Founded in 2012, Compass has been one of the largest U.S. residential real estate brokerage by sales volume for three consecutive years, with $184 billion in 2023, ing to RealTrends.
The average salary for a real estate salesperson or real estate agent is $87,390 per year . On average, a real estate broker makes $75,068 per year plus an additional $42,000 in commission. Both salaries can vary depending on geographic location, the housing market, experience and education level.
While ZipRecruiter is seeing salaries as high as $152,969 and as low as $12,336, the majority of Real Estate Broker salaries currently range between $64,100 (25th percentile) to $122,900 (75th percentile) with top earners (90th percentile) making $146,555 annually in California.
Oakland has been on a major discount since June 2022, when the rates doubled and it's not even close to peak of 2021/2022. Not by a long shot, there's been many great deals just sitting in Oakland, for those savvy buyers and investors. Oakland is extremely diverse and the location has a huge impact.
The Bay Area has the highest paying jobs in the country. Housing is extremely desirable and supply is extremely limited. The rise in prices is Econ 101. Even if more units are built in the future, land will forever remain finite.
Median household income in Oakland, CA is $94,389. In 2022, the place with the highest median household income in Oakland, CA was Census Tract 4047 with a value of $250,001, followed by Census Tract 4051 and Census Tract 4042, with respective values of $250,001 and $247,619.
$736,156. The average Oakland, CA home value is $736,156, down 4.0% over the past year and goes to pending in around 41 days.
To get a California real estate license online, you must first complete the following three 45-hour courses for a total of 135 credit hours. Next, you need to apply online using CDRE's online application service. Finally, you must pass the state and national portions of the exam with a score of 70% or higher.
Most Common Complaints Septic systems. Solar leases. Failure to disclose and Seller's Property Disclosures. Water rights. Miscommunication. Agent-owned property and additional supervision. Multiple offers. Unpermitted work.
A license may also be obtained by a person who does not immediately intend to be employed by a broker. However, a salesperson without an responsible broker may not perform acts requiring a real estate license.