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Updated over 5 years ago,
How can be 25% of 0.5M $3000 instead of $125000 (Affiliate M.)?
Hi !
I am doing my best to be able to find some RE Affiliate Marketing business where could I earn % from high ticket closed deal = successfully sold real estate for "bringing" on my own, on behalf of owner or agent, interested person who became a buyer. I found very few such programs and would appreciate a lot if anyone could point me to correct direction where could i do the work of finding a buyer for % fee out of total amount of RE being sold. However what I don't understand is the following: I found explanation webpage about Affiliate business and example there said that if i manage to find a buyer for real estate being worth 0.5M then i earn $3000 because commission is 25%. How is this possible??? As far as I understand my earnings should be 125K because this is 25% out of 0.5M. What am i missing here?
I will randomly guess the answer and need your confirmation if my guess is correct: The 100% amount is not the price of RE but amount how much does the agent earn. Out of his or her or their (agent) commission, i get defined commission. Example: If agent gets $12000 then i get commission of agent amount and NOT of total property amount. So 25% out of agent earnings ($12000) is my profit which is $3000.
Two questions:
First: Is my understanding (my guess) correct? If not, what is correct then?
Second: Are there any Affiliate Marketing (buyers searching) business where there is just current owner? So in such case % of my commission is really calculated from total price of property which would be in above case my commission of $125K ?