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[quote=Anonymous]of the 6% commission, it is split between the agents on the list side and sell side, so that is really 3%, then that is split anywhere from 50/50 to 80/20 usually.  starting out you would be closer to 50/50 unless you joined a team.  realistically it takes a long time for most realtors to gain a big enough base so they can consistantly make a decent salary.

if you think about it, if you sell 1 a month (which would be GOOD starting out) at say, $500k (i know most sfh homes are more than that but condos are less than that and if you are starting you take whatver listing you can get) - that is $500k x 12 x 3% (if you are lucky - if you read other real estate topics people try to negotiate that down) x 50% = $90,000.

now, think about it, how are you going to get those 12 sales?  most new people may have 1 or 2 up their sleeve from friends but after that you have to network and work your spere to find those other 10.... which is easier said than done.  you are spending money in marketing and expenses, so i would say 10-15% of what you make goes to that too... so that 90k is more like $75k after expenses....

now, that being said, if you just want to make some extra cash on the side then maybe just 1 or 2 a year would be great.  BUT you are forgetting that who the hell is going to hire you if you only do 1 or 2 a year - do you really know what you are doing ? i wouldnt hire someone like that - i would hire the people with lots of experience, so it is a cycle - need to have experience to get the clients, need clients to get the experience....[/quote]

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