How Are Realtors Paid In Illinois?

How are Realtors Paid In Illinois? Real estate agents are paid on a commission basis, usually 5-6% of the property’s sale price, often split between the buyer’s agent and the listing broker.

A real estate agent in Illinois, is paid, depending on the home sale price. Most people are motivated to get a real estate license by the impressive amount of money they can make in the real estate sector. But, in reality, a Chicago real estate agent makes money by earning a commission or a sale percentage when they help an individual sell or purchase a property.

Check out this guide below to understand how Illinois real estate agents are paid.

How does a realtor get paid when buying a house in Illinois?

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