How much does a broker typically earn?

Started by Corsair
over 8 years ago
Posts: 20
Member since: Feb 2011
Discussion about
When you look at a broker (buyer or seller) who may be splitting a 6% commission with the other side, what do they actually see of that 3% if they work for a Douglas Elliman, Corcoran, Core, etc. How much kicks back to the company vs goes into their actual pocket? Was discussing with a friend this issue and I hold that they aren't getting that 3% to themselves (unless they are independent) but I have no idea if they see 0/5% of it, 1%, etc.