This was an estate property that a client bought "not through me" and I almost died...this was a seller's market and this area normally has 90 listings and it was down to 9 at one point.I had called him immediately on this and he wasn't returning calls due to him working with another agent ( I didn't know this when he wasn't returning my calls..ugh ). The buyer was closing escrow and I was helping him on some other potential properties and I asked him about his plans for the property we're talking about that was due to close in a few days( he was an architect ). I asked him, " how would you like to make a million dollars without picking up a hammer?". I knew he bought it under market and the property marketed properly, given that market, could sell for that million over. Long story short- a pocket listing - turned into full fledged listing- I worked it almost a full year.
Received and negotiated about 8 offers during that time that all ended up in that cost plus million dollar mark and of course he was holding out for more.
I ended up double ending it off of the full page glossy ad I referred to and sold him another high end project. I probably spent about 18k marketing it ( I was also marketing myself and spent more than I should have ) Both properties closed simultaneously and the broker did one "ta da" check to me..the buyer and seller had a stand off right before escrow was going to close and I probably learned more that week than I did my whole career.

28,000 for me on a double end deal!!

$42,000 double ended

Just throwing this out there. An agent on the East End, where I am, double ended a 6% $22 million dollar deal. It's the highest transaction out here. I don't want to figure out what she made, I would probably kill myself.

$1,320,000 commission.

That's not a bad payday...

$96,250 ... got lucky on a land deal once ...I'd be shocked if I ever pulled that off again.

Low 20s. It was 2% of SP, Aurora REO. Still think about it 2 years later.

Just a tad over $10K...hoping to break that record soon.

$32K, one side. Was actually my first sale as a new agent .

An agent in my area recently closed on a $5.5 million listing with her own buyer. Someone is my office sold a $780,000 listing to her own buyer.

My highest commission came as a result of my being stubborn. I had a seller come into my office wanting me to list a $12 million land deal.

On land deals my commission had always been 10% and I wouldn't budge. He told me agent so and so with the national brand would do it for 5%. I wished him luck. A year later he approached me at 7.5% and I turned him down (that was harder). A month later he listed it with me at the same listing price but at my 10% rate. I found a buyer in three weeks.

You can figure out the commission. Now if only I hadn't financed a Silicon Valley start up company I would be a much happier fellow. The start up company came close but the timing was off about a year (one time when it would have be better to wait so no cigar, no jet set, no parking my yacht next to Aristotle and Jackie O's at Monte Carlo).

Damn that sucks! wouldn't it be nice to close deals like this all the time. There is a broker in Greenwhich, CT around my way that has many many listing all over $10M. He was sold house to people like Martha Stewart, Vince Mcman, Jerry Spinger etc. He is 1 of the most down to earth rich person I have ever met. It must feel good to do bussines like him.

I once made a 2.5% commission on a $10,000 home :rockon:


[quote=FSBO]I once received a 2.5% commission on a 24,500 dollar "home". Not a typo... [/quote]