How much does a REALTOR make off of a $300,000 house?
Selling an 800,000 US dollar residential property yields significantly higher commission revenue due to the elevated asset price point. Assuming a standard total commission rate of 5 percent, the overall transaction yields 40,000 US dollars in gross commission funds, which is divided between the buyer's and seller's brokerages to equal 20,000 dollars per side. Depending on the individual realtor's contractual commission split with their brokerage firm (such as an 80/20 split for high-producing agents), the realtor successfully representing a party on an 800,000 dollar home can earn between 14,000 and 18,000 US dollars in direct personal commission income from a single sale.
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