How much Selling Sunset agents make - how much is a sale worth?
This is how much the Selling Sunset agents make per home.
Just a few more days to wait until Selling Sunset's new fifth season arrives on Netflix, with the Oppenheim Group estate agents back for another round of expensive property sales, dynamite outfits and addictive drama.
While we're sure Christine Quinn has plans to cause more drama for The Oppenheim Group, there's a brand new addition to the Selling Sunset cast who appears to team up with the divisive estate agent – British-Nigerian property expert Chelsea Lazkani.
All the personal drama on the show aside, we're equally as excited to watch the cast flog a long list of multi-million dollar properties – but how much do they take home at the end of the day?
Here's everything you need to know about the Selling Sunset agents' salaries.
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How much do Selling Sunset agents make?
The sales on Selling Sunset are worth varying amounts depending on the price tag.
The real estate agents don't actually receive a salary from The Oppenheim Group, instead they make their money just from the commission, meaning they only receive a pay slip if they actually sell a house.
The percentage of commission the agents receive varies from property to property, but given the kinds of mansions they’re selling, it’s a six-figure rate almost every time.
The commission is calculated by subtracting a certain percentage (usually ranges from three per cent to six per cent) from the cost of the house they sell.
For example, Mary Fitzgerald recently sold a property worth $8,000,000 and earned a commission of $240,000, which is 3 per cent of the cost of the listing.
Speaking to Express.co.uk about the way they make their money, Mary said: "I think the hardest thing in real estate is working for commission only."
She added: "Spending months sometimes with a client and then they change their minds.
"The best part can also be when a client finds something they love immediately and I make a huge commission with very little effort."
What are the most expensive homes featured on Selling Sunset?
The houses featured on the Netflix series vary, with smaller apartments and homes going for $4 million to $8 million.
At the other end of the scale, however, there are multi-million dollar, luxury mansions that sell for over $25 million. Here are two of the most expensive places shown in the series so far:
$75 million
Location: North Beverley Hills Drive, LA.
The stunning nine-bedroom, 12-bathroom property spans more than 15,000 square feet.
In season 2, Davina showed a client around the luxury home, despite Jason and Brett's worries that it was overpriced.
"I know selling this house at this price is really tough but I'm up for the challenge," she said. "I can't fathom the idea of Jason telling me, 'I told you so!'"
Good luck Davina!
$4o million
Location: Hillside Avenue, Hollywood Hills,
In the first episode fans got a glimpse inside the jaw-dropping house, worth more than $40m, which includes 20,000 square feet of space.
The home has five bedrooms, nine bathrooms, and a garage which can fit not one, but 15 cars. There are also four hot tubs, an infinity pool, and a huge rooftop deck.
Fans were left in awe of the indoor theatre, spa, wine cellar and plenty of other perks within the luxury pad.
The deal was a hot topic for the agents as whoever sold the property would get a commission worth $1.2m (£979,000).
According to the Los Angeles Times, the house sold in December 2019 and it closed at a final deal of $35.5m (£29m) - the most expensive sale since 2012.
Many believe Davina was the seller of this home, after she was rumoured to be the most successful Selling Sunset agent.
Selling Sunset seasons 1-4 are streaming now on Netflix. Season 5 launches on Friday 22nd April. Check out our lists of the best series on Netflix and the best movies on Netflix, or see what else is on with our TV Guide.
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