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Where Does My Real Estate Agent Spend All that Commission?

Where Does the Realtor Commission Go?

The Bureau of Labor and Statistics shows that the median salary for a real estate agent in the USA is $45,610. That’s not too bad, but that is the median. Real estate is a very lopsided profession where 20% of the agents do 80% of the business. For example, the median agent in the Fort Hood area lists and sells less than 5 homes a year. The top listing agent in the Killeen area, meanwhile, sells 153 homes a year.

Read more for a look at how agents get paid from the commission.

Posted in: Real Estate Industry, Selling Tagged: Brokers, commissions, real estate, seller's agent

Estimating the Buyer’s Closing Costs in Fort Hood

Estimating the Buyer's Closing Costs

Down Payment, Closing costs, optional and negotiable services, repairs and more about what to expect and what money you need on hand to buy a Fort Hood home.

Posted in: Buying Tagged: closing costs, commissions, Earnest Money, Home Warranty, Inspection, option fee, title insurance

The Listing Agreement: Para. 3, 4 and 5 – Listing Price, Term and Commissions

Texas Association of Realtors Logo

Note: The Texas Association of Realtors and TREC update promulgated forms regularly. For the most recent updates, check with TAR, TREC, or contact me at brian@starpointerealty.com. Note: I am a real estate professional, not a lawyer. Nothing herein should be construed as legal advice or instructions. Takeaways Unless you have written exceptions, your listing agent […]

Posted in: Contracts Tagged: commissions, fees, listing agreement, price, TAR

Pros and Cons to Using a Realtor to Sell Your Home

For Sale By Owner (FSBO) Sign

Do you need a Realtor to sell your home? That is the question! Tips on when you need a real estate agent to sell your home, and when you don’t.

Posted in: Selling Tagged: commissions, fsbo, PACE, real estate agent, Realtor

The REALTOR® Code of Ethics: Article 6 and 7 – Referral Fees

Realtor Logo

My series on the Realtor Code of Ethics, Articles 6 and 7 about disclosing referral fees, compensation, commissions and other income as an agent.

Posted in: Real Estate Industry Tagged: Code of Ethics, commissions, Disclosure, referral fees

The Purchase Contract (Resale): Para. 8 – Broker’s Fees

Texas Association of Realtors Logo

The Texas Association of Realtors (TAR) 1-4 Family Purchase Contract Paragraph 8: Broker’s Fees, explained and discussed.

Posted in: Contracts Tagged: commissions, fsbo, listing agreement, representation agreement

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Brian E Adams, Realtor

Brian E Adams, Realtor, GRI
StarPointe Realty
1604 South W S Young Drive
Killeen, TX 76543
(512) 763-7912
brian@hoodhomesblog.com
Licensed in the State of Texas

 

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