Real Estate Agents and Brokers

Compensation in the real estate field is based largely upon commission. Agents usually split commissions with the brokers who employ them, in return for providing the office space, advertising support, sales supervision, and the use of the broker's good name. When two or more agents are involved in a transaction (for example, one agent listing the property for sale and another selling it), the commission is usually divided between the two on the basis of an established formula. Agents can earn more if they both list and sell the property.