Is The Pay Scheme For Real Estate Agents That Unique?
By Ron Trzcinski, 410-935-5844
(410-935-5844 Office)
Is The Pay Scheme For Real Estate Agents That Unique? Real estate agents typically only get paid when a sale closes. There are often times, when an agent will put numerous hours into working with a client or customer, but end up with no sale and, hence, no pay. The agent may spend large amounts of money, including time if you were to give it a dollar value. They will spend money on signs, brochures, and advertisements. Just to be in the business, they will spend money on licensing fees, continuing education costs, association dues, multiple listing service costs, lock box fees, and on and on. All of these efforts and costs show up as expenses on their accounting ledgers and not one of them shows up as revenue. These expenses all occur prior to getting a sale, and, therefore, based upon ...
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