3 ms·
I rent a SFH on the peninsula, and I get those same postcards almost weekly. I think what's most amazing to me is how much realtors are making right now. I'm n
by bkjelden 11y ago
I rent a SFH on the peninsula, and I get those same postcards almost weekly.
I think what's most amazing to me is how much realtors are making right now. I'm not sure if it's still standard for the buyer's agent & seller's agent to each take a 3% cut like elsewhere in the country, but I've gotten multiple postcards where a realtor has moved $10MM-$15MM of inventory, in the last quarter, in my neighborhood alone. A 3% cut of that ain't a bad gig...
- nradov 11y agoOnly a very few star real estate agents make anywhere near that much. Most close few if any transactions per year. Out of the typical 3% commission per side of the transaction, the agent will only net about half. The rest goes to the broker and expenses.