Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 1 of 2 1 2 >
Topic Options
Rate This Topic
#330451 - 03/09/10 10:58 PM Highest commission ever made?
CIProperties863 Offline
Member

Registered: 03/09/10
Posts: 63
Loc: Polk County, FL
What is the highest amount of money you ever made in 1 deal?

Top
#330508 - 03/10/10 09:25 AM Re: Highest commission ever made? [Re: CIProperties863]
FSBO Offline
Member

Registered: 12/11/08
Posts: 322
Loc: Pineville, LA
I once received a 2.5% commission on a 24,500 dollar "home". Not a typo...

Top
#330518 - 03/10/10 10:07 AM Re: Highest commission ever made? [Re: FSBO]
REODayton Offline
Major Contributor

Registered: 07/27/06
Posts: 3665
Loc: Dayton Ohio
The highest I walked from closing with was just under 12K. I had both sides of the closing. I co-listed though, so I had to split the list side 50-50.

My typical commission though are 1000-1500 flat fee REO commissions. When the seller adds a bonus its a good day.

Top
#330521 - 03/10/10 10:13 AM Re: Highest commission ever made? [Re: FSBO]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
I once sold a 7 Acre Lot for $3000. 10% Commission on a Co-Broke with a 60/40 Split so's I got to keep a whopping $90.00 !.

But I remember it well as it was the Last of 10 completed Transactions required for a Brokers License. T'was a piece of dry dirt up thar in Mud Hollow.

Oh, did you ask "highest" amount? I must have mis-understood.

I don't keep track of the Dollars; just the number of Smiley Faces leaving the Closing Table!
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#330546 - 03/10/10 01:19 PM Re: Highest commission ever made? [Re: Vermont]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
I once walked away after my broker split, with about $9,000. I almost had one for $12,000 (had the buyer, lakefront home) but ten days before closing, buyer lost his financing. I cried about that one. When I worked at a daycare center full time, I only made about $14,000 in a year.


Edited by Perky_REALTOR (03/10/10 01:21 PM)

Top
#330554 - 03/10/10 01:59 PM Re: Highest commission ever made? [Re: Perky_REALTOR]
Maui Offline
Moderator
Veteran Member

Registered: 01/13/10
Posts: 707
Loc: Maui, HI
LOL, Dayton. Perhaps it wasnt your highest but it certainly seems that it was the most memorable. I am a newbie here in Maui so I havent closed many transactions, but now that I have my website up I am definitely going after listings to get my foot in the door.
_________________________
Search Wailea Condos For Sale , then subscribe to our Maui real estate blog and Maui Wordpress Blog for local events and market stats. View one of the best values of Maui luxury real estate in this Honua Kai Condo For Sale.

Top
#330564 - 03/10/10 02:41 PM Re: Highest commission ever made? [Re: Maui]
NiNi Offline
Member

Registered: 01/22/08
Posts: 93
Loc: La-La Land
$30,000. $1.2mil beach home. Sold with multiple offers in 5 days and went all cash. That was Dec 09. Wish I had more of those high end listings =o)

Top
#330570 - 03/10/10 03:10 PM Re: Highest commission ever made? [Re: NiNi]
suskorob Offline
Junior Member

Registered: 02/12/10
Posts: 3
Loc: PA
Last year I listed and sold a large farm in my area for 1.2 mil. It was a 5% commisison but reduced it to 4% since I had both sides...walked away with 48k! I worked my but off for this sale but and took almost 9 months to get it to close but it was well worth it. Doubt I'll ever see one like that again.

Top
#330600 - 03/10/10 05:33 PM Re: Highest commission ever made? [Re: suskorob]
CIProperties863 Offline
Member

Registered: 03/09/10
Posts: 63
Loc: Polk County, FL
Vermont thanks for that story it helps future realtors understand that its not all big bucks all the time & Perky OOCH! I think I would of cried too...

Top
#330602 - 03/10/10 06:21 PM Re: Highest commission ever made? [Re: CIProperties863]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
Commercial with land assemblages I make a few hundred k or more but the deals take about 2 years to closing.

