A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Why do real estate agents make so little money?

Best Answers

Why does a real estate agent make so much money on one sale? On the surface it may look like an agent makes a killing by making $6,000 on each side of the sale of one home. A real estate agent may work 10 hours or less on the listing side, which would equal $600 an hour for listing and selling a home. read more

The fact of the matter is that many real estate agents DO make a killing on individual transactions and many ALSO make an overall killing. Yet, many do not do well. According to the National Association Of Realtors data for 2013 the typical real estate agent made about $48,000, which is not that much. read more

They see a large commission that is thousands of dollars and think it's easy money, but agents who only make a couple of deals each year are really not making any money unless they have another full-time job and keep their real estate business overhead very low. read more

The median real estate agent salary is $33,900, but this varies widely based on several factors. Click to learn more about how much real estate agents make. read more

Encyclopedia Research

Related Facts

Related Types