When commissions are calculated several factors are part of the equation:
Sale Price of Property= $200,000.00
Commission % .......................x 7.0%
Gross Commission.......= $14,000.00
Listing Company (Seller) at 4% Commission = $8,000
Selling Company (Buyer) at 3% Commission= $6,000
Note: The sale of real estate property creates two transaction sides (one buyer | one seller).
Listing Company Agent Commission 50% of $8,000 = $4,000*
Listing Company Broker Commission 50% of $8,000 = $4,000
Selling Company Agent Commission 50% of $6,000 = $3,000*
Selling Company Broker Commission 50% of $6,000 = $3,000
* Occasionally agents receive both sides of the real estate commission - $4,000 + $3,000 = $7,000
HUFF Realty starts all new agents with a 50/50 split. Your earnings can be more if you are both the Listing and Selling agent. The commission split goes up in your favor based on a pre-established earnings and education scale.
Training and support services to the agents are paid out of the company's share of the commission split. HUFF Realty has NO franchise fees and NO desk fees. Your monthly out-of-pocket expenses are nominal but your benefits are substantial.
Some companies have other compensation plans, but may not offer some services that agents may find beneficial.
HUFF Realty is proud to offer a TOTAL commission and support package!
How hard you work is in direct proportion to how much you can earn.
Questions? Contact Pam Schreiter, HUFF Realty 513-644-4111