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Updated over 5 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
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Account Closed
  • Rental Property Investor
  • Yuma, AZ
45
Votes |
637
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Real Estate Agent

Is the realtor's comission reduced if the property sells for less

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted

Hello agents, are your commissions reduced if the property sells for less? Lets say a property is listed for 100k you get 3% which is 3k but then the property gets sold for 50k do you still get 3k or 1.5k?

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Russell Brazil
  • #3 All Forums Contributor
  • Real Estate Agent
  • from Washington, D.C.
  • Member since Oct 20, 2012
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Russell Brazil's profile image
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Russell Brazil
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  • Real Estate Agent
  • from Washington, D.C.
  • Member since Oct 20, 2012
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Most agents work on a pure percentage of the sale commission. However not all do. Sometimes it can be a straight flat fee.  Sometimes the commission percentage can vary based on any number of agreed factors.

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