{"id":20019,"date":"2019-07-11T12:17:24","date_gmt":"2019-07-11T00:17:24","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20019"},"modified":"2019-07-11T12:17:24","modified_gmt":"2019-07-11T00:17:24","slug":"international-how-do-real-estate-agents-get-paid","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/international-how-do-real-estate-agents-get-paid\/","title":{"rendered":"INTERNATIONAL: How Do Real Estate Agents Get Paid?"},"content":{"rendered":"<p><strong>PHOTO: Real Estate Agents<\/strong><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #26282a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"31\">Real estate agents are paid on commission. The median gross income earned by real estate agents and brokers was $39,800 in 2017, according to the\u00a0National Association of Realtors. The main source of that income is commissions on real estate sales. If you\u2019re\u00a0<a href=\"https:\/\/smartasset.com\/mortgage\/mortgage-calculator\" target=\"_blank\" rel=\"nofollow noopener\">buying a home<\/a>, it\u2019s important to understand how any agents you work with earn their commission. If you want more holistic insight into how commissions could reduce your real estate earnings and what that means for your overall financial picture, consider consulting a\u00a0<a href=\"https:\/\/smartasset.com\/retirement\/find-a-financial-planner?utm_source=smartasset&amp;utm_medium=referral&amp;utm_campaign=sma__falc_relevant&amp;utm_content=howrealestateagentsgetpaid\" target=\"_blank\" rel=\"nofollow noopener\">financial advisor<\/a>.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"33\">Most often commissions are figured as a percentage of the property sale price. A common commission percentage is 6%. So on a $200,000 home, the commission would equal $12,000.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #26282a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"34\">Not all deals pay a 6% commission.\u00a0<a href=\"https:\/\/smartasset.com\/mortgage\/how-to-become-a-real-estate-agent\" target=\"_blank\" rel=\"nofollow noopener\">Real estate professionals<\/a>\u00a0specializing in commercial property transactions may command up to 10%. Discount residential real estate brokerages may ask for significantly lower commissions. Some offer standard commissions as low as 1%.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"35\">Sales commissions are always negotiable, at least in principle. Some agents and brokers may not be willing to negotiate. The amount of the sales commission will be spelled out in the listing agreement. This is an agreement between the seller and the listing agent regarding the marketing and sale of the home.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #26282a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"36\">Sales commissions also\u00a0<a href=\"https:\/\/smartasset.com\/financial-advisor\/best-cities-to-sell-a-house-2019\" target=\"_blank\" rel=\"nofollow noopener\">vary by location<\/a>. Some regions charge lower commissions than others. And sometimes a real estate professional may work for a flat fee.<\/p>\n<p data-reactid=\"36\">READ MORE VIA <a href=\"https:\/\/finance.yahoo.com\/news\/real-estate-agents-paid-212731611.html\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Real Estate Agents Real estate agents are paid on<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/international-how-do-real-estate-agents-get-paid\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":20020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478099987,478106221,478099555,478098513,478098579,478098510,478098514,478098511,478098705,478098533,478098828,478098921,478098509,478098767,478098532],"class_list":["entry","author-data123nz","post-20019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-agents","tag-broker","tag-commission","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-franchise","tag-real-estate-news","tag-real-estate-office","tag-realtor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INTERNATIONAL: How Do Real Estate Agents Get Paid? 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