This question is about realtor salaries.

How much commission does a realtor make in New York?

By Zippia Team - Oct. 25, 2022

Realtors in New York typically make a 6% commission on property sales. However, some realtors cut their rates in an attempt to draw clients away from their competitors. In these cases, they may offer a commission rate of 3% or even 2%.

Realtors can make varying amounts of money in a given year, this depends on the number of transactions they complete, the percentage of the commissions, and the split with the real estate company, sponsoring broker, or any other real estate professionals involved.

Commission splits happen between the buying agent and the selling agent, and then the selling agent's broker. These splits may take the form of 50/50 or any variation, depending on several factors, such as the realtor's experience level.

How much commission does a realtor make in New York?

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