According to the U.S. Bureau of Labor Stats, the top 10% of realty representatives made over $178,000 in 2019. The Balance likewise composes that "rock star" representatives doing millions of dollars in deals annually are most likely millionaires themselves based upon commission rates. Real estate agents do lower their commission depending on financial patterns.Nevertheless, it is essential to keep in mind that these are trends on a grand scale. On an individual level, real estate agents as much less most likely to reduce their rates for specific customers. According to 2019 information from the Consumer Federation of America, 73% of realtors stated they would not decrease their standard commission rate.