how much do real estate agents make in nyc
Best answer
$116,460
People also ask
How much does a real estate salesperson make in New York?
How Much Does the Average Real Estate Salesperson Make in New York State? According to careerexplorer.com, the average salary for a real estate agent in New York State is around $116,460 per year. Obtaining your real estate license is quite quick and easy. However, having a real estate license does not guarantee a high income.
What is the average real estate commission in NYC?
The average real estate commission in NYC is between 5% to 6% of the sale price. According to recent articles by the New York Times and The Economist, the national average real estate commission charged by real estate agents to sell a home stood at 5.4%.
How do NYC real estate brokerage firms make money?
Each brokerage firm will earn 3% of the sale price on the transaction. When a listing agent is hired by a seller, the agent will typically post the listing along with the real estate commission in a local NYC brokerage database so other agents will see it and try to find a buyer.
What is the average realtor salary in Toronto?
So if you檙e wondering what the average realtor salary in Toronto is, let base this on a realtor who has had ten transactions in a year ?because we wouldn recommend you work with an agent who has fewer transactions than that! Using Toronto average home price of $840,211 a real estate agent commission of 2.5% would be $21,005.