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Real estate agents don't receive an upfront payment from the seller of a home they represent. Instead, they receive a percentage of the sales price in the form of a commission. While commission percentages follow a general rule, they are not set in stone.
Unlawful sexual behavior (including the Colorado crime of rape) Colorado human trafficking crimes. Colorado stalking crimes. Colorado arson crimes.
First Year Real Estate Agent Salary. $65,000 is the 25th percentile. Salaries below this are outliers. $100,000 is the 75th percentile.
To earn your real estate license in Colorado, you must be at least 18 years of age, register for 168 hours of required education, submit to fingerprinting and a background check, complete your required education, register for and take the Colorado broker licensing exam, and find a sponsoring broker.
What percent commission do most real estate agents charge? The traditional standard commission is 6 percent of a home's purchase price, which is split evenly (3 percent each) between the buyer's agent and the seller's agent.
That makes Colorado the fifth top-paying state for real estate agents, coming in behind New York, Massachusetts, Connecticut, and Alaska. Because these numbers reflect the annual mean wage, they're just the average ? meaning you could potentially earn a lot more if you put in the effort.
If you have less than two years of active experience as a salesperson or broker, you qualify for the associate broker, FA credential. Education requirements for a salesperson credential (120 hours of education) 48 hours, Colorado Contracts & Regulations.
First Year Real Estate Agent Salary in Colorado. $61,700 is the 25th percentile. Salaries below this are outliers. $94,900 is the 75th percentile.