How much do real estate agents make? We surveyed agents across the country and found a lot of the time, the answer to that question depends on what niche they’re in. According to our nationwide survey, there can be as much as a $35,000 difference in average earnings depending on what real estate agents specialize in.
How much do real estate agents make?
Here’s are the most profitable real estate specialties according to our survey.
5. Green or eco-friendly properties, $78,672
Agents who specialize in eco-friendly buildings work in the fifth most profitable niche in real estate. What’s an eco-friendly building? Think LEED-certified. LEED is a global standard for energy efficient buildings. To be LEED certified, a building must attain a certain amount of LEED credits through a rigorous process. Real estate agents who are educated in this process, as well as other methods of being eco-friendly, have an advantage over others.
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4. Investment properties, $79,072
Getting into real estate investing might sound intimidating, but there are investment strategies that any beginner can use.
3. Foreign investment, $79,706
Real estate agents who pay attention to foreign markets and can leverage their dollars to invest in timely properties overseas earn a similar amount, though slightly more, than agents who find success investing domestically.
2. Relocation, $90,015
Relocation can be lucrative for real estate agents because normally the clients are buying and selling executive-level homes. There could be two transactions in the cards for the agent, not to mention a job well done could generate more referrals in this exclusive space.
1. Commercial properties, $91,208
How much do real estate agents make at the top end of the scale? The answer is almost six figures for the average commercial real estate agent, which came in as the highest income out of all the agents we surveyed. Becoming an expert in commercial real estate could take more training — but it shows that more training pays off in this case.
Learn how to make more in real estate
Asking, “how much do real estate agents make?” is one thing, but asking “how can I make more?” is another question altogether. Making more might mean changing niches, finding a new broker or continuing your education. Whatever it is, choose the one task you can start today that can help you earn more in the following year.