What’s the average amount of commission you or other colleagues get in a month? I just wanted realistic numbers because people on the internet lie so much.
The high street agency themselves charge from 1%-2% fee to the seller, then the agent themselves usually receive circa 10% of that . Example: £1,000,000 listing = £10,000 - £20,000 fee to the agency = £1,000 - £2000 commission to the agent themselves If you work in a brokerage and are self - employed then usialky the commission slpit is usually 50/50 between broker and agent, but some brokerages offer agents 70% commission split. So using the same example - £1,000,000 listing = £10,000 - £20,000 brokerage fee = £5,000 - £10,000 agent commission. Hope this makes sense and is helpful
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Really interesting!
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What’s the average amount of commission you or other colleagues get in a month?
I just wanted realistic numbers because people on the internet lie so much.
The high street agency themselves charge from 1%-2% fee to the seller, then the agent themselves usually receive circa 10% of that .
Example: £1,000,000 listing = £10,000 - £20,000 fee to the agency = £1,000 - £2000 commission to the agent themselves
If you work in a brokerage and are self - employed then usialky the commission slpit is usually 50/50 between broker and agent, but some brokerages offer agents 70% commission split. So using the same example - £1,000,000 listing = £10,000 - £20,000 brokerage fee = £5,000 - £10,000 agent commission.
Hope this makes sense and is helpful
Hello!
Yes that’s about right. Each agency is different but then the agent (myself) gets a certain % of that 1%. It varies with each property
Golden retriever puppy now??
I promise I will film a video soon! He’s is loveliest dog now
On indeed an estate agent earn 26.000 per year. Are you guys make money or its just wasting time?
Were you in estate agency before this job
Sorry commenting before you got to this point
That’s okay 😁
Try Quant Finance, it will make your job look like a joke.
Are you a quant trader?