How a Real Estate Agent Commission Works

How do real estate agents get paid? How much is a real estate agent salary? How much do real estate agents make a year? How does a real estate agent commission work? Robert Rico shares his insights on how real estate agents earn money.
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Become a real estate agent by getting your license. To get started, click the link below – start in less than 5-minutes!

Website: https://www.carealtytraining.com
Talk to a student advisor: 888-317-8740
Email: info@carealtytraining.com
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The real estate agent commission is a percentage cut of the final property sale. Agents earn a small portion of the money from a real estate transaction for their services, which is paid out when escrow closes.

That being said, their commission is determined by several factors—not just the final home sale price.

In this video, Robert Rico discusses how the real estate agent commission works, the factors that determine an agent's salary, and where the money goes.

When Robert Rico and his wife, Carolee Rico, first partnered in their careers, they were earning about $15,000 a year.

Over time, they grew their combined real estate agent salary by setting higher goals than the year prior. By doing so, they created a step ladder of accomplishments that helped them develop a successful career.

The best thing about a real estate agent commission is that there is no limit to how much an agent can make. Your salary is determined by the number of houses you sell as an agent. The typical salary for first-year agents is between $45,000 to $90,000.

That wide range exists because the amount of money a real estate agent earns is up to them. They choose how much time and energy they put into finding clients and closing transactions.

Some people want to earn a real estate agent commission as extra income. Since you can choose how much you work as an agent, this career becomes an ideal side job for people seeking extra income.

For those who enjoy the hustle, a part-time real estate agent is a great career choice. You can commit to the career as much as you want and work with clients when you feel like it. Then, when you strike a deal, you'll earn a healthy commission for your work.

Chapters:
00:00 - Intro
00:33 - How does a real estate agent salary work?
01:30 - How does a real estate agent get paid?
02:40 - How is a real estate agent commission split?
06:09 - How much do new real estate agents make in their first year?
07:00 - What will determine how much YOU make
08:20 - Final thoughts on real estate commission

#realestatecommission #realestatesalary #realestateagentcommision
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GET MORE DETAILS. HOW THE REAL ESTATE AGENT COMMISSION WORKS:
https://www.carealtytraining.com/real-estate-agent-commission/
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HOW A REAL ESTATE LICENSE CHANGED MY LIFE:
https://www.youtube.com/watch?v=ID87jCHgS8E

BECOME A SIDE HUSTLE AGENT. WORK PART TIME:
https://www.carealtytraining.com/side-income-real-estate-agent/

HOW MUCH DOES REAL ESTATE SCHOOL COST?
https://www.carealtytraining.com/real-estate-school-cost/
____________________________________

Become a real estate agent by getting your license. To get started, click the link below – start in less than 5-minutes!

How to enroll:

Website: https://www.carealtytraining.com
Talk to a student advisor: 888-317-8740
Email: info@carealtytraining.com
____________________________________

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#realestatecommission #realestateagentsalary #realestateagent

Видео How a Real Estate Agent Commission Works канала CA Realty Training