How Real Estate Agents Make Money

A jury ruled the 6% commission was price fixing. The industry paid 418 million dollars, the rules changed across the whole country on one day, and the fee went up. This is how real estate agents actually make their money. Like it if it was useful. The money and business playlist has the rest of them. 0:00 A jury ruled the 6% illegal, and the fee went up 1:52 You have never paid a real estate agent 3:04 Where a $22,500 commission actually goes 5:18 What an agent really earns: 10 sales, $58,100 6:24 What a brokerage is actually selling 8:29 The MLS: one membership, three layers 10:16 Zillow takes 40% for an introduction 12:06 Title insurance pays out 5% of premiums 14:08 You borrow the commission for 30 years 15:51 Why the reform made it worse 18:05 What to ask at the listing table #Money #Business #HowItWorks #Finance #Economics #Explained #RealEstate #RealEstateAgent #Realtor #Housing #HousingMarket #Commission #Zillow #NAR #HomeBuying #HomeSelling #Mortgage #Property #Investing #Educational