As a real estate agent can you buy homes and sell them to make a 7% commsion on your sale?

This would mean you buy then home make the monthlys until sold then break even plus your 7% commission then repeat the process?As a real estate agent can you buy homes and sell them to make a 7% commsion on your sale?
Why not, just make the seller pay closing cost then you can charge your self the commission. Pay taxes on that money twice, it will help lower my taxes in the long run.





Why would you charge yourself a commission? Even if the sale had the buyer pay closing, it would come off your top line. The complete sale of the house is income to you, then the commission is an additional income to you as an agent.As a real estate agent can you buy homes and sell them to make a 7% commsion on your sale?
Most transactions have a split between the listing broker and the selling broker, who then split with each agent, who then has to pay his own expenses and taxes. If you have any knowledge of real estate or all the costs of buying and selling, you would not consider this as a moneymaking idea. I don't ever take a commission on a house I personally buy - what would be the point? I want to buy as cheaply as possible! If I've spent money advertising, sometimes I will take a small commission when I sell a property I personally own, but not very often.
Unless you are a broker you will NEVER get the whole commission.





Agents can buy and sell as many homes as they can afford.
yes you can.. but you have to pay the buyer's agent, legal costs, land transfer tax and capital gain tax. if you think you will still be left with money then go ahead!!
Sales agents usually get 4 - 6 percent commission on a home sale. I don't know what you are talking about -- ';monthlys'; what does that mean? Repeat what process?
Where do you think the 7% commission comes from? It comes from the seller. So you're going to pay yourself?
If you want to, you could do this.