3 Responses to “What is the average salary for a Real Estate agent?”

1. PI
   Comment by PI | 04/06/09 at 9:46 am

   Oakland office space

   ZERO…a Realtor generally works on commission only. Nowadays the average is circa ***$30,000.

2. Real Estate Guy
   Comment by Real Estate Guy | 04/08/09 at 9:10 pm

   Malibu homes

   $0 to 1million+

   The average would be around 35,000. However, the income that you could earn really is unlimited.

3. PapaSmurf
   Comment by PapaSmurf | 04/10/09 at 7:34 am

   merchant cash advance

   The National Association of Realtors published sometime this year that the average agent does a little over 1/2 a transaction per month (0.6).

   Most agents work off a split with their company. Let’s say 60/40 split. That means the agent gets 60% of the commission and the office gets 40%.

   Now you have to know what the average sales price in the area is. I’m in Salt Lake City, Utah. The average sale is around $290,000.

   So 7.2 transactions per year would yield 7.2 x $290,000 = $2,088,000 gross sales.

   Each office normal gets a 3% commission and the agent gets 60% of that or 1.8%.

   So 1.8% of $2,088,000 is $37,584.

   Therefore in Salt Lake City, Utah the average agent would make $37,584.

   Just plug in the average sales price for the area you are interested in.

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