Exploring the Payment Structure of Real Estate Agents: Hourly Wages versus Commission-Based Models Hourly Wages for Real Estate Definition and explanation Agents in the real estate industry are usually not paid on an hourly rate. Instead, real estate agents earn a fee on the purchase or sale of a home. This means that the income of real estate agents is directly tied to how well they can close deals. The commissions are a percentage based on the final price of the property. They can vary based on the market, the client’s agreement and the particular agent. This commission is split
Return to previous page