Also, the money does not go to the agent it goes to the broker. What goes to the agents (which is what he mentioned) is 21,000 to 24,500 (which isnt 40k either)
The money that the broker keeps supports the overhead associated with running the system.
My point was simply, that everyone does a quick back of the envelop calculation and thinks Realtors are making a killing. The truth is far from that. Very few actually earn a decent living. The real money in this bubble was made in the lending industry.
