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American Way Real Estate has created a Marketing Showcase in the Upper Cumberland. Our location on Jefferson Avenue in Cookeville was well designed in the center of business and retail activity in Cookeville.
Compensation by commission:
Though compensation plans can vary, in general, you’ll be paid a commission on the purchase price of property you sell or lease. For example, if you list and sell a property, the commission will be paid to your principal broker, who then splits it with you.
If you list the property and another broker sells it, the total commission is first split between the two principal brokers (listing and selling), who then distribute the appropriate percentages to you and the other agent.
When a company gives you an idea about an average first-year income, keep in mind that it really is just an average. Some agents come to the office every day even if they don’t have “floor opportunity time.” You’d be surprised how many leads they receive on those days, sometimes because the agents are on the telephone, or might be scheduling showing property to walk- in clients.
Earnings vary according to geographic area, specialization, and market conditions, as well as an agent’s experience, training, skills, and contacts. Most importantly, the effort you put in determines how much you bring home. It’s simple: the harder you work, the more you make.
Contact William Baugh at 931.526.9581 or email him firstname.lastname@example.org to get you started on a new income stream.