How much does a realtor make on $200,000?
The amount a realtor makes on a $200,000 home depends on the commission rate, which is usually 5%–6% of the sale price, often split between the buyer’s and seller’s agents. Let’s break it down step by step. Step 1: Calculate total commission Assume a 6% total commission on a $200,000 home: 200,000×0.06=12,000200,000 \times 0.06 = … Read more