Exploring Real Estate Agents’ Payment Structure: Hourly Wages Versus Commission-Based models Hourly Rates in Real Estate Definition and Explanation Real estate agents do not typically get paid hourly. They are paid a commission based on the sale or top real estate agents in chicago acquisition of a property. This means that their income is directly tied to their ability to close deals and boston real estate agents make successful transactions. The commissions are usually a percent of the sale price and can vary according to the market or the agreement between an agent and their client. This commission will be
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