Luxe Listings Sydney star Gavin Rubenstein reveals how much cash realtors really make

Luxury Listings Sydney star Gavin Rubinstein has revealed how much commission brokers typically earn from real estate sales.

The 32-year-old broker said some can take home as much as 100% of their fees, but clarifies that most keep between 50 and 60%.

Gavin said the key to successful real estate sales is understanding that no property is too big or too small.

“It all comes up at the end of the day. 10 million dollar deals equates to a $10 million sale,” he revealed on The Kyle and Jackie O Show.

The reality TV star said more expensive properties take longer to sign than cheaper ones, so it may be worth focusing on selling cheaper homes.

He added that lower-value real estate agents can still make a lot of money if they close a lot of deals.

The brokers on Luxe Listings are known for selling lavish homes in Sydney, but Gavin said brokers should also focus on cheaper properties

Earlier this week, Gavin revealed his top real estate investment tips and the one area he always recommends buying in as prices “never drop.”

He told The Daily Telegraph he has bought all of his investment properties in Sydney’s eastern suburbs and would never buy out of state.

He also revealed his top three pieces of advice for wannabe investors.

The 32-year-old broker said some can take home as much as 100% of their fees, but clarifies that most keep between 50 and 60%

The tips were: always buy houses near the beach, only buy units with the ability to own the entire strata building and wait to sell.

Gavin has made a name for himself buying and selling homes in Sydney’s affluent eastern suburbs, where all of his own real estate is located.

The luxury broker said the trend in the area has “continued to rise consistently.”

Luxury Listings Sydney features agents selling lavish beachfront properties