How much commision do commercial real estate agent make and do they make more then residenyial agents?
Posted on October 10th, 2009 in Renting & Real Estate | 2 Comments »
nickhinkle asked:
At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take.
Homes in Torrance
At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take.
Homes in Torrance
2 Responses
Phoenix Maryland MD Realtor
My father is a commercial real estate broker and he has definetly made a very successful living off of it. I dont know exactly how much comission he makes, but I have heard he has made 4 million before on one building, I dont know if that is the highest he has made on one building though. He has sold 70 million dollar buildings before. It definetly makes you much more than residential real estate. And the market doesnt get bad for commercial. It is a better market and a smarter choice.
Federal Hill Baltimore Real Estate
Commercial real estate agents usually make more than residential BUT there is a long wait for your first commission the commissions are few and far between but they are larger.