How much do Million Dollar Listing Realtors make?

You'll generally pay 6% commission on a home's final sale price, which adds up to $60,000 for a million dollar home. The commission is split between the listing agent, the buyer's agent, and their brokers.

How much do the agents make on Million Dollar Listing?

The show follows Josh Flagg, Josh Altman, Tracy Tutor, James Harris and David Parnes as they manage multi-million-dollar properties, deal with VIP clients and try to keep their personal dramas in check. In addition to their commission they reportedly earn about $10,000 per episode.

Do Million Dollar Listing sellers get paid?

In real estate, commission is negotiable, but it typically hovers around 6% per sale. Of course, that's split between the two agents (and a portion of that percentage goes to the brokerage, too), but when all is said and done, a $10 million home sale will usually result in somewhere upward of $180,000 to each agent.

How much money does Josh Altman make?

Josh Altman ($30 million)

Based on his record-breaking top sales — which include $25 million properties in Redondo Beach, Bel Air Crest, La Jolla, and Bradbury Estates — Josh has gotten most of his reported $30 million net worth from his commissions.

Are the realtors on Million Dollar Listing real?

According to those connected with the show, Million Dollar Listing is real. The agents are legitimate realtors and they really do sell expensive properties. That's not to say some scenes aren't shot multiple times to get the right angles. But that's common for most reality TV shows.

How Much Do Real Estate Agents ACTUALLY Make?

Which Million Dollar Listing agent is the richest?

But the wealthiest Million Dollar Listing cast member is Josh Flagg from the Los Angeles series. Flagg is worth a reported $35 million. While his family is worth even more money, his net worth stems from his real estate business.

How much does Fredrik Eklund make per episode?

Some reports claim that an actor of his caliber can earn up to $10,000 per episode, considering how long the show has been on the air. In an interview with The Hollywood Reporter in May 2021, Eklund confessed that one of his biggest challenges is watching himself, despite his love for filming.

How much did Josh Flagg inherit from his grandmother?

His grandparents were worth a combined $104 million

His paternal grandmother, Edith Flagg, was a European fashion designer who moved to the United States back in 1948 as a seamstress and eventually relocated to Los Angeles, where she broke into the design field.

What is Matt Altman's net worth?

Matt Altman net worth: Matt Altman is an American real estate agent and screenwriter who has a net worth of $25 million. He is best known for being the brother of reality TV series Million Dollar Listing star Josh Altman. Matt Altman was born in New York, New York.

How much was Edith Flagg worth?

Her clothing-line "Edith Flagg, Inc." (1956–2000) manufactured in the United States from the 1950s until her retirement from the fashion industry in 2000. The brand was characterized by its wrinkle-resistant knitwear. As of 2012, the company reportedly afforded her a net worth of $100 million.

How much is Josh Altman worth 2021?

With an impressive estimated net worth of $30 million, Josh Altman has been a Million Dollar Listing Los Angeles cast member since season four. Over the course of his career, he's sold more than $5 billion in real estate properties, including a whopping $1.2 billion in residential sales in 2021 alone.

How much money does Josh Flagg make a year?

As the last remaining OG cast member on the show, Flagg is rumored to be paid a whopping $2 million annually by Bravo, as reported by Just Richest.

How much did the Altman brothers sell in 2021?

With over $1.4 Billion in sales in 2021 alone, The Altman Brothers Team has exceeded $5 Billion in luxury residential real estate sales. Josh, Matthew and Heather Altman are the most connected, professional, and experienced agents in the industry.

What type of realtors make the most money?

The answer is almost six figures for the average commercial real estate agent, which came in as the highest income out of all the agents we surveyed. Becoming an expert in commercial real estate could take more training — but it shows that more training pays off in this case.

What does Josh Flagg's father do for a living?

He is the son of Michael and Cindy (Platt) Flagg of Los Angeles. He is the grandson of philanthropist, electronics industry executive and Jewish leader Herman Platt and great-grandson of Benjamin Platt, founder and owner of the nationwide Platt Music Corporation chain of stores.

How much is Mauricio Richards worth?

He is also a reality television star who gained most of his fame from his wife, Kyle Richards, who appears in the Real Housewives of Beverly Hills. As of 2022, Mauricio Umansky has a net worth of $100 million. Umansky was born on January 25, 1970.

What does Johanna Altman do?

Johanna is currently the president at Icon Escrow & Settlement Services, after graduating from University of Southern California. Now self-employed, she was previously working in real estate like her husband. She was a former agent at Sally Forster Jones Group, as well as a broker's associate at Coldwell Banker Realty.

What is Tracy from Million Dollar Listing worth?

Tracy Tutor is a reality television personality and top-performing real estate agent from the United States. She's able to combine her two professions by starring as one of the five brokers in Bravo TV's Million Dollar Listing Los Angeles. As of 2022, Tracy Tutor's net worth is $20 million.

Did Tracy get the Dubai deal?

Tracy gladly accepted the offer and said she was looking forward to sharing it with her buyers. She got back to work upon her return and held a meeting with her team, including new assistant Eleanor. 'We took a trip to Dubai, and we got the job. So we're international!,' she told the team.

Are Josh Altman and Josh Flagg friends?

Josh Flagg shares why he is pals with Josh Altman

“You are a solid friend,” Flagg said to Altman. “I'll give him that much. He's not many things, but he is a solid friend. He's there for you when you need him.” Altman added that he cares for his friends.

Does Josh Flagg have a child?

Josh Flagg and Bobby Boyd have a full life without kids.

How much is Ryan Serhant worth 2021?

As of 2021, Serhant has an estimated net worth of $25 million. Ryan was born on July 2nd, 1984, in Houston, Texas.

What is Fredrik Englund worth?

Over the years, Eklund has made a significant fortune through his real estate career and is estimated to be worth $30 million. Prior to becoming a realtor, the Swedish-born was an Information Technology (IT) entrepreneur and an adult film star.

Is Million Dollar Listing LA scripted?

And for the first time, the series opened the door to offer a peek at which aspects of the series are a little staged. But make no mistake, the show is not staged. In fact, brokers revealed the grueling process they endure to film the series and how the million-dollar deals are very real.