Once licensed, an agent has unlimited earning potential.
But, finding clients can be the most challenging part of earning income in real estate.
Although a less common business structure, some real estate businesses offer agents a base pay plus a commission option.
What is a real estate agents base salary?
Average Real Estate Agent Salary. The average salary for a Real Estate Agent is $48,005.
Does Keller Williams pay a base salary?
Real Estate Agent salaries at Keller Williams can range from $1 – $212,599. When factoring in bonuses and additional compensation, a Real Estate Agent at Keller Williams can expect to make an average total pay of $66,272 . See all Real Estate Agent salaries to learn how this stacks up in the market.
Do real estate agents make good money?
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.
Do real estate agents make salary and commission?
Most real estate agents make money through commissions – payments made directly to real estate brokers for services rendered in the sale or purchase of real property. A commission is usually a percentage of the property’s selling price, although it can be a flat fee.