The Misconception Of What Realtors Make: The Truth Behind The Commission
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The Misconception Of What Realtors Make: The Truth Behind The Commission
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Real estate commissions, buyer brokerage fees, agent splits, and admin costs explained, no filter. Ed Averette and Terence Guess break down exactly what agents charge, what they keep, and why the numbers might surprise you. From the buyer agency agreement to builder bonuses, mentor fees, and the listing side, this is the episode buyers and agents both need to hear.
Ed walks through a real $400K deal, 3% commission, brokerage split, mentor fees, transaction costs, and taxes, showing what an agent actually takes home. He also gets real about seller remorse, working for free, and why some agents are pulling up in Ubers between showings.
If you've ever wondered why your agent charges what they charge, or you're an agent trying to understand your own business, this is "FREE GAME".