Do real estate agents get paid if they don't sell?

Do real estate agents get paid if they don't sell?

Jul, 23 2023| 0 Comments

In general, real estate agents only get paid if a property is sold. Their income usually comes from a commission, a percentage of the property's sale price. If the property doesn't sell, they typically don't receive any money because their payment is tied to the sale. However, some agents may have different arrangements, like a retainer fee for their services. But overall, no sale usually means no pay for most real estate agents.