An agency says individual agents operating as self-employed can earn up to £64,000 more per year than fully-employed counterparts.
Nested says the average UK agent currently earns an annual gross income of £24,096. When they successfully sell a home, the average fee of 1.5 per cent equates to £3,833 in commission although the agent individually receives only around 10 per cent of this as commission – so £383 per sale.
Nested goes on to presume that the average agent sells 30 homes per year, making an additional £11,499 and pushing gross income to £35,595. “Not much reward for a great deal […]
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