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.

    Similar Posts

    Leave a Reply

    Your email address will not be published. Required fields are marked *