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Does a real estate agent make a profit when you buy a home or when you sell a home?

12 Answers

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  • 3 months ago
    Favourite answer

    Real estate agents earn commissions on sales they make. Profit or loss is calculated at tax time the following year, gross commissions earned minus all allowable expenses of conducting their business.

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  • 3 months ago

    Both.  If both the buying and selling parties use real estate agents, both agents will get a percentage of the sale price as their commission. The seller then gets the rest.   

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  • 3 months ago

    It could be both.

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  • Anonymous
    3 months ago

    They always make a profit.  It's a sweet deal they have.

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  • 3 months ago

    They get a commission of about 3% of the sales price on either a purchase or sale, where they represent the party. 

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  • DEBS
    Lv 7
    3 months ago

    A transaction typically has an agent representing the buyer and a separate agent representing the seller.  Both get paid by the seller when the deal closes.

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  • Judy
    Lv 7
    3 months ago

    both...................................

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  • Pearl
    Lv 7
    3 months ago

    it might be both

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  • 3 months ago

    Yes.  Usually 6% of the selling price.

    Source(s): RE Broker
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  • 3 months ago

    Both. Some agents specialize in getting listings and they make a commission. Some have buyers who buy, and they make a commission.

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