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Home» Questions»Q 96746
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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Crystal
CrystalKnowledge Seeker
Asked: September 11, 20232023-09-11T12:16:57+00:00 2023-09-11T12:16:57+00:00In: Money & Business

How did real estate agent make money?

How did real estates agent make money ?

The real estate agent am talking about are the agents which licensed to help people buy, sell, and rent homes and other properties.

Explain more about their work, and how they make money.

make moneyreal estate business
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4 Answers

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  1. Allison
    Best Answer
    Allison Knowledge Seeker Archiever 💪🏽🔥
    2023-09-11T16:27:20+00:00Added an answer on September 11, 2023 at 4:27 pm

    There are so many ways real estate agents do make their money. Real estate agents can make their money through earning commissions, by helping clients or people who are not familiar with a particular area to lease or rent properties, like stores and houses. For example, you want to rent a property,Read more

    There are so many ways real estate agents do make their money. Real estate agents can make their money through earning commissions, by helping clients or people who are not familiar with a particular area to lease or rent properties, like stores and houses.

    For example, you want to rent a property, let’s say a house in benin, then you don’t know where to start, you’ll meet the agent around there, he’ll help you do the work, then he receive his money after his work, simple.

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  2. Ramolak19
    Ramolak19 Knowledge Seeker
    2023-09-11T16:25:31+00:00Added an answer on September 11, 2023 at 4:25 pm

    Most of the estate agents facilitating property transfers, while real estate brokers receive compensation. They often are paid a commission off the sale price of the property when they represent a seller. They could get a cut of the commission earned by the seller's agent when they represent a buyerRead more

    Most of the estate agents facilitating property transfers, while real estate brokers receive compensation. They often are paid a commission off the sale price of the property when they represent a seller. They could get a cut of the commission earned by the seller’s agent when they represent a buyer. These commissions vary, but are usually between 5 and 10 percent of the sale price. The real estate market pays well for successful agents who can also receive referral fees and bonuses.

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  3. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    2023-09-11T16:37:02+00:00Added an answer on September 11, 2023 at 4:37 pm

    Real estate brokers are compensated by fees on property sales. The commission rates, might differ by location and are frequently negotiable between the buyer and the agent. The costs associated with their own business, such as marketing, advertising, and licensing fees, are covered by real estate agRead more

    Real estate brokers are compensated by fees on property sales. The commission rates, might differ by location and are frequently negotiable between the buyer and the agent. The costs associated with their own business, such as marketing, advertising, and licensing fees, are covered by real estate agents. After deducting these costs, their income is determined from their percentage of the commissions.

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  4. Augusta
    Augusta Enlightened Mentor
    2025-10-20T03:52:28+00:00Added an answer on October 20, 2025 at 3:52 am

    Real estate Agents earn commissions from rental transactions or.property sales. For a real estate agent, the most conventional way of making money is through commissions from property sales. So residential brokerage is their primary specialty. They also  makes the most money from Investment-focusedRead more

    Real estate Agents earn commissions from rental transactions or.property sales. For a real estate agent, the most conventional way of making money is through commissions from property sales. So residential brokerage is their primary specialty.

    They also  makes the most money from Investment-focused real estate niches. They alsonBuy-and-holdrental properties to sell when the price is high and right. They Fix-and-flip properties and good money is made..

     

    They also selling of Multi unit and apartment buildings. Basically the earn with doing BRRRR they buy, rehab, rent, refinance, repeat properties. Estate agents usually work on a commission or a fixed fee charge. This means that they are only compensated if they successfully sell a property or assist a consumer in purchasing one.

     

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