All Forum Posts by: Heather Skowronsky

I'm actually a full time Realtor but I'm in the DC market so it's a bit different here. Our average single family sales price is close to $500,000. Most real estate companies out there aren't charging 50% commission splits. 70/30 is average where we are but there are still companies that have lower splits than that. There are also tons of places you can get 100% of your commission for a monthly fee which tends to be about $500 per month or so.

It seems the cost of living is much lower where you are so if an agent is making $2000 per transaction and has a rather steady flow of transactions, maybe 5 a month, that's pretty good income if a home in your area only costs $150,000 - the mortgage on that isn't much. It may not be the most lucrative career choice but I can see how the numbers could work.

Hello all, I am new to the site and I look forward to all of the education and advice this site has to offer! I'm a licensed real estate broker in Northern Virginia and have been slowing working my way in to the investment market. I am currently focusing on "flipping" but I have had rental properties in the past. Real Estate is my passion and I couldn't imagine working in any other industry.

I stumbled upon this site today while searching for available insurance plans for a property that you are going to flip. This site was more than helpful and after I found my answer to that, I began reading through the rest of the site. Naturally I had to sign up!

Thanks for taking the time to read my intro and I look forward to learning from all of the experiences many of you have had.