How Much Do Real Estate Agents Make?

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

This story will explain how much real agents make and what other factors to consider.

Real estate agents earn money when they sell a real estate property, such as a house, and receive a commission for it.

How Do Real Estate Agents Get Paid?

Real estate agents only get paid when a seller transfers their property ownership to the buyer.

When Do Real Estate Agents Get Paid?

The average real estate wage for real estate agents ranges from $42,000 to $49,000 annually.

How Much Do Real Estate Agents Make?

Out-of-Pocket Expenses

Real estate agents operate like contractors or small business owners. Several expenses can chip away at their commission check. 

Factors That Can Improve A Real Estate Agent’s Income

Certain factors can help increase an agent’s income above the average salary.

Although a 6% commission rate is the average, some real estate agents charge a higher commission on the listing agreement due to their experience.

Experience

Agents that expand their clientele outside homeowners can also increase their take-home pay.

Property Type

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