The MDL agents pull in jaw-dropping commissions on their multi-million dollar listings.
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When Ryan sold a townhouse in Soho for $11 million, he pulled in $330,000 in commission. And, bonus: a nice bottle of wine from the seller.
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But, just like that, potentially huge sums can slip between a broker’s fingers, too. Before the townhouse sale could go through, the buyer was arrested (!) and just like that, the sale was dropped.
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Somehow, Ryan charmed the seller into giving him a second shot, then found a buyer who wasn’t represented and earned double commission to the tune of $600,000. For a single sale!
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When the agents get exclusive rights to a building, their commission can skyrocket, as it did when Frederik partnered on the development 190 West. Just part-way through the sale, he’d earned $1.38 million selling units in the building.
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MDLNY: Ryan and Lui
Sometimes we get to see the agents go head to head, with one representing a buyer and one a seller. When that happened between Ryan and Luis, Ryan sold Luis’ client a $3 million dollar apartment and both the men walked away with $90,000 in commission.
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MDLSF: Roh and Justin
Roh and Justin had a tense negotiation on the sale of a property on MDLSF, too. After some back and forth, the property went for $1.4 million, netting each of the agents $42,000.
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Sometimes you don’t even need to make a sale to rake the commission in. When he listed a $20 million dollar home in SF, Andrew ended up getting an offer for an 8-month rental that brought him $100,000 in commission.
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When Andrew sold a $1.8 million dollar home in the super wealthy city of Pleasanton, he raked in nearly $55,000 in commission.
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With a plenty of personal connections in L.A.’s priciest neighbourhoods, Josh consistently pulls in huge commissions on multi-million dollar homes, including one he sold in Malibu for $7.65 million, bringing in $191,250 in commission.
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There’s a lot of money in being a broker, but sometimes even more selling a home. When David sold his home in L.A., he made over a million dollars in profit.
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The MDL agents are all about bringing money in, but now and then, they spend big, too. Like when Josh bought a $4.8 million dollar home for him and his boyfriend...while getting a haircut. Swag.