Methods of Compensating Real Estate Agents

Though we've trained our buyer customers to work with us without obligation for compensation, it doesn't mean that it has to be that way. Here's an actual story of a buyer relationship that shows a healthy respect for a broker's time.

This is a real-life story of the experience of a real estate buyer who asked for information from a listing broker and then viewed the property with the buyer broker they'd been working with over the internet. It seems it can pay to be poor at your job.

The real estate referral agent is one of the highest paid non-entertainment jobs on the planet. Where's the value in this antiquated procedure that pays thousands of dollars an hour for actual effort or performance?

There are three basic types of real estate listing agreements, Open, Exclusive Agency, and Exclusive Right to Sell. You should know the difference in order to know who is and is not entitled to a commission on sale.

There are many ways to compensate a real estate agent for their efforts. Learn the most common here, from the traditional broker/agent split to salary. Learn about referral fees and franchise fees.

This update on how real estate agents are paid addresses the real estate agent commission model, as well as other and newer ways in which real estate professionals are being compensated.