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Home and car insurance agents typically receive a 10 to 15 percent commission on the first yearâs premium. Commissions can range as low as 8 percent, says Bissett, while 15 [percent] would be on the very high end.. In contrast, life insurance agents make most of their money in the first year of a new policy.
All commissions are negiotable between the property owner and the broker. Some brokers charge a fee for services, some a flat fee and other a percentage of the final sale price. Take into consideration that in a MLS situation, the listing broker and buyer's broker normally split the commission 50/50. always tell me clients it is not what you pay in commission, it is what you end up with on the sale of your home. When you interview an agent you have to compare what they are offering to the commission they charge.