On average, members of the National Association of Realtors complete 12 transactions each year.
Newer real estate agents will likely sell even fewer houses, and have lower incomes.
According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive.3 days ago
How fast can you make money as a real estate agent?
Overall, real estate brokers and sales agents earned a median income of $50,300 a year in 2018, according to the U.S. Bureau of Labor Statistics (BLS). “Median” means that half earned more than this, and half earned less. Top real estate agents make a lot more, and agents who sell one home every few months earn less.
Is real estate agent a good job?
Becoming successful and making a sustainable income as a real estate broker or sales agent is hard work and, in most cases, requires a substantial commitment of time, effort, and even money. Read on to see whether a real estate career is a good fit for you.
How much do real estate agents earn?
Real estate agent salaries vary widely based on experience, location, employer firm and whether they sell residential or commercial properties. Commissions and bonuses can earn some agents up to an additional $80,000 on their annual income.
Can you make money as a part time realtor?
Part time real estate agent income
Agents who work less than 20 hours a week make about $30,000 a year. Agents who work between 21 and 40 hours a week — still part time — earn about $56,000 a year.