how much can you make as a real estate agent

Best answer

Even though real estate agents make a nationwide average of $48,930,every agent makes a different salary. Salary can range from$25,000 to over $1,000,000 a year!To make more money as a real estate agent,you will need to focus on gaining more experience,increasing your effort,and dedicating more time on your profession.

People also ask

  • How much do real estate agents get paid?

  • Real estate agents receive income through commissions paid directly to brokers upon successful completion of home sales. The typical commission is 5% to 6% of the home’s listing price, though this number can sometimes vary from 1% to 10% depending on the specific agreement. How do real estate agents earn money?

  • How much Commission do real estate brokers make?

  • Many brokers split 50/50 with their agents, so if the commission from the sale was 3%, the broker would be paid 1.5%. Nationally, real estate brokers earn an average of $81,450 per year (U.S. Bureau of Labor Statistics), but their compensation structure isn the same as real estate agents. Unlike agents, brokers are often paid a salary.

  • Do real estate agents or brokers make more money?

  • For a real estate broker, however, the median national salary is over $10,000 more at $59,720.00. On average, brokers make more annually than agents. Where Do Real Estate Agents Make the Most Money?

  • How much do real estate agents make in Seattle?

  • Multiply the average sale price in your area by your expected commission rate to see how much you檒l make per house, on average. In Seattle, the median home price is $726,500 (according to Zillow data from May 2019) ?so at a standard 3% commission rate, an agent will make $21,795 per sale ($726,500 per home x 0.03 commission).

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