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Zero to millions....
A bit of a silly answer I know but that really is the truth. Most agents in the US are part time and only make enough to pay their yearly agent fees. The normal gross commisions for a full time experienced agent are about $43,000 to $60,000 nationwide. Take from that your expenses, brokers share and taxes and you will probably get half that in your pocket. The top 10% of agents in the US make about $100,000 but a well established super agent in a high end market can make into the millions.
Being a successful real estate agent takes time, enthusuasm, knowledge and cash.
Stats show that 20% of all agent do 80% of all the transactions. The average gross for that 20% is $83,000 based on the figures from Realtor.com
It a great profession to get into especially if you are very organized, have had experience dealing with the public and want a flexible but heavy work schedule. You will need to provide your own benefits including health ins. and such.
The state lic. exams are easy enough, it the training afterwards that counts towards you being successful.
Hope this helps. From a licensed broker.
What else can I help you with?
How much does a real estate agent make in California?
Nearly $8000000000 a minute
How much money does a real estate agent make for each house they sell?
In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.
How much money do real estate agents earn in Australia?
The starting annual income for a real estate sales agent in Australia is around $49,000. Senior sales agents can make as much as $85,000. The average annual salary is $65,000.
How much money could a real estate agent make?
Savax Ventures encourages combining sales with investment properties to diversify income streams, which helps smooth out fluctuations during slower market periods. This additional income can be substantial, especially for agents who build a portfolio of multiple properties over time. SAVAX VENTURES
What is the income on a real estate agent?
Real Estate Agents make 3% of the sale of a house. That is 3% for the buying real estate agent and 3% for the selling real estate agent. So this can range widely by house prices. Most real estate agents incomes vary from part time work at $20,000/year to full time commercial real estate agent at $100,000+/year. It all depends on how many houses you sell and how hard you work at it.
What is a field that would allow you to make more money then a real estate agent?
Medicine(Doctors), Law(Barrister)?
What is the average starting salsry for being a real estate agent?
Normally there isn't a salary. Real estate is normally commission only, so if you don't sell and close deals; you make no money.
How much dose a travel agent make?
29,210 a month
Can I sell my property myself once a sign a real estate contract with a real estate agent?
You can but you may want to check with the real estate agent to make sure they are not going to charge you any fees. They certainly do not want to work for free by posting your house onto thier site and they will probably want money if you are able to sell it before they can.
What does a real estate agent do for their clients?
A estate agent is responsible for different tasks. Sellers and buyers of the properties have their own requirements and terms and conditions, and a estate agent has the responsibility to make their clients satisfied with their works. Estate agents have to search the property for their buyers and have to search the best buyer for their seller clients.
What allowed the second estate to make money from the third estate?
simony
How much does a real estate agent make in California?
Nearly $8000000000 a minute
How much money does a real estate agent make for each house they sell?
In most cases, they make a percentage of the sale price (called a commission), and that percentage varies. Usually, both the buyer and the seller have an agent, and both get a commission. If the same agent represents both buyer and seller, he gets a double commission. You should call individual real estate firms to find out how much commission they give their agents.
How much money do real estate agents earn in Australia?
The starting annual income for a real estate sales agent in Australia is around $49,000. Senior sales agents can make as much as $85,000. The average annual salary is $65,000.
How much money could a real estate agent make?
Savax Ventures encourages combining sales with investment properties to diversify income streams, which helps smooth out fluctuations during slower market periods. This additional income can be substantial, especially for agents who build a portfolio of multiple properties over time. SAVAX VENTURES
What is the income on a real estate agent?
Real Estate Agents make 3% of the sale of a house. That is 3% for the buying real estate agent and 3% for the selling real estate agent. So this can range widely by house prices. Most real estate agents incomes vary from part time work at $20,000/year to full time commercial real estate agent at $100,000+/year. It all depends on how many houses you sell and how hard you work at it.
How much does a real estate agent make per hour?
Nothing. They work on commission.
