What is the average commission a real estate AGENT makes on a home sale.

Kathy116 Posted: May 24, 2004 09:05 PM

What is the average commission a real estate AGENT makes on a home sale.

Out of curiosity

I know real estate agencies charge like 6 or 7 % commission (average), but does anyone know what's the average commission the real estate salesperson makes?

lilmrs Posted: May 24, 2004 09:46 PM

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Jo Ann Posted: May 24, 2004 10:39 PM

Re: What is the average commission a real estate AGENT makes on a home sale.

From what I understand each real estate agent gets a % and then the office that they work for gets a percent. Not sure of the exact break down but a 6% commission might be broken down to 2 real Esate agents and 2 agencys.

Jenn524 Posted: May 25, 2004 07:05 AM

Re: What is the average commission a real estate AGENT makes on a home sale.

It use to be 6% with it getting split at 3% for each office. Now it seems like it's 4% with 2% going to each office. From that 2% the agent themselves will get 1% and their office gets 1%. That's the general rule of thumb.