In 10 years, you will have a 25 year old home. If you buy a home that is only 5 years old, it will be 15 years old.
Realtors make money on commission: They only get paid when they sell a house or help someone buy a house. The standard Realtor commission in the United States is between 5 and 6 percent, which is evenly split between the seller's agent and the buyer's agent [source: Linden].
1 Real Estate Agent Commission Split Between Agent and Broker. 2  Real Estate Agent Taxes Reporting. 3  Real Estate TaxesâPaying Your Estimated Taxes. 4  Who Must Pay Self-Employment Tax. 5  How Much In Taxes Do Real Estate Agents Have to Pay. 6  Other Ways To Calculate Estimated Taxes for Real Estate Agents. 7  When Real Estate Agents Should Pay Estimated Taxes.