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I’m guessing it’s somewhere around 10 hours, but I might be wrong. The issue I’m dealing with is if a house sells for $1M (pretty low here in Marin County), and the commission for the agent is 3%, then it seems the agent is making $3,000 an hour.

We all know real estate agents are horrible for a number of reasons, but I’d like some more firm clarity on this on aspect of their evil. So if I’m incorrect about the number of hours an agent spends on selling a house, please let me know.

I’m guessing it’s somewhere around 10 hours, but I might be wrong. The issue I’m dealing with is if a house sells for $1M (pretty low here in Marin County), and the commission for the agent is 3%, then it seems the agent is making $3,000 an hour. We all know real estate agents are horrible for a number of reasons, but I’d like some more firm clarity on this on aspect of their evil. So if I’m incorrect about the number of hours an agent spends on selling a house, please let me know.
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[–] • 0 pt

Okay, I get that. But I'm looking for the number of hours per sale. If a real estate agent is selling 5 houses and spends 100 hours total working on them, then the number of hours they spend on average per house is 20. And even at that, with a $1M house, and a 3% commission, that agent is earning $1,500 per hour of actual work. I think that's way WAY too much by a couple of orders of magnitude given the level of education a person needs to do that job. It's an affront and an insult to people with advanced educations and levels of intelligence doing far more complicated and honestly more important work than selling houses.

[–] • 0 pt

Same as any high dollar sales gig. It sounds like lot of money, but if the agent only closes 1 or 2 sales a month, it changes the picture. Keep in mind, I'm talking about individual agents who do all their own work. The 'agent team' comprised of several support people, get their paychecks from the agent commissions. The lead agent is under a lot of pressure to perform.