Luxe Listings Sydney Star Gavin Rubenstein Reveals How Much Cash Estate Agents Really Make From Property Sales
Luxe Listings Sydney star Gavin Rubinstein has revealed how much commission estate agents typically earn from the sale of their properties.
The 32-year-old real estate agent said some can take home a whopping 100% of their fee, but he clarified that most keep 50-60%.
Gavin said the key to successful real estate sales is understanding that no property is too big or too small.
Luxe Listings Sydney star Gavin Rubinstein has revealed how much commission estate agents typically earn from the sale of their properties. (pictured right with co-stars D’Leanne Lewis and Simon Cohen)
It all adds up at the end of the day. 10 million dollar deals add up to a $10 million dollar sale,’ he revealed on The Kyle and Jackie O Show.
The reality star said that more expensive properties take longer to sign than cheaper ones, so it may be worth focusing on selling more lower-priced homes.
He added that real estate agents working in lower-value property areas can still make a lot of money if they do a lot of deals.
Luxe Listings estate agents are known for selling luxury homes in Sydney, but Gavin said estate agents should also focus on lower-priced properties.
Earlier this week, Gavin revealed his top tips for real estate investing and the area he always recommends buying in, as his prices “never go down.”
He said The daily telegraph he has bought all his investment properties in the eastern suburbs of Sydney and would never buy them out of state.
He also revealed his three key tips for aspiring investors.
The 32-year-old real estate agent said some can take home a whopping 100% of their fee, but clarified that most keep 50-60%.
The tips were: Always buy houses near the beach, only buy units with range to own the entire strata building, and don’t sell.
Gavin has made a name for himself buying and selling homes in Sydney’s affluent eastern suburbs, where all of his real estate is located.
The luxury real estate agent said the trend in the area has “continued to go up” steadily.
Luxe Listings Sydney features estate agents selling luxury beachside properties