Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

17
Posts
2
Votes
Andre P.
  • Accountant
  • texas
2
Votes |
17
Posts

Why do some realititors use sales volume?

Andre P.
  • Accountant
  • texas
Posted

Why do some realititors use sales volume?

Example one that I know said they sold 10 million in volume for the year. With the average house being 250k I’m assuming it would go like this:

10,000,000$/250000$= 40 homes as either the buyers or sellers agent in the transactions.

40 homes/12(months in a year)=3 houses monthly.

Commission can be dropped as low as 5% under the law meaning the buyers agent and sellers agent would get 2.5% on the sales and that’s not even factoring in paying out the broker who manages them. My friends dad and his business partner both manage to make over 300k annually but they are commercial brokers and not Realitors which makes a lot of since because commercial real estate can go for millions for the businesses that buy them.

Did I do the math right right? If that’s the case I’m going to get my license.

Loading replies...