People would think wow commission checks of $100k+ are amazing, meanwhile it took you 80+ hr/week + marketing budget + pitch budget + entertainment budget; etc etc, to be able to hit those numbers. 

I met a younger guy who was an agent , he started with the same lines , I stopped him in his tracks , asked him do you want to make a commission or not ?  

Obviously as a seller can save a lot, but regarding buying- how does commission work then?

In fact, I usually say “this is the standard contract published  by the Texas Real Estate Commission”— I actually think that helps.

While evicting someone is never fun we did receive a commission from the purchase (my business partner and I are both agents) which covered the cost of the eviction and then some. 

Please include commissions or housing as well.

The selling agent said it's not too late to bring in a broker to collect their half of the commission, (around $25k!)

=================================Property Value: $2,000,000Down payment and Carrying Cost: $535,000 (25% down plus carrying cost for closing etc.)Repair Cost: $100,000Investment period: 3 YearsSales Price: $2,300,000Sales Carrying Cost: $125,000 (sales commission to broker 4%, final water/electric/gas/other bills, any other charges)After three-year mortgage balance: $1,500,000 - $265,000 (principal that are paid off in three years) = $1,235,000Rental income total at 7% of down payment: $105,000 Total Proceeds: $2,300,000 - $1,235,000 - $125,000 = $940,00065% of proceeds: ($105,000 + $940,000) * .80 = $836,000Total investment: $635,000Percentage on return: ($836,000 - $635,000) / (3 * $635,000) = 10.55%===================================

My  current hit points: $5k in in repair costWe'd close using my private money and hard money contacts, so no commissions for her to pay, much lower closing costs. 

As the agent representing myself the commission went to costs.