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How much do real estate salespeople make boston

how much do real estate agentsmake
Get enough clients to be able to close just one $2M deal a month and you'll easily clear $500K a year. If you can average two $1.5M deals a month, very doable for a single person, and you're at $1M a year. Add a bit of property management, flipping, and investing on the side and it's not a bad income.

Do real estate agents make good money in Massachusetts?

$71,700 is the 25th percentile. Salaries below this are outliers. $110,300 is the 75th percentile.

How much do real estate agents make in Massachusetts?

On average, real estate agents make $84,459 per year according to salaries reported by Indeed users.

What is the highest paid type of real estate agent?

High Paying Real Estate Agent Jobs
  • Real Estate Officer. Salary range: $73,500-$134,500 per year.
  • Commercial Real Estate Agent. Salary range: $67,000-$125,000 per year.
  • Real Estate Rep.
  • Licensed Real Estate Agent.
  • Real Estate Broker.
  • Real Estate Salesperson.
  • Realtor.
  • Real Estate Sales Manager.

How much do top 1 real estate agents make?

Each real estate office sets its own standards for top producers, but it's safe to say that a top producer would have to sell at least one home per month to qualify. 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.

Is it worth becoming a real estate agent in Massachusetts?

Massachusetts is one of the best places to be a real estate agent in the country, and there are tons of opportunities available if you persevere. A career in real estate isn't always glamorous, but it is incredibly fulfilling to hustle and make it on your own - especially when that hustle can earn you a nice profit.

Is it hard to be successful in real estate?

Key Takeaways. Working as a real estate agent or broker can be fulfilling and financially rewarding, but it's not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

Frequently Asked Questions

Is it worth being a real estate agent in Massachusetts?

Massachusetts is one of the best places to be a real estate agent. Don't take our word for it: check out this study conducted by WalletHub. Boston, MA ranks #4 among the top 150 places in the country to work as a real estate agent.

How to make $100,000 your first year in real estate?

To make $100,000 a year real estate agents will need to focus on constant lead generation to maintain and grow their database. Taking action on priority tasks, not getting distracted by shiny objects. And be extremely consistent even when busy or when things don't feel like they're working.

What real estate agents make the most money?

High Paying Real Estate Agent Jobs
  • Real Estate Officer. Salary range: $73,500-$134,500 per year.
  • Commercial Real Estate Agent. Salary range: $67,000-$125,000 per year.
  • Real Estate Rep.
  • Licensed Real Estate Agent.
  • Real Estate Broker.
  • Real Estate Salesperson.
  • Realtor.
  • Real Estate Sales Manager.

How much do realtors make in Boston?

As of Oct 21, 2023, the average annual pay for a Real Estate Agent in Boston is $86,753 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.71 an hour. This is the equivalent of $1,668/week or $7,229/month.

How much do top 1 realtors make?

Each real estate office sets its own standards for top producers, but it's safe to say that a top producer would have to sell at least one home per month to qualify. 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 much do top 10% realtors make?

Nationwide, real estate agent salaries range from an average of $28,270 for the bottom 10th percentile up to $102,170 in the top 10th percentile.

What is a good salary in Boston?

Average Salary in Boston, MA
Annual SalaryWeekly Pay
Top Earners$110,170$2,118
75th Percentile$104,100$2,001
Average$80,579$1,549
25th Percentile$57,058$1,097

FAQ

Can you make $1000000 a year in real estate?
If You're Going to Dream, Dream Big (and Plan Even Bigger) Consider what it would take to make $1 million in gross commissions your first year selling real estate (before expenses and taxes). It would involve selling approximately $50 million of real property with an average salesperson commission of 2%.
What is the highest-paid type of real estate agent?
High Paying Real Estate Agent Jobs
  • Real Estate Officer. Salary range: $73,500-$134,500 per year.
  • Commercial Real Estate Agent. Salary range: $67,000-$125,000 per year.
  • Real Estate Rep.
  • Licensed Real Estate Agent.
  • Real Estate Broker.
  • Real Estate Salesperson.
  • Realtor.
  • Real Estate Sales Manager.
How much do home stagers make in Massachusetts?
As of Oct 18, 2023, the average hourly pay for the Home Staging jobs category in Massachusetts is $20.44 an hour.
How much does a real estate agent make in Boston MA?
As of Oct 18, 2023, the average annual pay for a Real Estate Agent in Boston is $86,753 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.71 an hour. This is the equivalent of $1,668/week or $7,229/month.
How much does a home stager earn in the US?
$34,000 is the 25th percentile. Salaries below this are outliers. $48,000 is the 75th percentile.
How much does Home Staging pay in Texas?
Home Staging Salary in Texas
Annual SalaryHourly Wage
Top Earners$50,451$24
75th Percentile$44,000$21
Average$34,255$16
25th Percentile$31,200$15

How much do real estate salespeople make boston

Can you make money as a stager? The top 15% of home stagers earn between $48,000 and $81,000. (Note: The average salary of a home stager works out to be around $48,000, thanks to these outliers.) If you are running your own home staging business, you will likely bill a rate of anywhere from $100-$200 per billable hour.
How much does a Real Estate Agent make on average in Massachusetts? $86,206 a year As of Oct 22, 2023, the average annual pay for a Real Estate Agent in Massachusetts is $86,206 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.45 an hour. This is the equivalent of $1,657/week or $7,183/month.
How much do most real estate agents make yearly? Real Estate Agent Salary in Los Angeles, CA
Annual SalaryMonthly Pay
Top Earners$136,821$11,401
75th Percentile$109,500$9,125
Average$98,185$8,182
25th Percentile$71,100$5,925
What is the average salary for a Real Estate Agent in Boston? As of Oct 16, 2023, the average annual pay for a Real Estate Agent in Boston is $86,753 a year.
Is Boston a good place to be a Real Estate Agent? Boston, MA ranks #4 among the top 150 places in the country to work as a real estate agent. So what does this mean in practice? 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.
How much do realtors make in Massachusetts? $71,700 is the 25th percentile. Salaries below this are outliers. $110,300 is the 75th percentile.
  • Is real estate a good career in Massachusetts?
    • The Massachusetts real estate market offers promising career opportunities, attracting individuals who seek a dynamic and potentially lucrative profession. Among the many factors that entice aspiring agents is the potential income they can earn.
  • What percentage do most realtors get?
    • Nowadays, real estate commissions can be negotiated, and they typically run about 5 percent to 6 percent of a home's sale price. The exact terms of an agent's commission vary from sale to sale, and can depend on the region and which firm they work for.
  • What state pays the most in real estate?
    • According to Glassdoor's data, the top five highest-paying states for real estate brokers are Montana, Missouri, Massachusetts, California, and South Carolina.
  • What type of realtors make the most money?
    • The 6 Highest Paying Real Estate Careers with Good Salaries
      • Home Inspector. If you already have a good main job and are looking for a part-time gig to maximize your income, you can work as a home inspector.
      • Real Estate Lawyer.
      • Real Estate Broker.
      • Commercial Real Estate Agent.
      • Property Manager.
      • Corporate Real Estate Manager.
  • Do staging companies make a lot of money?
    • The real wealth is in owning and operating a home staging business. Many of these entrepreneurs generate more than a million dollars in annual revenue, and maintain a 20-30% profit margin.
  • Is real estate staging worth it?
    • Several studies have shown that home staging can be a worthwhile investment. By investing 1.3 percent of a home's value in staging, 73 percent of sellers saw a return of over 7.1 percent, according to RESA.

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