My first 3-digit commission check Premium Content

Compensation not based on expertise, skill and experience

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"Snake Eyes" scratcher ticket, Minnesota State Lottery"Snake Eyes" scratcher ticket, Minnesota State Lottery

Sometime this month I will be receiving my first three-digit commission check.

It is my reward for helping a buyer find a great deal on a home. The home was slightly overpriced on our MLS, but my client got it at a bargain price. That means he will pay very little for it, and the payout percentage offered to the buyer's agent is the smallest I have ever seen.

I have heard of the three-digit commissions but I have not yet seen my own name on one of the checks.

There doesn't seem to be a relationship between the pay and the amount of work in a single real estate transaction. I showed my buyer several properties before he decided to make an offer, and I showed the unit that he made the offer on three times. One of those times my showing interrupted a brief visit from my brother.

I know I made more than minimum wage and that some people work a full 40-hour week for less. But if it were not for the satisfaction I got from helping a buyer get a bargain, I would be pretty frustrated. I take more risks than someone who works for someone else, and I generally work more than 40 hours a week.

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