Estate Agents Tips: Real estate agent salary & How a commission split works 💰

Estate Agents Tip: Real estate agent salary & How a commission split works 💰



Your split with your broker determines how much money you bring home at the end of the day. When you do a transaction, depending on what your split is you can know how much money you will make. Common splits are 64/40, 70/30, 80/20 and so on. You’ll see these and hear these a lot when you interview at brokerages.

In this video, I talk about splits, how to understand them, and I share what you can do to make sure you get a good split.

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19 thoughts on “Estate Agents Tips: Real estate agent salary & How a commission split works 💰

  1. My husband will be graduating with his mechanical engineering degree within the next year and I have been thinking about what I would do for a living if I decided to go with a career that doesn't require a bachelors degree as well as what career I would like to pursue, putting all fear aside! I love real estate and know that I would do well if I could just get over the rejection that comes with it! I have been looking at different you tube videos just to get a feel for what I would be looking forward to if I pursue my real estate love. Just want to thank you for being real and down to earth in your advice and instruction! It's an intimidating step to take and we appreciate all the advice we can get!

  2. As new agent or agent haven’t closed a deal besides splitting commission; do you think is a good idea to get referral fee when starting out to accomplish enough backup money ?

  3. Chastin, Thank you for another informative video! I am soon to be a newly licensed agent. I am in the DFW area. Could suggest which brokage in the DFW offers the best structure fees/splits, etc..?

  4. This was helpful.  I've met with a couple of potential brokers so far.  The first one said 80/20 and the second one said 50/50. I guess the first one was very generous especially since I'll be a brand new agent.  The second one seems to offer a lot of training and one on one, but that's still a 30 percent difference.  I'd rather watch you tube videos/read books/practice as my one on one and keep the extra 30%.

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