How much does a MA real estate agent make?

How much does a realtor make in MA?

The average salary for a real estate agent in Massachusetts is around $58,760 per year.

Do real estate agents get paid well?

Among real estate agents, the mean income of $82,045 is 50 per cent higher than the median income of $54,539. This suggests that the average is being elevated by those earning very large sums. It is one profession with a ”rock-star pay gap” – where the mean and median incomes differ greatly.

Is real estate a good career in Massachusetts?

Boston, MA ranks #4 among the top 150 places in the country to work as a real estate agent. … It means that real estate job opportunities abound, and that you’re more likely to be able to get a job in Massachusetts than somewhere else. It also means that you can expect good pay and a healthy housing market.

How much money do Realtors make starting out?

10 States Where Real Estate Agents Earn The Most Money

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Rank State 2017 Mean Annual Wage
7 Pennsylvania $66,550
8 Wyoming $64,500
9 Virginia $64,290
10 Colorado $63,320

How much do top 10% Realtors make?

In 2020, the median pay for real estate agents in the U.S. was roughly $49,000. The lowest 10% of earners made less than $25,000, while the highest 10% of earners made more than $112,000.

How much do Realtors make on Cape Cod?

Salaries by years of experience in Cape Cod, MA

Years of experience Per year
1 to 2 years $76,043
3 to 5 years
6 to 9 years
More than 10 years $99,774

What is the highest paying job?

Highest-Paying Careers

Rank Occupation 2020 Median wages
Annual
1 Anesthesiologists $100.00+
2 General Internal Medicine Physicians $100.00+
3 Obstetricians and Gynecologists $100.00+

Who makes the most money in real estate?

Real Estate Broker

A career as a real estate broker is one of the highest paying and lucrative professions in the real estate industry. On average, experienced brokers take home a six-figure pay.

Why do real estate agents get paid so much?

Real estate commissions are usually paid entirely by the seller and are significant. … The biggest reason a real estate agent gets paid so much is they are worth it! A real estate agent will usually sell your house for much more money than if you sold it yourself.

How much does a real estate agent make in 1 year?

For example, an average real estate agent working at a national franchise can expect to pull in an average of $52,064 annually. On the other hand, real estate agents who report being self-employed earn an average of $77,559 per year.

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What degree do you need to be a real estate agent?

If you would like to become a real estate broker, most states require you to have several years of experience as an agent and to pass an additional exam. Although you don’t need a degree to become a real estate agent, having one lets you stand out from the crowd when looking for places to work.

What do 2021 Realtors make?

The average salary for a realtor is $86,295 per year in the United States. However, most realtors work on a commission basis and the above salary average can vary by state, city and current market values.

How can I make 100k a year?

25 jobs where you can earn more than $100,000 a year

  1. Physician. Median base salary: $180,000. …
  2. Lawyer. Median base salary: $144,500. …
  3. R&D manager. Median base salary: $142,120. …
  4. Software development manager. Median base salary: $132,000. …
  5. Pharmacy manager. …
  6. Strategy manager. …
  7. Software architect. …
  8. Integrated circuit designer engineer.

How much do real estate agents make a year 2021?

The average annual salary for a real estate agent in the United States is $94,031. Per month, they earn $6,658, on average.