Real estate agent reveals staggering commission she makes on Bugatti penthouse
Published on Jun 29, 2023 at 5:06 PM (UTC+4)
by Adam Gray
Last updated on Jul 03, 2023 at 9:05 AM (UTC+4)
Edited by
Kate Bain
If you’ve been binge watching Selling Sunset on Netflix, you’re probably eyeing up a career change to become a real estate agent.
After all, who wouldn’t want to sell big money listings and pocket a small fortune in the process.
But there’s one big question on all our lips: How much commission can be made if you were, for example, to sell a Bugatti penthouse?
READ MORE! Bugatti’s first-ever residences lets you drive your supercar up to your apartment
Luckily, a Dubai real estate agent has posted a video to TikTok, explaining how much commission they take home after bagging a sale.
In the video, Sophie Elliott – who’s originally from the North East of England – does some quick maths.
She explains that if you were a real estate agent selling a small Bugatti penthouse worth 750 million AED ($204 million), you’d probably make five percent commission.
So, that’s 750 million multiplied by 0.05 which equals 37.5 million.
And if you’re wondering why she’s saying all that while using an old iPhone with a cracked screen, well, we’re wondering, too.
But anyway, before you start packing your bags, it’s worth noting that as a real estate agent, you won’t get that entire 37.5 million AED ($10.2 million).
You’d have to share it with your brokerage which is likely to be 50/50.
Again, some quick maths calculates your take-home amount would be a staggering 18.75 million AED ($5.1 million).
That amount is not to be sniffed at.
Despite the cost of a small Bugatti penthouse, there will be no shortage of interest in the ground-breaking development.
Called the Bugatti Residences, it is a collection of super high-end apartments and penthouses in the heart of Dubai.
The brand-new 42-story residence is a collaboration between Bugatti and real estate giant Binghatti.
Not only does the building look like something out of a sci-fi movie, but the interior is decked out with just about every amenity you could imagine.
The residence has a Riviera-inspired beach, private pool on the roof, jacuzzi spa, and fitness club.
It also has a private members club and of course, two garage-to-penthouse car lifts, so owners can drive their Bugattis all the way into their penthouses.
Madness.
DISCOVER SBX CARS: The global premium car auction platform powered by Supercar Blondie
Adam Gray is an experienced freelance motoring journalist and content creator based in the United Kingdom. Using his media accreditation with manufacturers’ press offices, Adam test drives the latest cars and attends new vehicle press launches, producing written reviews and news pieces for a variety of lifestyle and business publications. Here at Supercar Blondie, Adam applies his journalistic skills penning social-first content around current news and trends. When he’s not behind the wheel of the latest car or writing up another viral story, Adam can be found at his local rink playing ice hockey or at the Riverside Stadium supporting his beloved Middlesbrough FC.
