Question: How much does a LA real estate agent make?

How much money does a real estate agent make in Los Angeles?

While ZipRecruiter is seeing salaries as high as $158,821 and as low as $13,235, the majority of Real Estate Agent salaries currently range between $55,057 (25th percentile) to $105,880 (75th percentile) with top earners (90th percentile) making $115,409 annually in Los Angeles.

How much does a Hollywood realtor make?

Salaries by years of experience in West Hollywood, CA

Years of experience Per year
1 to 2 years $264,668
3 to 5 years
6 to 9 years $336,558
More than 10 years $329,738

How much does a Beverly Hills realtor make?

How much does a Realtor in Beverly Hills, CA make? The highest salary for a Realtor in Beverly Hills, CA is $136,403 per year. The lowest salary for a Realtor in Beverly Hills, CA is $40,644 per year.

How much does a California Realtor make a year?

According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents. Hard work is essential to high salaries, however.

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Why do Realtors get 6 percent?

This commission is taken right off the top of the selling price of the home, so many sellers don’t really feel the impact because they never had the money to begin with. … This rate landed at around 6% of a home’s selling price, which included commission for both the buyer’s and the seller’s agents.

Is real estate a good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

What is Realtor salary?

REALTOR median yearly income is around $49,700. REALTORS with 16 years of experience or more averaged nearly $86,500 per year. 27% of REALTORS earned more than $100,000 per year.

What is the highest paid real estate agent?

Here’s a breakdown of the top-10 states in which real estate agents earn the most money on average:

  • New York average real estate agent salary: $111,800.
  • Massachusetts average real estate agent salary: $84,180.
  • Connecticut average real estate agent salary: $79,780.
  • Alaska average real estate agent salary: $79,360.

How difficult is the real estate exam?

Real Estate Exams Can Be Difficult: Many Test Takers Fail

Across the country in California, the pass rate also hovers around 50 percent. … The real estate exam is a knowledge test. It does not test applicants on information that they will intuitively know. In other words, you must study to pass this exam.

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What job makes the most money?

What job makes the most money?

  • Psychiatrists (≥ $208,000).
  • Oral and maxillofacial surgeons (≥ $208,000).
  • Obstetricians and gynecologists (≥ $208,000).
  • General internal medicine physicians (≥ $208,000).
  • Surgeons, except ophthalmologists (≥ $208,000).
  • Anesthesiologists (≥ $208,000).
  • Prosthodontists (≥ $208,000).

What is the difference between a realtor and a real estate agent?

Real estate agents have a professional license to help people buy, sell, and rent real estate. … A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR). Members must comply with NAR’s strict Code of Ethics.