How much does a realestate make?

Answer 1

Well, it is all commission based. But the average salary for a realestate agent would be from $40,000 to $60,000. If you are committed to selling houses and have a good understanding of the market around you, you can make over six figures a year. Most realestate agents who work under a firm may receive less commission than those who own their own. Those working under firm may get 1.5 to 2% in commission, compared to those who have their own company and make 3% in commission. For example lets say a person under a company and a person under a firm both sell a $500,000 home. The agent under a firm would make $10,000 while those who have their own company would make $15,000. The only reason in price difference is because those under a firm automatically has homes to sell because of their company builder. But those who have their own most of the time have to find their own homes to sell through netwoking, ect.. Hope this helps!!!