how much does real estate make

Best answer


$86,295

People also ask


  • How much do real estate agents make a year?

  • The typical take-home pay for an agent on a $255,739 home (the nationwide median home value) is $4,350. Theoretically, an agent needs to make approximately 14-15 home sales in a year to earn the national average income. How Much Do Real Estate Agents Make Per Hour?

  • 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 do real estate brokers make money?

  • Like real estate agents, a broker usually earns commissions. To buy or sell real estate, an agent must work for a broker. In exchange for training, tools, mentorship and oversight, a broker earns a capped commission on their agents’ sales. Additionally, a broker can earn money through other sources.

  • 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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