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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

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.