Is it hard to make money as a real estate agent?
The top real estate agents can make a lot of money, but most agents make similar wages to other industries.
The median gross income of Realtors was $39,800 in 2017, according to the National Association of Realtors.
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 long does it take to make money as a real estate agent?
On average, members of the National Association of Realtors complete 12 transactions each year. If the average real estate agent earns $5,000 per transaction (after expenses), they would net $60,000 annually. However, these real estate agents have an average of 10 years of experience.
How much does a real estate agent make?
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.