how much do real estate agents make
Best answer
$40,000 to more than $1 million annually
People also ask
How much do Realtors make on average a home sale?
On paper, listing agents receive $7,173 to $10,422 from the average home sale, while a typical buyer’s agent commission ranges from $7,176 to $9,576. However, the average realtor’s take home pay in the U.S. is only around $5,311.
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).
How are real estate agents paid based on sale price?
Real estate agent commission is earned based on the sales price of the home; they will receive that commission only after the transaction goes to settlement. How much do real estate agents make? Commissions are negotiable between listing agents and their clients.
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.