Real Estate Commision

philly

New member
Feb 14, 2003
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Does anyone have accurate knowledge of how the real estate agents/brokers get paid and how they pay thier employees?

thanks,
philly
 

philly

New member
Feb 14, 2003
90
2
0
i realize this is not that interesting of a thread but...

so what i have gathered from previous posts and talking is that the rate is negociable. it usually spreads from 3% to 10%....

how does/would a broker pay his employess.

in the US it is usually a 6% commision on sale of property the selling and buying broker get 3% each and then each broker splits a certain percentage with the actual agent that listed/sold the property which is determined by the broker/agent agreement....

i know that most people already know that ..... my question is how does it work in the DR and i realize that there is no set way but what do the reputable real estate agents do...like C21/Remax/Palm Hills etc....

Does anyone know? Please help me try and understand...

thanks,
philly