When we think of the real estate industry and real estate sales agents, we think of luxury, expensive homes, nice cars and we wonder about all of that money that they make from their sales commissions.
What makes their life so great and their income so high?
How Satisfied Are Real Estate Agents with Their Career?
The fact is that almost all realtors are pleased with their choice in their career. In reality, they’re allegedly 28% more fulfilled in their careers than American workers throughout all professions.
They’re also very optimistic about what’s next in their exciting real estate career…
…with 80 percent of brokers and 85 percent of
agents indicating their future looks bright!
This positive energy is fueled by what respondents categorize as a strong and growing economy.
Reasons Why a Real Estate Profession Is So Rewarding
While most realtors don’t make additional benefits beyond their commission break, they nevertheless outpace national career satisfaction numbers.
Realtors are allegedly fulfilled in their careers more than American workers across all professions.
Real Estate Salespersons Income Overview
A real estate salespersons earnings are based on many different factors, such as years of experience working, hours worked, marketplace conditions, specializations and much more.
Within this section, we’ll emphasize the top factors that influence an agent’s earnings.
Common factors that influence a realtors income
Realtor income rises with expertise and hours worked, as is the situation with the most livelihood.
It’s essential for all those seriously considering an actual career in the real estate industry to find helpful resources and communities to keep them engaged and growing within their 1st year, as they’ll see a payoff in two.
With respect to hours worked a week, realtors need to find their sweet spot between work-life balance and their earnings desires. Among the best things about a career in real estate is that brokers get to make this decision for themselves.
As people enter the real estate profession, they usually pick a place or two to grow their expertise.
8 out of 10 realtors are very pleased with their career choice
A healthful work-life balance, robust brokerage service, an adaptive approach to technology and a respectable income are reasons they mention for their own happiness.
Agents that consistently find quality leads make nearly $100,000 more per year than those that don’t. That’s not surprising whenever you consider real estate is a business built mostly on lead generation.
Agents who’re specialists at winning multiple listing service (MLS) listings over other brokers earn 3.7 times the earnings as people who’re neglecting at winning the listings.
The key to winning the list is really listening to and comprehending your prospective customer ‘s needs and goals. Subsequently, you are able to personalize your approach to their list.
Agents that invest in their own real estate education from a TX real estate school as well as stay up-to-date on business trends and best marketing and sales practices make 2.5 times the earnings of brokers who’re failing in this area. Now, more than ever before, it’so important to invest in yourself and your career as a realtor.
There are so many opportunities that present themselves out of professional development classes and news sites to social network and conferences making education a necessity.
Real estate brokerages are always looking for more realtors to add to their sales team. This means that if an agent is unhappy with their broker, there are always many other places they can work and keep making big money.
Overall, being a real estate professional is hard work but for many, it’s given them the life that most people just dream about. If you have considered a career change and want to go into the real estate industry the first place to start is getting your real estate license. There are education training options now so you don’t even have to go to a classroom. You can even do all of your education from home over the Internet!
Once you have your license to sell (in your particular state) then you can begin your new career and start the next chapter of your life and work to build the life of your dreams.