In California, the commission to real estate salespersons is generally 6% (3% to selling agent + 3% to buying agent). After the real estate salesperson (either selling / buying agent) gets his 3%, how much does the broker keep and how much does the salesperson himself keep? I was told that broker keeps 60% and salesperson keeps 40% - Is that true?Also, how does a salesperson go about picking which broker to associate with? What kind of training does broker provide?
This Site Might Help You. RE: How much commission do real estate brokers in CA charge? In California, the commission to real estate salespersons is generally 6% (3% to selling agent + 3% to buying agent). After the real estate salesperson (either selling / buying agent) gets his 3%, how much does the broker keep and how much does the salesperson himself keep? I was told that broker...
California Real Estate Commission
Real Estate Commission California
The broker and sales agent have an agreement. It could be a 60/40 split or they may agree on something else.
