Here's How Much Real Estate Agents Really Make
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If you’re considering starting a new career as a real estate agent, you’re probably wondering, “
How much do real estate agents make?
”
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We will explain how much real agents make and what other factors to consider. I’ll also cover the steps needed to become a real estate agent.
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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?
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Real estate agents
only
get paid when a seller transfers their property ownership to the buyer. Real estate professionals refer to this transaction as
closing
.
When Do Real Estate Agents Get Paid?
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The average real estate wage for real estate agents ranges from
$42,000 to $49,000 annually,
according to the following reports:
How Much Do Real Estate Agents Make?
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The
U.S. of Labor Statistics
shows that the median annual wage for real estate agents is $48,930 (May 2019).
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The
National Association of REALTORS (NAR)
reported a gross median income earned from real estate activities of $49,700 (2019).
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