Originally posted by @Account Closed:
Texas Statewide Q3 2021 (3 months) had 115,272 sales https://www.texasrealestate.co...(Q4 isn't available yet) so in a 3 month period 147,000 agents shared 115,272 sales, that is about 1.27 sales per agent over a 3 month period. If the median price was $310,000 statewide so 1.27 times $310,000 is about $393,700 per agent for a 3 month period.
If commissions were 6%, which may be high, (many agents are charging 5% and 4%), then commissions were about $23,622 which is split with the other agent getting half and you get $11,800 and that is split with your broker so you get $5,900 - that is about $1,966 per month - subtract gas, advertising, and other expenses and you can treat your client to a cup of coffee and have $0.50 left over. Oh, forgot to mention taxes.
Now, keep in mind that the top performers are doing a LOT more than 1.27 per quarter. That reduces the amount being done at the middle and low ends and by newbies. It is said that it is wise to have 6 months income in the bank before going full time. Also, you don't get a check the day you sign an agreement with a seller, It can take a month or two or longer to go through the process before you get a check.
Most agents aren't eating.
I'd worry more about that.
