The Selling Sunset cast are known for their glamorous lifestyles full of flashy cars, Balenciaga bags and glitzy fashion, but how much money do they really make?
Selling Sunset fans recently got their latest fix of the Netflix docusoap when the third season landed on the streaming platform, following the lives of The Oppenheim Group’s estate agents as they battle to sell swanky houses to wealthy buyers in the Hollywood Hills (and Beverly Hills, and the Valley).
The luxury pads go for millions of dollars, with The Oppenheim Group owner Jason Oppenheim even closing on one priced at over $40 million. That’s some commission!
So, how much do the Selling Sunset agents make from their sales? And what are some of the most expensive homes ever featured on the show?
Read on for everything you need to know.
How much do Selling Sunset agents make?
The sales on Selling Sunset are worth varying amounts depending on the price tag.
The real estate agents don’t actually receive a salary from The Oppenheim Group, instead they make their money just from the commission, meaning they only receive a pay slip if they actually sell a house.
The percentage of commission the agents receive varies from property to property, but given the kinds of mansions they’re selling, it’s a six-figure rate almost every time.
The commission is calculated by subtracting a certain percentage (usually ranges from three per cent to six per cent) from the cost of the house they sell.
For example, Mary Fitzgerald recently sold a property worth $8,000,000 and earned a commission of $240,000, which is three percent of the cost of the listing.
She added: “Spending months sometimes with a client and then they change their minds.
“The best part can also be when a client finds something they love immediately and I make a huge commission with very little effort.”
What are the most expensive homes featured on Selling Sunset?
The houses featured on the Netflix series vary, with smaller apartments and homes going for $4 million to $8 million.
At the other end of the scale, however, there are multi-million dollar, luxury mansions that sell for over $25 million. Here are two of the most expensive places shown in the series so far:
Location: North Beverley Hills Drive, LA.
The stunning nine-bedroom, 12-bathroom property spans more than 15,000 square feet.
In season two, Davina showed a client around the luxury home, despite Jason and Brett’s worries that it was overpriced.
“I know selling this house at this price is really tough but I’m up for the challenge,” she said. “I can’t fathom the idea of Jason telling me, ‘I told you so!'”
Good luck Davina!
Location: Hillside Avenue, Hollywood Hills,
In the first episode fans got a glimpse inside the jaw-dropping house, worth more than $40m, which includes 20,000 square feet of space.
The home has five bedrooms, nine bathrooms, and a garage which can fit not one, but 15 cars. There are also four hot tubs, an infinity pool, and a huge rooftop deck.
Fans were left in awe of the indoor theatre, spa, wine cellar and plenty of other perks within the luxury pad.
The deal was a hot topic for the agents as whoever sold the property would get a commission worth $1.2m (£979,000).
According to the Los Angeles Times, the house sold in December 2019 and it closed at a final deal of $35.5m (£29m) – the most expensive sale since 2012.
Many believe Davina was the seller of this home, after she was rumoured to be the most successful Selling Sunset agent.
Selling Sunset seasons 1-2 are streaming now on Netflix. Series 3 airs on Friday August 7th. check out our lists of the best series on Netflix and the best movies on Netflix, or see what else is on with our TV Guide.