Individual commercial parcels most was about 50k.

Most on a residential was an REO last year that I double ended and made 22,894.00. The buyers said they hated buyer agents and would put the offer in through me. I said NO PROBLEM! smile

I am working on one land deal 10 acres that hasn't closed yet but we be looking at 120k on that. It's in a prime location perfect for a senior living community and right on the silver comet trail.

After these closings I really need a few weeks off........

Top
#330606 - 03/10/10 06:42 PM Re: Highest commission ever made? [Re: super realtor]
CIProperties863 Offline
Member

Registered: 03/09/10
Posts: 63
Loc: Polk County, FL
Well super realtor it sounds like your doing great, best of luck on that deal!!!

Top
#330630 - 03/10/10 09:37 PM Re: Highest commission ever made? [Re: CIProperties863]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
Yeah, it's hard to make big bucks at one time when the average sale price overall is a little under 200,000...going to be even less than that after this year.

Top
#330665 - 03/11/10 07:07 AM Re: Highest commission ever made? [Re: Perky_REALTOR]
Oli Offline
Member

Registered: 11/01/07
Posts: 297
Loc: North Carolina
My best was about $7800 that was one sided residential deal.On this deal I helped my broker remodel his office and did not split anything with him other wise it would have been about half of that.
_________________________
There are no shortcuts to any place worth going. (Beverley Sills)

Top
#330720 - 03/11/10 02:14 PM Re: Highest commission ever made? [Re: Oli]
Crazy 2 Offline
Veteran Member

Registered: 04/22/09
Posts: 540
Loc: California
This is a "variation" to the question and unfortunately , it was back in Dec 2000-
The check paid out to me that day was over 200k.

I double ended a 3.65 million dollar property and sold the seller another high end property and all closed the same day.

Yes, it was a check for the day and no, I haven't had that kind of day for too, too long but that's my best "pay day". As far as what that worked out to per transaction, I was running out the door with the check too fast to sit down and figure it out smile

Top
#330726 - 03/11/10 02:35 PM Re: Highest commission ever made? [Re: Crazy 2]
REODayton Offline
Major Contributor

Registered: 07/27/06
Posts: 3665
Loc: Dayton Ohio
Originally Posted By: Crazy 2
This is a "variation" to the question and unfortunately , it was back in Dec 2000-
The check paid out to me that day was over 200k.

I double ended a 3.65 million dollar property and sold the seller another high end property and all closed the same day.

Yes, it was a check for the day and no, I haven't had that kind of day for too, too long but that's my best "pay day". As far as what that worked out to per transaction, I was running out the door with the check too fast to sit down and figure it out smile


How long to put that deal together? We have very few 1 million dollar properties in my area. A 500K property is a mansion.

Top
Page 1 of 2 1 2 >






Moderator:  Agent 007, RaquelMangual 
Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
superealtor, beaucoupe, vkat007, MarketingPro, Jazzman
20760 Registered Users
Who's Online
12 registered (AAP, copenwbpos, cjmj, BPOs4ever, ColoREO, cleonard), 143 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 89
HomeTeamGA 51
smg 40
shana 40
pro 40
pikes peak 40
75Corvette 37
Brad - W4BJM 36
Kjmendy 36
Artiste 35
Doin' bpose 34
realyte 31
Dave23 30
Rezo 29
(Views)Popular Topics
No new orders today 3952474
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2025181
Stupid MLS comments. 841211
EML 457988
Evalonline 299344
Land America 284999
Mainstreet 261428
What do you know about Froy Candelario, top agent in USA 248575
Pay it Forward - BPO/REO Tips & Tricks I & II 223463
New HUD Listing Brokers---Any Update? 222894
Is there religious content in Buffini class? 197328
Stupid QC comments and BPO requirements. 187250
FARVV 177240
REOTRANS 151363
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134409
FARVV 126751
Let's talk about our cars 120367
PAS 118318
Featured Member
Registered: 04/12/08
Posts: 4458

How To Advertise Here


This site presented by RNC Internet Services