Hourly real estate A review of the basics
It is also the broker's job to pay agents the real estate commission and to enter an contract with the seller. Most new real estate agents get as little as 30% of the total real estate commission received by a broker. Advertising fees and office expenses may further reduce that amount. On the other hand, some of the best performing real estate agents of a firm may get 100% of the real estate commission and merely pay fee to the broker. In between, there can be many other different arrangements depending on the real estate agent and the broker.