If you are in the market to sell or buy a house, chances are you will work with a real estate agent to help you through the process. Real estate agents review property value and similar sale prices in a locality to determine reasonable prices for buying and selling property. Sometimes, they have to work through lengthy negotiations to satisfy all parties involved in this process. Read below to know how much do real estate agents make in India.
Real Estate Agent TasksFacilitating the purchase and sale of houses by working with buyers, sellers, and intermediaries.
Documenting all negotiations and interactions, including legal documents.
Developing relationships with clients in person and online.
Negotiating with involved parties to reach an agreement and transfer houses.
Most real estate agents make money through commissions based on a percentage of the selling price of the property. In India, real estate agents charge 1-2% of the deal value as their commission from buyers and sellers.
How much real estate agent make yearly depends on several factors, such as the total number of completed property sales, the commissions they bring in, etc. They roughly make Rs. 2L to Rs. 8L yearly. However, they can earn more or less depending on different factors.
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I hope I cleared all your doubts on how much do real estate agents make!
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How much do real estate agents make?
Naman
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2021-11-23T18:22:47+00:00 2021-11-25T18:05:33+00:00Comment
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