How Much Money Does a Real Estate Agent Make a Year?


32 thoughts on “How Much Money Does a Real Estate Agent Make a Year?”

  1. Glad I stumbled upon your blog as this insight in timely. I’ve been working in corporate America for 12 years now. I have an MBA, a well-paid job, manage a team and as a high potential female, a lot of upward growth potential. I also have three kids, an even more type-A, workaholic husband that travels and I’m to a that point where I’m willing to give up $$ for a more flexible schedule that allows me to be more involved with my kids and their activities. But I still want a career that provides the potential to do well with more of a correlation to results. My family has always been in real estate, I work in commercial real estate (for a big bank) and I have always had a passion for the industry. I would keep our full-time nanny, so I’m not looking at part-time and would be dedicating myself to whatever job I take on, but I’m trying to balance that when the realty of evening and weekend work in the real estate industry and if I’d be trading out more precious time than I realize. The other concern is loosing corporate benefits when you work for a company the size of mine. Something real estate agents clearly don’t get and my husband’s would be about a $650 increase/month if we had to move under his policy. Your thoughts/guidance?

    • Hi Jennifer! Benefits are a huge consideration. I think you have to look at the time carefully. You don’t have to work every night and every weekend and if you are you need to hire another agent to help you. You will have to work some weekends and some nights, but not all the time. You also will have free time during the day to spend with your kids if they aren’t in school yet or during the summer. Real estate is much more satisfying than corporate if you ask me because of the direct correlation between work and results. It is not necessarily the most work you do equals the most money, but the smartest work you do makes the most money.

    • Hi Jennifer
      You seem like you have a lot of skills and success under your belt in real estate. I’m inspired by any person that can juggle many roles in life, (mother ,wife,business woman).do you mentor? I’m very new into this and I know I have along way to go,but right now all I can think of doing is being successful and happy in something I’d love to career wise.any insight would greatly considered. Best wishes .

  2. Hi Mark…I’m a 57 year old retiree. My husband was recently downsized out of a corporate position. I am thinking of getting my real estate license to help out our situation. I understand it will take some time to build a clientel. I live in a suburb of Indianapolis. Do you believe that any age can build a business in Real Estate? I don’t want to go back to a job that I am investing in someone’s elses future.

  3. Hey Mark, good read! I took my loan originating classes through pro schools online, passed everything, but never left my “9-5” job. I am a licensed plumber doing about 75k a year w some overtime. My wife is a nurse who just picked up our benefits and I’m really wanting a career change, real estate is right up my alley, however with 2 small kids, and not a ton of savings, I am struggling to make the jump. My company would allow me to work weekends to help with $, So that helps, i just want a career I can control, do later in life, and generate at least the income I do now! Any thoughts would be greatly appreciated!!

  4. I just tried to buy your book for six figures into real estate and for some reason it’s not allowing me to go through. I wonder if you still have that option available or not.

  5. Hi Mark, What is your advise for a mid 20 something year old agent? ( I am not an agent yet) I am going to start studying this month , I am the daughter of two real estate agents and they have been encouraging me for some time to get involved. My concern is, being “young”. What are the disadvantages? Will people trust their biggest investment to a young agent? What are your thoughts?

  6. Hi Mark. It’s a great article you wrote. I have a full time job providing engineering consulting, but I am interested in real estate and thinking of doing part time. Do you think going part time would be hard for making a career in real estate. I am really looking for another part time career that I could potentially earn a little on side. Please let me know your thoughts

  7. Thank you for the blog. I am a very successful Military recruiter. I definitely feel that I have the work ethic, interpersonal communication skills, as well as the leadership skills to help people find their next home. You answered many of my questions, however just as many people are scared to join the military, I am scared to leave. Has anyone heard of recruiters being successful in realty?

  8. Hi Mark,
    I have been interested in a career in real estate for some time though I can’t afford to leave my job right now to start full time without a consistent paycheck. Do you think starting part time might be a good way to get my foot in the door and save money to eventually be able to leave my current job for a full time real estate career?
    Thanks!

  9. Hello Mark, you said “houses” specifically. I live in Manhattan NYC which are primarily apartments. How does a person make 6 figures when there’s barely any houses in Manhattan? Is it really possible to make 6 figures dealing apartments?

    • Have you asked agents in your area how much they make? I imagine with the cost of living in NY, they would have to make a decent living to survive

  10. Hi Mark do you think you can make more money as a solo agent vs on a real estate team? And can you make over 150 to 200000.00 a yr on a team ? Thanks..

  11. I will be a registered realtor in three more months in a rural area in Manitoba, Canada. Is it harder for rural real estate agents to sell houses and I am new at this, could you give me some good advice on how to compete with the “ regular realtors” that have been around for years

    Thx Brandie

  12. I was thinking about becoming a real estate agent once I graduate high school. I was wondering if you have any insight on what to do (like what is the deal with becoming a Realtor, and where is the best place to live as a real estate agent). Also, I was wondering if you have any great tips for me.

  13. Hello,

    I am working in the Real Estate Title Industry right now. I love my job, but being a single mom, the money is not there. I don’t think I would be able to be a Realtor and work for the Title Company at the same time (might be against our employee policy) and I am nervous about not making enough to be able to afford our bills. Do you have any pointers for someone in my position?

    thanks!

    • It might be tough being at the title agency and an agent. As you said could be a conflict of interest. I would be careful. I think it is best to go full time right away but it is tough

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