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How many hours does a real estate agent actually put in to selling a house?

submitted by SocksOnCats to AskUpgoat 4 monthsDec 31, 2024 11:21:00 ago (+9/-0)     (AskUpgoat)

I’m guessing it’s somewhere around 10 hours, but I might be wrong. The issue I’m dealing with is if a house sells for $1M (pretty low here in Marin County), and the commission for the agent is 3%, then it seems the agent is making $3,000 an hour.

We all know real estate agents are horrible for a number of reasons, but I’d like some more firm clarity on this on aspect of their evil. So if I’m incorrect about the number of hours an agent spends on selling a house, please let me know.


18 comments block


[ - ] bobdole9 0 points 4 monthsDec 31, 2024 17:52:43 ago (+0/-0)

Depending on "open houses", ten hours of actual work sounds right. If your property needs multiple open houses to drum up a buyer, maybe 15 hours to sell.

[ - ] SocksOnCats [op] 0 points 4 monthsDec 31, 2024 21:17:33 ago (+0/-0)

Thank you!

[ - ] SilentByAssociation 1 point 4 monthsDec 31, 2024 14:04:26 ago (+1/-0)

How many hours an agent puts into a house can depend on a number of things, including what's on a title commitment, buyer profile (some may have a harder time obtaining financing than others), property condition, etc. The borrower may be a unique case that will need to work with a unique lender, in which a real estate agent may need to run their situation by different loan officers. Perhaps an agent would step in to help find an insurance policy.

It's a big transaction, it takes time, and it's not guaranteed. Realtor is a saturated career, so I'm not entirely sure how you go about finding a good one.

[ - ] germ22 1 point 4 monthsDec 31, 2024 14:42:01 ago (+1/-0)

The only time i have heard of realtor helping get funding or insurance is because they are getting commission on those deals as well.

[ - ] SilentByAssociation 1 point 4 monthsDec 31, 2024 16:44:13 ago (+1/-0)

Aren't realtors paid entirely commission? If a transaction falls through, no pay. Therefore wouldn't they have an interest in ensuring a client has a good lender or insurance agent?

[ - ] MaryXmas 2 points 4 monthsDec 31, 2024 13:08:25 ago (+2/-0)

We bought without a broker and there was still a significant amount of time the guy put in. I feel like it was in our best interest to buy without a broker. It is likely better to sell without a broker but I plan on dying in this house so that will be an issue for my wife.

[ - ] pickingrinninspittin 2 points 4 monthsDec 31, 2024 12:39:38 ago (+2/-0)*

Depending on the buyer, and the seller to a lesser degree, a sale can go really quickly or it can drag on and on. But if you figure out how much time on average a realtor spends on each sale it's not very long.

The catch is that the bar for becoming a realtor is quite low so there are a zillion other realtors out there all clamoring for the same business. And all realtors have access to essentially the same information so it's hard for any one realtor to get a edge on the rest.

It's a numbers game. More listings = more income. You'll notice that every once in a while a 'new' realtor will paper the local advertising spaces with his/her name and face. This is an attempt to get a larger piece of the action by making himself a household name. Generally he will have hired support staff to handle the, hoped for, increased nbr of clients while he continues to promote his brand. And at some point he will have either imploded or the nbr of clients will have reached critical mass and his strategy was successful. Either way he no longer has to spend as much on advertising.

I've used realtors many times and with only a couple exceptions their contribution to the process was sufficient to offset the cost of their commission. But there are gormless realtors out there so choose wisely.

[ - ] Doglegwarrior 0 points 4 monthsJan 3, 2025 16:53:06 ago (+0/-0)

It comes down to who you know... I know a kid his dad is rich he hooks him up as his realtor selling ranches and his friends.. he can almost live off one listing every 5 years if it's a big ranch.

The guy is a lazy fucking loser he just list it and does almost nothing.

[ - ] boekanier 5 points 4 monthsDec 31, 2024 12:37:58 ago (+5/-0)

those fuckers are too well paid for the little work they do

[ - ] SilentByAssociation 3 points 4 monthsDec 31, 2024 12:56:32 ago (+3/-0)

They certainly are. FSBO is the best way to go.

[ - ] glooper 2 points 4 monthsDec 31, 2024 11:48:01 ago (+3/-1)*

was flipping houses 15 years back. Decided to take a real estate course, just to know the inside and outside of the deal.


Fucking shocked at how easy it was. Mostly you learn about the laws you have to navigate and the paperwork needed. Super simple shyt for anyone with an IQ over 95. But most only have to do this once or twice in a lifetime, so most don't learn the paperwork.

(remember only 30% of americans can read and write at a fifth grade level or above. Most can't understand the paperwork)

Hence the need for a Real-estate agent.



Also the grand prize: Real estate agents get access to the listings that you and I don't. That's the real secret of these leaches. Years ago the RE unions negotiated this little caveat.
This is 90% the reason you have to use a RE, just to get access to the listing themselves.



PRotip: Save up that 20%. Seriously, save it up, if you can't you can't afford a house. Simple as that. That 20% opens massive doors.

Try for owner or self financed. Its got some risks, but cuts the RE fees out of the loop. Those can add up to 10-20% of the fucking price (coming and going)


Do your own fucking paperwork. You fags, learn how to read. It saves huge headaches.

Most people are seriously lazy and have that "I need a servant to boss around" type of mindset. they think that makes then elevated. hence they want a Real Estate agent. They don't "need" one


Most RE agents are recovering or full blown alchies. Never do business, trust a half million dollar deal, with addicts! Seriously, creep on their social media. You'll see...



Most Real estate agents are about half cooked anymore. They want that sweet, sweet % of the selling price at the lowest level of effort. Something like 70% of all Real estate agents only sell 1-2 homes a year. They get real desperate.



Protip: Watch those title companies as well. They are almost the same anymore and can seriously jack you up if they half ass the title search.

[ - ] SocksOnCats [op] 1 point 4 monthsDec 31, 2024 12:24:06 ago (+1/-0)

All good information, but how many hours did you ever put in to actually selling a property (on average)?

[ - ] Thyhorrorcosmic103 2 points 4 monthsDec 31, 2024 11:38:20 ago (+2/-0)

Last time I sold one of my properties it went in less than a day.

[ - ] SocksOnCats [op] 2 points 4 monthsDec 31, 2024 12:24:24 ago (+2/-0)

So like less than 4 hours? Was it a house?

[ - ] Thyhorrorcosmic103 2 points 4 monthsDec 31, 2024 13:28:12 ago (+2/-0)

Yes, a house. It was on the mls for about 6 hrs maybe.

[ - ] NoRefunds 4 points 4 monthsDec 31, 2024 11:38:18 ago (+4/-0)

It was a percentage because houses used to sell for $100k-$300k so that would be a normal rate, but since inflation fucked us from these kikes, they never fixed the commission rate.

[ - ] Shitcreek 9 points 4 monthsDec 31, 2024 11:35:49 ago (+9/-0)

Here in the sunshine state a whole lot of female real estate agents seem to be former strippers who aged off the pole.

[ - ] Anus_Expander 2 points 4 monthsDec 31, 2024 16:29:28 ago (+2/-0)

Confirmed. When roasties hit late 40s/early 50s, they flock to get realtor's license. Most don't sell shit, so they keep wage-slaving.