Did I just make $60,000 profit to my real estate agent?
I introduced my real estate agent to my friend who was looking for a house. He liked the first house he saw in San Jose and they closed on the house within a month of my introduction. The house was sold for $2M. Did I just make $60,000 to the real estate agent? It seems very easy money.
How much do real estate agents make realistically? By this rate, even if the agent only sales 10 homes a year, he will be making a lot more than I will ever make with my engineering and management degrees.