Think buyer's agents make $30,000 for opening doors? Think again. I break down exactly where that 3% commission really goes, and why the system is still broken - even though agents make less than you think.
In this episode of the DIY Homebuyer Podcast, I'm clarifying my earlier videos about buyer's agent commissions with a detailed breakdown of where every dollar goes on a million-dollar home purchase.
What You'll Learn:
– Real commission breakdown on a $1M home
– Why agents only keep about 1/3 of their commission
– How brokerages and referral fees eat up profits
– Why the system hurts buyers AND agents
– The problem with cooperative broker relationships
– How to leverage no-agent status in negotiations
– Why two agents make transactions inefficient
Using real numbers and examples, I explain why even though agents aren't getting rich, the system still needs to change - and how DIY buyers can save $30,000 by avoiding these inefficiencies altogether.
Perfect for:
– Buyers questioning agent commissions
– Anyone considering DIY homebuying
– Those interested in industry reform
– Value-conscious purchasers
– Real estate professionals
🤝 Join Our FREE DIY Homebuyer Community!
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In our community, you'll get:
– Access to our FREE DIY Home Buying Essentials course
– Our complete library of homebuying resources
– Direct connection with other DIY homebuyers
– Regular Q&As and live sessions
Commission Breakdown on $1M Home:
– Total Commission: $30,000 (3%)
– Brokerage Split: -$7,500 (25%)
– Referral Fee: -$7,500 (25%)
– Taxes: -$4,500 (30%)
– Business Expenses: Varies
– Agent Take-Home: ~$11,500
Additional Resources
📘 Download "5 Strategies to Save You $5k+ On Your Next Home":
https://diyhomebuyeracademy.kit.com/2694bd687c
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Legal Disclaimer
This content is for educational purposes only and does not constitute financial or legal advice. Always consult with qualified professionals before making any real estate decisions.
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