Most Real Estate Agents Don't Earn Their Commission

Solving America's Problems · Oct 28, 2026 · 15m

Institutional funds buy less than 5% of homes, but the belief that Wall Street buys everything still convinces young people they can't afford one. Ben Allgeyer says most real estate agents don't earn their commission, and tells the story of an agent who listed a foreclosure without asking about a $230,000 payoff, costing the owner two weeks he didn't have. His one number for a 25-year-old: two X, twice your down payment in the bank before you buy. He says licensing classes in Missouri and Kansas hand out the test answers and teach nothing about negotiation or marketing. Jerremy Alexander…