to Real-Estate-Career-Info.com. |
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