GCI

Definition

Gross Commission Income—what real estate agents use to calculate how much commission they're making on your life-changing transaction.

Example Usage

With a GCI of $400,000 for the year, the brokerage split her commission and took 50% for themselves.

Origin

Acronym: Gross Commission Income (real estate industry terminology)

Fun Fact

Top real estate agents can earn GCI in the millions, which is why they're incredibly motivated to sell you a house.

Source: Real estate brokerage and compensation terminology

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