The average real estate agent earns between five and six percent of the commission from each home sale. Those who target higher-priced markets can jump-start their earnings. For example, a five percent commission on a house worth $200,000 would earn you $2,500. Conversely, a 5% commission on a house worth $350,000 would net you $4,375.
How Much Does a Real Estate Agent Make in the USA?
In order to earn more, it’s best to develop your skills and experience. You can do this through certifications and designations from the real estate industry. Certifications such as Certified Residential Specialist (CRS) can boost your income. Additionally, you can shadow an experienced agent to learn more about the industry.
The salary range for a real estate agent depends on many factors. A good agent can earn more than $100,000, but he or she must spend several years to achieve that level for St Louis real estate agents. To become a top agent, you’ll need to excel at finding quality leads, winning real estate listings, and staying updated with best practices.
Most agents make money on commissions from real estate transactions. They get between four and six percent of the sale price and split that commission with the buyer’s agent and the brokerage they work under. On average, listing agents make up about three-quarters of that amount.