Quote:
Originally Posted by Unregistered
a large number of agents are multi millionaires and most of them make >300k annual
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I think the opposite is true. It's not hard to derive the average income of agents - take total transactions x commission rate divided by total number of agents. It is not a princely amount. Even less so after marketing and transport costs.
However, it is very likely that the top 5-10% make a lot of money. This also means the bottom ones are very broke.