There is always a constant debate about the amounts earned by some professionals. Real estate agents are among them since most people believe they earn a lot. In reality, the top ten real estate sales representatives in Surrey don’t actually earn as you think they do. If you consider the time they invest in finding a property for you, the amount they make is never what you believe.
Are Real Estate Agents Overpaid?
The truth is the average real estate sales representatives make a very modest income. Now, you must know that experience influences their income widely. So, if an agent has over 10 years of experience, he is bound to make a considerate amount of money. There is a difference between the real estate sales representative and an agency that fuels the myth of individuals earning a big portion.
The individual agents only earn a small portion of the commission for every sale with the balance going to the agency. In other words, he earns 1/3 of the commission. The sale and balance go to the agency he works for.
How Many Hours Do They Put In?
Just like any self-employed professional, the best real estate sales representatives follow a particular worth ethic. Many of the top agents work at least 12 hours a day including weekends. More often the agent needs to work with you for up to 2 years or more before he starts making money from the relationship.
Sales Representatives Are Worth It For Sellers
One crucial thing you must know is that a good real estate sales representative earns his fee. Wondering about the top ten agents? Well, they do earn a considerable amount considering the service they provide. In fact, the successful agents earn work than the others. For those who wish to sell the home, remember the task of a sales representative is to help you sell the home at a high price. Also, he works to negotiate the deal.
You may have emotion and sentiments attached to the home making it difficult for you to sell. But the top ten real estate sales representative in Surrey helps sell it. So, they are worth the money they make.
Looking Rich is Part of Real Estate Marketing strategy
Would you trust any agent without any valuable asset? You won’t, right? So, the agents always try to showcase themselves as successful. They dress well; use expensive cars, etc to show you they have made money by helping people. It is as simple as that!