How Much Do Real Estate Agents Make In Los Angeles How much does a Real Estate Agent make in Los Angeles CA Updated Dec 4 2023 Experience All years of Experience All years of Experience 0 1 Years 1 3 Years 4 6 Years 7 9 Years 10 14 Years 15 Years Industry All industries All industries Legal Aerospace Defense Agriculture Arts Entertainment Recreation Pharmaceutical Biotechnology
The top of the range for our active agents in 2021 was 90 998 and the bottom was 21 750 Chris Zhou the principal broker for Mont Sky Real Estate an agency based in New York told The average Real Estate Sales Agent salary in Los Angeles CA is 51 560 as of December 27 2023 but the range typically falls between 50 369 and 65 583 Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your profession
How Much Do Real Estate Agents Make In Los Angeles
How Much Do Real Estate Agents Make In Los Angeles
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How much do real estate agents make In 2021 the top five agents based on sales volume in Los Angeles did more than 1 billion worth of real estate transactions each according to the LA Business Real Estate Agent Salary in Los Angeles CA Yearly Weekly Hourly Table View 30 709 42 561 5 of jobs 42 562 54 413 11 of jobs 64 600 is the 25th percentile Salaries below this are outliers 54 414 66 266 10 of jobs 66 267 78 119 7 of jobs 78 120 89 971 16 of jobs The average salary is 96 024 a year 89 972 101 824
Of course real estate agents and brokers can make much more than that The highest 10 of agents earned more than 102 170 in 2021 while the top 10 of brokers made 176 080 They can rely on referrals from satisfied clients to continue building their business as years go by and they learn other ways to attract clients In 2020 the median pay for real estate agents in the U S was roughly 49 000 The lowest 10 of earners made less than 25 000 while the highest 10 of earners made more than 112 000
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How much do real estate agents make The average annual salary for a real estate agent in the United States is 94 031 Per month they earn 6 658 on average Agents working in large metropolitan areas like New York City and Los Angeles have the opportunity to make more than those who work in smaller or more rural locations For instance Commission rates for real estate agents are typically between 5 and 6 of a home s sale price and that amount is split evenly between the listing and buyer s agents which means the average real estate agent commission is 2 5 to 3
How Much Money Do Los Angeles Agents Make Many people get into real estate because of the unlimited earning potential in sales In Los Angeles there are about 7 000 licensed real estate agents and the average income is about 73 000 In many cases a real estate agent will earn a 3 commission on the selling price of a home For example if a home sold for 500 000 the agent would earn 15 000 though some money might be owed to a brokerage As of May 2022 the U S Bureau of Labor Statistics reported that the mean annual income for real estate sales agents was 65 850
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How Much Do Real Estate Agents Make In Los Angeles - They can rely on referrals from satisfied clients to continue building their business as years go by and they learn other ways to attract clients In 2020 the median pay for real estate agents in the U S was roughly 49 000 The lowest 10 of earners made less than 25 000 while the highest 10 of earners made more than 112 000