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Real Estate Commission Split by Prachpro(m): 9:12am On May 11, 2020
A real estate commission split is the brokerage fee a real estate agent collects for the service of helping a buyer purchase a property or a seller to list and sell a property. Average real estate commission splits traditionally range from 50/50 to 70/30, largely depending on the real estate agency you work for and the market you are working in.

The commission amount will be an agreed upon percentage of the gross commission A commission is typically shared by a number of people. In a typical transaction there is a real estate agent working for the seller and a real estate agent working for the buyer with each of these parties getting a cut of the commission

The share of the commission you receive as a real estate agent is not set in stone. Factors such as size of transaction, and negotiation power of any of the parties involved can affect the commission paid out.

While all real estate commission splits have their positive and negative aspects, it is important to understand clearly how they can work to your advantage, as well as what structure might benefit you moving forward in your career.

Get all the information you need as a Prachpro agent. Get up to 5-15% commission and extra incentive when you make property sale. Sign up today with Prachpro as a real estate agent

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