How Much Do Real Estate Agents Make And How To Be Successful At It

If you’re considering starting a new career as a real estate agent, you’re probably wondering, “How much do real estate agents make?”

For instance, being a real estate agent is a commission-based job, which means there is potential to make serious money. On the other hand, your success is a function of your efforts.

This post will explain how much real agents make and what other factors to consider. I’ll also cover the steps needed to become a real estate agent.

How Do Real Estate Agents Get Paid?

Real estate agents don’t receive a base salary. Instead, real estate agents earn money when they sell a real estate property, such as a house, and receive a commission for it.

On average, a real estate agent commission is five to six percent of the purchase price. However, some agents are willing to negotiate with clients and offer a discount.

Real estate agents only get paid when a seller transfers their property ownership to the buyer. Real estate professionals refer to this transaction as closing.

When Do Real Estate Agents Get Paid?

The average real estate wage for real estate agents ranges from $42,000 to $49,000 annually.  The NAR reported that a REALTOR with more than 16 years of experience had a median gross income of $71,000.

How Much Do Real Estate Agents Make?

Real estate agents make money when a property sells. However, certain factors can help increase an agent’s income above the average salary. 1. Experience 2. Property Type 3. Lead Generation

Factors That Can Improve A Real Estate Agent’s Income

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