how much do real estate agents get paid
On average,the salary of a real estate agent is around$59,000 per year. It is important to note that this is an average and will not necessarily be exactly what you make. The bottom 20% of agents make closer to $27,000 and the top 20% make around $129,000.
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How much do real estate agents make in each state?
For example, real estate agents in New York make $102,200 per year, on average. Agents in South Dakota, by comparison, make $45,550 per year. See the map below for a complete state-by-state breakdown. How Much Do Real Estate Agents Make Per Year? Real estate agents earn $62,990 per year, on average.
How much does a real estate broker make?
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.
How do Realtors get paid?
How Do Realtors Get Paid? Real estate agents攚hether they are Realtors or not攁re typically paid a percentage of the commission the listing broker earns on the transaction. Here’s an example. Say an agent takes a listing on a $200,000 house at a commission rate of 6%. This equals a total commission of $12,000.
How much Commission do real estate agents get paid?
Real estate agents earn their annual income through commission paid directly to brokers upon successful completion of a sale. The typical percentage of commission that agents receive is five to six percent of the home’s listing price, though this number can sometimes vary from one to 10 percent depending on the specific agreement.