Jay Mattlin, Real Estate Broker with Key Realty

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January
16

Via Bigstock

Let's face it, everyone either knows a real estate agent, or is connected to one through six (probably less) degrees of separation. Between friends and relatives, and the stereotypical representation of real estate agents on television and in pop culture, the general public has a adopted some assumptions about agents that are very far from the truth.

Here are ten things that people assume about real estate agents that just aren't true:

1. They make "easy money"

HAHAHAHAHAHAHAHAHAH. The only people who could ever possibly make the case that being an agent is an easy way to make money are those who have never done it. It's hard, uncertain work, with many instances of months wasted on a deal that doesn't ever close. The only thing easy about it is reading the Lighter Side of Real Estate.

2. They are required to show you houses even if you're not pre-approved

There are definitely agents who will show you houses without a pre-approval (or at minimum a pre-qualification), but an agent is not required to, and most experienced agents probably won't. The ability to qualify for financing dictates whether or not a deal is even possible, so an agent is simply saving you from disappointment (or worse) by asking you to get pre-approved.

3. Zillow is more accurate than they are

It would be wonderful if Zillow (and similar websites) were accurate in their home valuations, but if you compared their results to actual appraised values, in most cases you'd burst out laughing. Real estate agents want you to get as much money as possible for your house, but oftentimes reality gets in the way. Trust your realtor to give you a fair market assessment for your house…at least more than you trust Zillow.

4. They make huge commissions

The popular real estate flipping shows on cable, and Million Dollar Listing have given everyone the impression that real estate agents are rolling in the dough. Most real estate agents wish that this was true, but reality is much different. The median US existing home sale price in December 2016 was $234,900, which means after splitting the commission and paying their broker, an agent took home about $3500 on the transaction, not including all marketing and related expenses. As a monthly income, this adds up to about $40,000 per year. Not exactly huge.

5. They're an unnecessary evil

Many people have made the argument that real estate agents are unnecessary and are merely an impediment to a more efficient "For sale by owner" model of real estate. The best way to eliminate this misconception is to try selling your house yourself. There is nothing more sobering than desperately Googling state and federal real estate laws as some unkempt stranger is knocking on your door asking you questions about your FSBO house.

6. They're sleazy

Unfortunately, real estate agents have joined the ranks of lawyers, politicians, and salespeople in some of the public's assumptions about their trustworthiness. The financial collapse of 2008 exacerbated this perception. Thankfully, the market correction also weeded out most of the unsavory elements in the business. The truth is, real estate agents are honest, hardworking people, making a living like any other profession. And just like any other profession, there are a few bad apples that unfairly give the others a bad name.

7. They're uneducated

This misconception really gets under most agents' skin, because not only do many agents have degrees (and advanced degrees in quite a few cases), but the knowledge required to pass a real estate exam is substantial. There are many people who are unable to get their licensing because of an inability to pass the licensing tests, which makes the concept of an "uneducated" agent laughable.

8. They want you to pay more for a house so they can make more money

If you truly looked at the math involved in calculating real estate commissions, you'd never utter this falsehood again. An agent getting you to pay $10,000 more for a property will net that agent approximately $150, which barely covers the cost of gas required to drive to and from your appointments. The truth is that an agent absolutely wants you to buy a house. What's not true is that they want you to pay more for one.

9. They're mostly part-timers or bored housewives

If you ask the average person to describe the archetypal real estate agent, they'll probably say it's an older married woman who is looking for something to do in her free time. Ugh. This is stereotyping at its finest, and ignores the hundreds of thousands of male agents, the hundreds of thousands of full-time agents, and the hard-working primary bread winners that make up the real estate workforce. Sure, the stereotypical agents do exist, but they're the exception to the rule.

10. All they want from you is the deal

Yes, agents want your business. But true professional real estate agents want to be your lifelong real estate advisor. They want you to think of them whenever you or your family and friends have any real estate questions. They want to see you and talk to you more than once a decade, and they want to make sure that you remember your interactions with them as being absolutely delightful.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/17/2026. The listing information on this page last changed on 03/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/17/2026 12:21:48 AM EST) or MichRic (Michigan Regional Information Center) (last updated Mon 03/16/2026 11:17:19 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Mon 03/16/2026 11:34:26 PM EST) or NIRA MLS (last updated Mon 03/16/2026 11:04:55 PM EST) or RealComp MLS (last updated Tue 03/17/2026 12:15:42 AM EST) or Dayton MLS (last updated Mon 03/16/2026 11:46:32 PM EST) or NORIS MLS (last updated Mon 03/16/2026 11:14:13 PM EST) or IRES MLS (last updated Tue 03/17/2026 12:17:01 AM EST) or Colorado Real Estate Network IDX (last updated Mon 03/16/2026 7:05:51 PM EST) or CBRMLS (last updated Tue 03/17/2026 12:19:26 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Mon 03/16/2026 11:53:38 PM EST) or Terrehaute MLS (last updated Tue 03/17/2026 12:16:30 AM EST) or Pikes Peak REALTORR Services Corp (last updated Tue 03/17/2026 12:15:11 AM EST) or Stellar MLS (last updated Tue 03/17/2026 12:13:39 AM EST) or NKY MLS (last updated Mon 03/16/2026 11:28:18 PM EST) or Wrist MLS (last updated Mon 03/16/2026 11:24:19 PM EST) or Firelands MLS (last updated Mon 03/16/2026 11:11:18 PM EST) or LCAR MLS (last updated Mon 03/16/2026 10:50:11 AM EST) or West Central MLS (last updated Mon 03/16/2026 9:50:01 PM EST) or Fort Myers (last updated Mon 03/16/2026 11:05:53 PM EST) or Aspen/Glenwood Springs MLS (last updated Mon 03/16/2026 9:30:39 PM EST) or Northern Nevada Regional MLS (last updated Tue 03/17/2026 12:16:39 AM EST) or MLS NOW (last updated Tue 03/17/2026 12:17:34 AM EST) or Northern Great Lakes Association of Realtors (last updated Tue 03/17/2026 12:19:13 AM EST) or Mansfield MLS (last updated Mon 03/16/2026 11:47:20 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Tue 03/17/2026 12:06:16 AM EST) or Grand Junction MLS (last updated Mon 03/16/2026 11:37:09 PM EST) or Knox County MLS (last updated Mon 03/16/2026 11:08:13 PM EST) or IRMLS (last updated Mon 03/16/2026 11:11:54 PM EST) or Pueblo MLS (last updated Mon 03/16/2026 11:43:57 PM EST) or Upper Peninsula MLS (last updated Mon 03/16/2026 11:10:08 PM EST) or Greater Lansing MLS (last updated Mon 03/16/2026 10:36:16 PM EST) or SEBAR MLS (last updated Mon 03/16/2026 11:39:19 PM EST) or Water Wonderland MLS (last updated Mon 03/16/2026 10:52:35 PM EST) or Eastern Upper Peninsula MLS (last updated Mon 03/16/2026 11:59:09 PM EST) or Scioto Valley MLS (last updated Mon 03/16/2026 10:02:35 PM EST) or Northern Michigan MLS (last updated Mon 03/16/2026 9:33:54 PM EST). Real estate listings held by brokerage firms other than Key Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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