Fort Lowell Realty & Property Management Phoenix

Tucson: (520) 322-0000

Tucson: (520) 322-0000

You learn how a commission works and how much of it you actually get!

Hello everyone I am Bob. In this real estate video we will go over how a commission check works. How does a real estate agent even get paid?


Real estate is not some 9 to 5 job. You have to go out there and make it happen. So how does it work? The first thing you need to know about real estate is that it’s all negotiable! You can get paid $10,000 over here and nothing over here!


So it’s all about how you negotiate. How you normally get paid in real estate is a function of the sales price. SO if it is a $100,000 home in Phoenix you can expect a 6% commission that is based on the sales price of the home.


So you might think that is pretty good but wait. THere is usually also a buyer’s agent. And in residential real estate the buying agent is being paid by the seller as well. And the commission split is somewhere down the middle.


From there your brokereage takes a percent of what you take in. This depends on your brokereage and your split stricture. Usually I see agents get 75% of their commissions, but again this varies greatly.


Well that’s it, please like my video and share and comment!