Commission Splits

Commission splits refer to the division of earnings between parties involved in a transaction, typically in real estate or sales. When a sale is made, a percentage of the commission earned is shared between agents, brokers, or the company. For example, if a house sells for $300,000 with a 6% commission, that totals $18,000. The split determines how much each agent or broker receives based on their agreement, which can be influenced by experience, company policy, or negotiation. Understanding these splits is crucial for maximizing earnings in sales-related professions.