Tag: commission

How much sales agent earn when they sell one home?

As a sales agent, the earnings from selling a single home can vary widely based on the home's selling price and the commission rate. Typically, agents earn a percentage, usually around 5-6% of the home's selling price, which is then split between the buyer's and seller's agents. However, this rate can be negotiated. For instance, if a home sells for $300,000 and the commission rate is 6%, the total commission would be $18,000. After splitting with the buyer's agent, the seller's agent would earn $9,000.

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Do Home Depot employees get paid a commission?

After doing some research, I found out that Home Depot employees do not receive a commission on sales. Their compensation structure is primarily based on an hourly wage system. This means, no matter how many products they sell or how expensive the items are, it doesn't directly affect their earnings. However, some employees may receive bonuses or profit-sharing, but this isn't the same as commission. So, if you're considering a job at Home Depot, don't count on commission as part of your potential income.

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