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A majority of real estate professionals get into the business because they want a flexible schedule and it's true, in real estate you are your own boss and can arrange your day so that you're able to attend your child's sporting event or be home for the after-school rush. You don't clock in and clock out every day.
According to the Bureau of Labor Statistics, the average real estate agent earns $45,990 each year, but the range in income is massive. One-tenth of real estate agents earned less than $23,000, and 10% earned more than $110,000.
Most Realtors work different hours each week, sometimes starting early in the morning and ending in the afternoon, or beginning the day in the afternoon and working into the evening. There are many weekends Realtors may need to work, particularly when hosting open houses which are usually scheduled on Sundays.
Real estate agents get paid commission, meaning they will get paid any time they help a client buy or sell property rather than earning a weekly paycheck.
The average salary for a real estate agent is $94,414 per year in Mississippi.
A good real estate agent doesn't just sell propertiesthey sell themselves. It's important to show your real personality. People will respond to you if you have a great attitude, are personable and honest, have confidence in your abilities, and are interested in helping them and others.
Most real estate agents aren't held to the Monday-Friday, 8-5 routine. Agents have some flexibility to work at the times and locations they see fit. But that doesn't mean agents can abandon the office for days on end or vacation at a moment's notice.
The average salary for a real estate agent is $63,074 per year in Springfield, MO.
Structuring Your Day as a Real Estate AgentPreparing a comparative marketing analysis (CMA) report to research listings that are active, pending, or recently sold.Determine the right listing price for the property.Preparing a listing presentation.Taking photos of the property.Coordinating with stagers.More items...
New agents expecting a short workweek are in for a rude awakening: Only 22 percent of real estate agents work fewer than 30 hours a week. Nearly half (49 percent) work 40 hours or more. What's more, over half (53 percent) say they work the same hours or longer today than they did their first year.