How Much Does The Real Estate Agent Make Per House? - Real Estate Information
If you have
ever wanted to peek at your real estate agent's tax return to find how much
your agent earns a year, you're not alone. However, not all real estate agents
earn the same amount of money.
On average, though, according to Salary.com, most real estate agents earn a median salary of about $36,000.
For starters, real estate agents enter the
profession from all walks of life with varying levels of education and
motivation. Some become a real estate agent for the money, while others are
attracted to the glamour, excitement, and challenges of selling the property.
Others want
to be part of a profession that helps others to accomplish dreams. For many, a
real estate career offers the opportunity to be your own boss, and that reason
is a motivating factor for those who want to get out from under the thumb of
corporate America.
How Much
Does The Real Estate Agent Make Per House?
Whatever the
reason for becoming a real estate agent, the fact remains that first-year real
estate agents earn very little at first, primarily because they are struggling
to learn the business while they build a client base.
As the years go by,
agents can rely on referrals from satisfied clients to continue building their
business. They learn other ways to attract clients.
On average, though, according to Salary.com, most real estate agents earn a median salary of about $36,000.
The top producer agents make a lot more, and the agents who
sell one home every few months earn so much less than some of those agents are
part-time.
The part-time agents tend to supplement income through a full-time
day job doing something else.
How much agents make depends on the number of transactions they complete, the commission
paid to the brokerage and their split with the sponsoring broker.
Agents who
are just starting out typically receive a low commission split while they learn
the business.
It is not unusual for a first-year agent to receive about 50
percent of the commission paid to the broker.
Click here to get more details about how much do realtors make from a single home?
Source: thebalance
Click here to get more details about how much do realtors make from a single home?
Source: thebalance
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