Payment and salary in the real estate agent buisness

Abstract: In this bachelor science thesis we are going to study the salary system in the real estate agent market by comparing with other businesses and by interviewing people working in the real estate agent-business. The reason why we wanted to study the real estate business is because we thought it was strange that it is almost the sole business where you do not have any guarantee or safety despite an university education. Furthermore, we were interested in knowing why the salary system in the real estate business had not been discussed until the last couple of years. What we found out was that the present salary system is one of the most optimal for both the real estate agent and the consumer, and by comparing it to the international standard, the consumer will profit from the Swedish system. In average, an American real estate agent takes about 7% commission, and this is only for marketing the object and finding a buyer. Subsequently, a legal expert does the paperwork, and the buyer also has his or her own broker. Comparing with other businesses in Sweden, the real estate business terms of salary is bad in comparison to the degree of education. Despite that brokers mainly makes good money, the terms of salary is inferior. But with the present legislation and the interview answers we think that the present salary system is the best for broker as well as for the consumer.