The money that an agent actually takes home is far less then what most people think. It is 100% determined by what the broker will pay them. There are the heavy hitter agents that get a high percentage of the commission. The average realtor does not get that much. Again, each broker, or shall I say brokerage has their own policy. Yeah I would say your estimate is valid. Don’t think of it as the agent handing money to the broker though… Go the other way, the broker gets the money and hands a portion of it to the agent. If the agent is a heavy, the broker gives him a big cut, if the agent is a regular player they get less, and if the agent is a newbie they get less still.
