How much does a realtor make in AZ?

What is a realtors commission in Arizona?

The average realtor commission in Arizona is 5.36%, which equates to a typical realtor fee of $19,100 for an average home in the state. ℹ️ Knowing the standard commission rate in your area can help you avoid overpaying for a realtor and accurately estimate costs when you sell your home.

Do real estate agents make good money in Arizona?

The average salary for a real estate agent in Arizona is $50,640, which is about 6% less than the national average, but the range is really wide. Agents in the bottom 20% of salaries earn $24,600 on average, while those in the top 20% earn closer to $104,500 per year.

Do real estate agents make a lot of money?

According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents. Hard work is essential to high salaries, however. … In order to become a top earner, agents must commit time, energy, and money.

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How much money do Realtors make starting out?

10 States Where Real Estate Agents Earn The Most Money

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 Realtors make in Scottsdale?

The average salary for a real estate agent is $117,334 per year in Scottsdale, AZ. 144 salaries reported, updated at December 2, 2021.

Do real estate agents get paid hourly?

No, real estate agents do not get paid hourly. Instead, agents work on a commission basis. The amount of money an agent earns in commission will depend on various factors and will likely be different for every agent.

What are the perks of being a realtor?

Here are some of the advantages of being a real estate agent:

  • Flexible schedule. As a real estate agent, you’re your own boss and can schedule your day to fit your personal life. …
  • Unlimited income potential. …
  • Helping your clients. …
  • Career mobility. …
  • Business growth. …
  • Client referrals. …
  • Longer hours. …
  • Slow periods.

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+

How do I become a Realtor in Arizona?

5 Steps To Get An Arizona Salesperson License

  1. Complete 96 hours of approved pre-licensing education. Arizona is a non-reciprocal state. …
  2. Pass The CE Shop course final exam. …
  3. Obtain required documents. …
  4. Schedule and pass the Arizona Real Estate exam. …
  5. Apply for your license.

How many houses do I need to sell to make 100k?

How many houses does an agent have to sell to make $100,000 a year? If you are selling $100,000 houses and paying 40 percent of your commission to your broker you would have to sell over 50 houses a year to gross $100,000 a year.

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How much do the top Realtors make?

Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.

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.