Why Do Real Estate Agents Get Paid So Much Money to Sell My House?
dIGGSY
WHY DO REAL ESTATE AGENTS
GET SO MUCH MONEY
TO SELL MY HOUSE?
Real Estate Professionals get paid on a commission split when a property sells but you might be surprised to learn just how much they make from the sale of a property.
GROSS COMMISSION
NATIONAL AVERAGE HOME PRICE
$240,000x2.5%
AVERAGE AGENT COMMISSION
(RANGE FROM 2.5% TO 4%)
GROSS AGENT COMMISSION
(PAID TO THE BROKERAGE)
$6,000
A LITTLE OFF THE TOP
-$3,000
50/50 BROKERAGE SPLIT
THE BROKER TAKES A SPLIT TO COVER BROKERAGE EXPENSES SUCH AS OFFICE SPACE,SUPPLIES,LEGAL FEES,DUES AND MORE.
-$450
TAXES
MARKETING/EXPENSES
Think of your home like a product.With any product,you need marketing to sell it.Some products require different marketing than others.This stays true for your home as well.Some homes may require a significant amount of marketing and resources while others may require very little.Make sure you discuss marketing options with your real estate agent.
-$150
INTERNET MARKETING
-$350
OPEN HOUSE
-$80
GAS
-$800
DIRECT MAIL CAMPAIGN
-$100
FLYERS
=$1,070
NET AGENT COMMISSION
$29/hr
EXPENSES
$4,930
NET
$1,070
TIME SPENT
Open Houses 16 hours
Contracts/Closing 6 hours
Showings 8 hours
Research 3 hours
Staging 5 hours
TOTAL: 38 HOURS
Selling your home is one of the biggest transactions you will ever be involved in.Trust a professional,knowledgable real estate agent to handle it.You might think the commission is a lot to pay but for such an important transaction,it is well worth it.
*Information represented in this graphic is based on typical results collected from various sources of real estate information.Your real estate professional might have different fees and options for selling a home. DIGGSŲ WHY DO REAL ESTATE AGENTS GET SO MUCH MONEY TO SELL MY HOUSE? Real Estate Professionals get paid on a commission split when a property sells but you might be surprised to learn just how much they make from the sale of a property. JI GROSS COMMISSION NATIONAL AVERAGE HOME PRICE $240,000x2.5% AVERAGE AGENT COMMISSION ( RANGES FROM 2.5% TO 4% ) $6,000 GROSS AGENT COMMISSION ( PAID TO THE BROKERAGE ) A LITTLE OFF THE TOP $3,000 $450 50/50 BROKERAGE SPLIT TAXES THE BROKER TAKES A SPLIT TO COVER BROKERAGE EXPENSES SUCH AS OFFICE SPACE, SUPPLIES, LEGAL FEES, DUES AND MORE. 88 88 MARKETING/EXPENSES Think of your home like a product. With any product, you need marketing to sell it. Some products require different marketing than others. This stays true for your home as well. Some homes may require a significant amount of marketing and resources while others may require very little. Make sure you discuss marketing options with your real estate agent. -$150 $350 -$80 INTERNET MARKETING OPEN HOUSE GAS -$800 $100 DIRECT MAIL CAMPAIGN FLYERS $1,070 %3D NET AGENT COMMISSION EXPENSES $4,930 $29/hr NET $1,070 TIME SPENT Open Houses Contracts/Closing Showings 16 hours 6 hours 8 hours Research 3 hours Staging 5 hours TOTAL: 38 HOURS Selling your home is one of the biggest transactions you will ever be involved in. Trust a professional, knowledgable real estate agent to handle it. You might think the commission is a lot to pay but for such an important transaction, it is well worth it. *Information represented in this graphic is based on typical results collected from various sources of real estate information. Your real estate professional might have different fees and options for selling a home. DIGGSY Search for a home and find a real estate professional at http://www.diggsy.com 2012 Diggsy.com DESIGN BY COBBS FRIEDMAN - COBBSFRIEDMAN.COM Coblea
Why Do Real Estate Agents Get Paid So Much Money to Sell My House?
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