JJ,
Just to clarify an obvious hyperbole on your part.
“the $40k that goes to agents at the end of an average sfr north county transaction.”
The average transaction is somehwere between 600K and 700K.
The average commission rate is 2.5% to each broker.
That is 15,000 to 17,500 to each broker.
The typical experienced agent gets about 70% of that which is 10,500 to 12,250.
An experienced agent working full time should sell 10 to 12 homes per year. Thats a good one, maybe 10 or 20% at best. Most only sell 2 or 3.
After paying all their expenses, self employment taxes, benefits only a few earn six figure incomes from RE. Not exactly what I would consider a great income for someone in sales and at the top of their profession.
