How much do top 1% Realtors make?
Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.
What is the highest commission for a real estate agent?
Typically, real estate commission is 5%–6% of the home's sale price. In most areas, the buyer's agent receives 2.5%–3% in commission and the seller's agent receives 2.5%-3% in commission. This can vary by agent and location.
What is a 5% commission?
| FAQs. A 5% real estate commission is when you pay a total of 5% in realtor fees on the sale of your home. In general, this means paying 2–2.5% to your listing agent, and the other 2–2.5% to the buyer's agent — bringing your total commission rate to around 5%.
How do you calculate agent commission?
Calculate the commission by multiplying the gross sales price of the property by the commission percentage that was agreed upon. For example, our ranch that sold for $200,000 with a 5% commission rate would result in a $10,000 agent commission.
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