[Eriktest] NUMBER ONE Success System

[Tommy Lee]

http://www.noss123.com/

Success rate

Compensation is typically based on a percentage of the sales price, split
between the buying and selling brokers, and then between the agent(s) and
his/her real estate agency. While a split based on the percentage received
by the broker is generally normal, in some brokerages agents may pay a
monthly "desk fee" for office costs, monthly fee, etc. and then retain 100%
of the commission received.

According to various trade journals such as *Realty Times*, the first year
failure rate is over 86%, and for those brokers or agents who have survived,
over 70% have an income less than $30,000. A National Association of
Realtors survey found a median income in 2004 of $37,600 for agents, and
$52,800 for brokers, though many top agents earn six-figure incomes. [10].
Even for those who have survived for years, most earn a modest income
comparable to that of the American middle class. However, many agents work
only on a part-time basis.
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