| What is your earning potential? |
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| When commissions are calculated several factors are part of the equation: |
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The brokerage fee of the property |
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Amount received by your brokerage company |
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Your commission split with your brokerage company |
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Which side are you representing? The buyer, the seller or both. |
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| Calculating the GROSS Commission on the sale of a property |
Sale Price of Property
Commission % |
$200,000.00
x 7.0% |
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| Gross Commission |
$14,000.00 |
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| Calculating the BROKERAGE Commission on the sale of a property |
Listing Company (Seller)
4% Commission |
Selling Company (Buyer)
3% Commission |
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| $8,000 |
$6,000 |
Note: The sale of real estate property creates two transaction sides (one buyer | one seller). |
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| Calculating the AGENT Commission on the sale of a property |
Listing Company
Agent Commission |
Listing Company
Broker Commission |
Selling Company
Agent Commission |
Selling Company
Broker Commission |
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60% of $8,000 equals
$4,800* |
40% of $8,000 equals
$3,200 |
60% of $6,000 equals
$3,600* |
40% of $6,000 equals
$2,400 |
* Occasionally agents receive both sides of the real estate commission - $4,800 + $3,600 = $8,400 |
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Semonin starts all new agents with a 60/40 split. Your earnings can be more if you are both the Listing and Selling agent. The commission split goes up in your favor based on a pre-established earnings and education scale. Training and support services to the agents are paid out of the company's share of the commission split. Semonin has NO franchise fees and NO desk fees. Your monthly out-of-pocket expenses are nominal but your benefits are substantial. Some companies have other compensation plans, but may not offer some services that agents may find beneficial.
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| Semonin is proud to offer a TOTAL commission and support package! |
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| How hard you work is in direct proportion to how much you can earn. |
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