What is the earning and benefits of a real estate agent?

Answer

Real Estate agents get paid on a commission basis. The percentage of commission varies between companies and your experience level. Commission splits can range from 50% to 100% with the agent being responsible for costs of advertising, signs, marketing, etc.

Each company is different, it would beneficial to interview a couple of different companies to see which one would better suit you.

Since you are paid on a commission basis your earnings amount would be based on just how hard you work. Most top level real estate agents work alot of hours and are always 'on the clock" looking for prospects.

Real Estate is not a 9 to 5 job but if you work hard and follow up on leads and market yourself well you can make a very good living.

The benefits are that you are not stuck to a desk and you can schedule your appointments to fit your schedule (most of the time). This job could be done on a park bench with a laptop and a cell phone, but, you have to be diligent. This is a business that you earn as much as how hard you work. You just can't sit back and wait for customers to come to you.

Answer

The earnings are based off of your commissions and commission rate. It really depends on how many properties you can close on and how much does your broker charge you for sponshorship. Sometimes the brokers can charge you up to 50% of your profit which is a large chunk. I personally am going whith a private brokerage to cut down the cost of the name recognition of a large well known broker. I suggest that you continue to look into it, real estate can be a very rewarding career.

First answer by Cjdels. Last edit by ID1174643166. Question popularity: 6 [recommend question]