Originally posted by @Ron Turner:
Hello everyone,
I'm considering pursuing a career as a real estate agent, and would like to have existing agents chime in if you could! I've read many books and watched countless videos on the experiences and challenges of the industry, but always seem to find the same Google answer when trying to get a general idea of what to expect salary-wise the first, second, or third year as an agent. According to salary.com, agents earn an average salary of $36,000 (USD) per year. But this includes all info from all levels of experiences, and includes both full-time and part-time agents (making the info very vague!).
I was hoping some people could leave some feedback on what to expect income-wise my first, second, and third years as an agent. Let's assume I am working 40 hours a week, and I'm in a pretty big market (Atlanta). I'm NOT asking people for exactly what they earn each year, just some ranges perhaps on what to expect!
Thanks in advance!
Based on the current market activity and number of new agents entering( of which a bunch don't even know what they are doing)
Get ready to prospect, prospect and prospect.....And prospect. Listing homes is super competitive right now. You have to get your name out there and get some sort of deals done to get homeowner's comfortable with listing with you.
Just as working with buyers, it's the least desired side of the transaction but then again it also depends on what your strengths are either Listing or working with buyers.
Do you have any background in real estate?
Just out of curiosity what drove you to become an agent?
I originally got my license for investment purposes to list and sell my own deals, but it's also nice when i close on regular transactions from referrals I receive and help either sell or buy for my clients.