By Deborah Ann Spence
Introduction
What is the average real estate agent’s income? That’s a great question, and the answer varies. However, in 2020, the average real estate agent made $60,490 working 20+ hours a week as a full-time agent. A part-time agent made roughly $21,000.
Furthermore, real estate agents love their jobs. Their satisfaction rate for successful real estate agents is over 80%.
You can find out more about the study that was conducted by Real Estate Express by reading the real estate agent income guide.
Income Fluctuations
Real estate agents earn income on commission. Because of the seasonal aspect of the real estate market, many agents work part-time. Furthermore, some agents have side hustles. Also, other agents begin a career in real estate after retirement. The retired agents can live off of their pensions or retirement income. They do so while navigating the roller coaster ride of commission income.
However, the best way to navigate the seasonal market is to constantly be on the gas pedal with marketing. Your first 30 days in real estate should set the tone for the rest of your career.
Lastly, as you read the income guide, keep in mind that the key to success as a real estate agent is aligning yourself with the right brokerage that has the culture and training you need to make it.
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