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Whether you’re a curious seller or a real estate agent just starting your career, you’d wonder, “How much commission does a realtor make in NY?” The answer can feel like a mystery, but it’s just complicated, considering how the actual numbers can vary from one brokerage to another. At NB Elite Realty (NBER), we believe in absolute clarity and empower our clients and agents to make informed and thorough decisions when discussing realtor fees in NY. So, here’s a look at how NY realtor commissions work and how our flat-fee model is the real differentiator.

Average NY Realtor Commissions

Realtor fees in NY are generally around 3% of the final sale price of a home for each side agent. However, agents don’t usually take home the entire earnings. They have to pay substantial fees for support, training, and the brokerage’s name under which they operate. The brokerage acts as a supervisor, mentor, and compliance officer, providing expertise and strategic support to facilitate different transactions.

Traditional Brokerage Splits

Split Structure → Agent Keeps A Portion Of What They Earn.

How much commission does a realtor make in NY traditional brokerages? Most firms use a percentage split structure to share commissions with the agents. Common splits look like 70/30, 80/20, or 90/10. This means agents keep around 70%-90% of their earnings, while splitting the remaining 10%-30% with the broker. In commercial transactions, the split can be as high as 50/50. Some companies can also cap the split after agents reach a certain sales volume threshold. But achieving this often takes a lot of time.

For better understanding, here’s an example of a $500,000 sale so you know how this plays out in real dollars:

With an average of 3% of NY realtor commissions, agents would make around $15,000 in commissions per agent. In a traditional 80/20 split structure, an agent would keep $12,000 (before taxes and additional expenses) in their pocket but would lose $3,000 to the broker.

This means that, after all your work, your losses can easily add up to tens of thousands of dollars every year.

Experience the NB Elite Realty Difference

Flat-Fee Model → Agent Keeps Nearly Everything.

At NB Elite Realty, we believe all our agents deserve to take home every dollar they earn. Therefore, rather than charging a substantial percentage, we have a small per-transaction fee, allowing agents to retain nearly 100% of the commissions.

The fee structure is simple and transparent, with no surprise costs because you shouldn’t have to deal with any.

Our flat-fee model starts at $249 for a home valued up to $200,000 and increases by $50 for each additional $50,000. Here’s an example to help you understand how it works:

Let’s say you close a $500,000 home at a 3% commission rate. Your total commission will be $15,000. With our flat-fee commission structure, you only pay $549 in fees, keeping the rest in your pocket.

That’s a straight $2,451 in savings from just one sale, compared to a traditional 80/20 split model. Now, multiply this across 10 closings in a year, and you can keep over $24,000 more to yourself.

In addition to our flat per-transaction fees, our agents also pay a low-cost membership fee to access the tools, training, and support from our brokerage. You can view the current fees and payment options here.

With us, you don’t just save money; you build wealth, reinvest in yourself, and achieve financial freedom through real estate.

Traditional vs. NB Elite Realty: A Quick Comparison

Here’s a side-by-side look at how a typical NY brokerage setup performs vs. how NB Elite Realty stacks up against the traditional firms that most agents are used to:

Features Traditional Brokerage NB Elite Realty
Commission Structure 70/30, 80/20, or 90/10 split structure per closing Flat, per-transaction fee. No unreasonable cuts, nearly 100% commissions at closings
Fees & Charges Desk fees, marketing fees, franchise fees, or technology costs Nominal, predictable, and transparent per-transaction and membership fees
Earning Potential Depends on splits and volume caps Nearly every dollar beyond the flat fee is yours to keep
Support Self-guided modules or generic training and support Investor-driven guidance, elite mentorship, 24/7 member portal, bi-weekly webinars, and more
Flexibility Partial freedom due to corporate policies, official requirements, quotas, etc. Work, grow, and invest on your terms under the NBER brand
Company Culture Traditional hierarchy system with limited peer collaboration Agent-first, collaborative, and entrepreneurial culture

Keep 100% of Your Commissions. Join NB Elite Realty Today.

Ready to save more of your hard-earned commissions? Now that you know how much commission does a realtor make in NY, you’ll be able to make informed decisions for your career. If you’re looking for a trusted partner, join NB Elite Realty, where over a thousand successful agents have transformed their lives. Our realtor fees in NY, and the entire business model, are designed for driven real estate professionals and those seeking greater freedom, earnings, and autonomy. Call (844) 444-6237 to learn more about us.