Nearly every agent is 100% commission. This does not mean they get paid equally however. Many agencies have different requirements for commissions splits, some more and some less As far as average salary goes, it's around 20-30k in your first year. Average is around 40-50k. With that being, some agencies are better than others in terms of training and lead generation. In my particular office the average starting salary is 70k and most agents break 6 figures in their second year. Also note that this is a contractors salary not a w2 worker, so I would not directly compare the salaries to a standard job without making adjustments for payroll tax, health care, PTO, etc.

The jobs I've seen (and all of them if my understanding is correct) are strictly commission. It's a plus or minus depending how you look at it. If you're really good and sell expensive properties you can make good money, but you're in the clock basically 24/7 at that level.I'm sure someone else who has had the job can give you more detail, but that's my ushers random based on my research and the one interview I've had.

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Updated about 8 years ago on 02/08/2017. Most recent reply

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Justin GonzalezPoster

North Bergen, NJ

Real Estate Agent

What's the pay like?

Justin GonzalezPoster

North Bergen, NJ

Posted February 08, 2017 17:49

Hello everyone, Just a question out of curiosity. Do real estate agents only get paid by commissions or is there a hourly wage/ yearly salary as well?

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