How Much do Real Estate Agents Make? + 3 Steps to Become One

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

How Do Real Estate Agents Get Paid?

Real estate agents don’t receive a base salary. Instead, real estate agents earn money when they sell a real estate property, such as a house, and receive a commission for it.

When Do Real Estate Agents Get Paid?

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.

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?

How to Become a Real Estate Agent

Take Pre-Licensing Courses  New York only requires 75 hours of salesperson qualifying education courses in real estate.

Take Real Estate Salesperson Exam

It’s to your advantage to take the exam sooner rather than later while the information is still fresh in your mind.

Join a Brokerage

Agents are not allowed to sell houses independently. Instead, agents must join a real estate brokerage, where a broker will oversee all the agent’s transactions.

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