Sales Associate Course - Gold Coast Schools

SALES ASSOCIATE COURSE

CHAPTER 1

The Real Estate Business

Potential Income (commission example)

$500,000 x 5% commission $25,000

Listing Agency 50/50% Split

Split Equally $12,500 (usually)

Selling Agency (co-broker)

70/30% Split

Licensee $6,250

Agency $6,250

Licensee $8,750

Agency $3,750

A licensee on a 50/50 split can make $_1_5__0_,_0_0_0_ annually by selling two properties each month.

Copyright Gold Coast Schools 3

Farm Area

A specific portion of a city that a broker or sales associate seeks to become an expert

The Real Estate Business

Licensees must have expertise in the following three areas:

PROPERTY MANAGEMENT

APPRAISAL

COUNSELLING

BUSINESS BROKERAGE

FINANCING

PROPERTY INSURANCE

Real Estate Specialization

Many areas of real estate

CONSTRUCTION AND DEVELOPMENT

AGRICULTURAL SALES

INDUSTRIAL SALES

COMMERCIAL SALES

RESIDENTIAL SALES OR RENTALS

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