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[quote=Anonymous][quote=Anonymous]At a minimum, I'd like to get a realtors license if I could use it to buy/sell my own property(ies) over my lifetime. Ideally, I'd like to become a realtor for the opportunity to earn unlimited income vs. my capped sales job with a financial company. What part of the 6% commission does the buyers and/or sellers' agent receive, what goes to the realty firm, and how do you become your own realty firm? How many years was it before you were making 6 figures and what are the pitfalls people don't anticipate?[/quote] Generally: 1.5% goes to the selling agent, 1.5% goes to the seller agent's firm, 1.5% goes to the buyers agent, 1.5% goes to the buyer's agent's firm. [/quote]
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