how are real estate agents paid?

[deliveryexpert1982]

Do real estate agents get paid a base salary on top of commission of is it just commission only?

[Sufi]

from my experience it is commission only because real estate agencies have no other income. how could they have other money?

[pixie_vixen117]

Generally speaking, agents get paid on commission. The person saying 6% is only partially right when it comes to commission. Sure, the agreement for selling your home may be 6$ but generally that is split between a buyers and sellers agent, so let's say the agent gets 3% of that. Then, they have to pay a set percentage or amount to the broker that holds their license and sometimes even their company in general. So rarely does a real estate agent get the full 6% even if they act as both buyers and sellers agent, because they still have to pay the broker.

In some cases, they can be paid in a different fashion. Everything from salaried to part salary/part commission. However, it seems as if this is less common.

[William]

Depends upon the agency. There is every method that you can imagine from a straight salary to pure commission based sales people.

[Colonia]

They get about 6% of your house, so about a closet or a bathroom. Hope you don't mind roommates.