What are the Expenses I Need to
Pay to be a Real Estate Agent?
DMS Properties, LLC Residential Real Estate Services is a small, privately-owned real estate brokerage company. Having a real estate career means you are in business for yourself. Every business owner has expenses. It doesn’t matter if you make $8,500 or $38,000 or $150,000 in Gross Commission Income (GCI). The amount of your fixed expenses is going to be essentially the same.
Every business owner runs their business differently. It seems that many people who start a real estate career and affiliate with a Broker don’t understand that they are running a business. We try very hard to teach our agents about how to run their business for a successful career.
We do not charge franchise fees that some companies force their agents to pay. We also do not charge transaction fees or desk fees to our agents. You can see a list of typical real estate agent expenses for an agent that affiliates with us.
We use a commission structure that we believe is fair to our agents based and also to the company. Naturally, there are expenses that every real estate agent much pay during their career, regardless of their company.