This is a story of a family friend who had inherited a big parcel of land that is more than 50 hectares. Not having the money to develop the land, he entered into an agreement with a realtor to make it a residential subdivision. The contract is 50% distribution - half for the land owner and half for the realtor. The developing was immediately started and in less than a year, the selling of the lots had started. However, when some lots were sold and the land owner received the first share, that's when he realized that the net revenue was pretty small because there were so many deductions - aside from taxes, there's the commission which ate a chunk of the sales, there was also the developing costs and other hidden charges. To make the story short, our friend was shortchange.