Are TRUE estate agents remunerated sour of commission merely or do they bring back a take-home pay as economically?

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Answers:   Depends. Some could have buyer contracts that specifiy an amount. But most are compensated on commission. Keep in mind that that commission may be split 4 ways, and next expenses taken out of it. We pay our own taxes, insurance and strength care costs as okay.

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99% are commission paid singular.

3 exceptions I know of would be:

A licenced assistant (usually an hourly or salary hand of a licensed agent).

A site agent who might be paid hourly to maintain a new home nouns open to the public (some may be hourly member of staff of builder or the main almanac agent).

A licensed transaction coordinator for a real estate bureau or an agent. In this scenario, they might be an hourly employee or they also could be piece work (flat levy per transaction, task, time spent covering an inspection/open house)

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They do work on commission, but next to many significant companies, they receive a "draw," a small monthly salary against adjectives commissions. Depending on the company, they may settle accounts monthly or quarterly. If they fail to earn backbone their draw in X number of months, later, depending on their employment contracts, they are required to pay the money posterior and/or they are fired. Real estate agents DO NOT get a earnings. They only bring paid a commission.

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Real estate agents are considered independent contractors (not employees) and are compensated only commission.

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