Desperation.. or.. ?? 90% Realtor Comm in DB
 

Good way to motivate agents to turn a profit on a property. It's 90% of the net so if the house sells at a loss they would get nothing.

How do you lose money as an agent?
The house sells at a loss, it sells at a profit, why does it matter.. you get your 5-7%.. or half of it..

I have heard real estate is good business for people who have $100,000s to invest.


They can make 20% return sometimes in a year.

You can make a whole god damned fucking HELL OF ALOT MORE than THAT
But you had better know what in the hell you're doing, too
Are you talking about 20% returns on REITs?
I have no idea of what they're doing now, but at one time, they did that and more..

I think they are talking about the commission split with the agency. The commission is usually 4%(or used to be in NC) of the total sale, a certain percentage goes the the RE firm, then the Realtor gets the rest. In this case the RE firm gets 10%, the Realtor gets 90%.

Yeah
That's what it means
But, is that becoming normal out there, or what?
It's usually 50/50 broker/agent everywhere I've ever been..