The Complete Guide to Starting a Successful Career in Real ...

THE COMPLETE GUIDE TO STARTING

A SUCCESSFUL CAREER IN REAL ESTATE

Starting any new career is an exciting and challenging opportunity. Transitioning to a career in real estate is an especially exciting choice. With endless earning potential, a self-built schedule, multiple career paths, and abundant opportunities, you may wonder why you did not decide to start your real estate career sooner.

As you begin considering your future real estate career, many questions will arise. "Will I make enough money with a real estate career?" "How do I get my real estate license? "What career opportunities are available to me after I finish my real estate education?" This guide answers these questions and helps you on the path to real estate success. We compiled the average salary of real estate agents and brokers in every state, the steps to get your real estate license, and the many career opportunities available in the real estate industry.

REAL ESTATE AGENT & BROKER

SALARIES IN ALL 50 STATES

The real estate industry is abundant with job opportunities that are a perfect match for almost anyone interested in following a new career path. A real estate agent is the most popular and sought-after career within the industry. And for good reason! This career path has great growth potential and has a competitive average salary.

HOW MUCH DO REAL ESTATE AGENTS & BROKERS EARN?

STATE

Alabama Alaska Arizona

Arkansas California Colorado Connecticut Delaware

Florida Georgia Hawaii

AGENT SALARY

$50,300 $76,610 $38,290 $38,410 $59,830 $71,880 $66,260 $43,250 $43,670 $47,610 $63,850

STATE

Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan

AGENT SALARY

$40,120 $30,270 $42,490 $46,790 $38,800 $38,270 $33,930 $42,060 $42,140 $68,220 $53,460

STATE

Minnesota Mississippi

Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota

Ohio Oklahoma

AGENT SALARY

$39,470 $45,110 $51,270 $49,000 $41,820 $65,350 $47,310 $54,650 $53,860 $93,100 $39,520 $60,950 $37,890 $40,330

STATE

Oregon Pennsylvania Rhode Island South Carolina South Dakota

Tennessee Texas Utah

Vermont Virginia Washington West Virginia Wisconsin Wyoming

AGENT SALARY

$38,560 $49,430 $49,230 $40,880 $59,290 $43,820 $61,720 $53,600 $56,440 $49,060 $58,350 $46,580 $43,030 $38,224

* This data was taken from a search tool that accessed 2019 census data. These numbers are the mean salary of real estate agents and brokers in each state. Connecticut, Iowa, Mississippi, Nebraska, Montana, New Jersey, North Dakota, Pennsylvania, Rhode Island, Tennessee, and West Virginia did not have available census data for the mean salary of real estate brokers in their state. For these states, we used self-reported salaries from .

WHERE DO REAL ESTATE AGENTS MAKE THE MOST MONEY?

REAL ESTATE AGENT

$48,930

REAL ESTATE BROKER

$59,720

RANK

1 2 3 4 5 6 7 8 9

STATE

New York Alaska

Colorado Massachusetts

Connecticut Nevada Hawaii Texas

North Dakota

AVERAGE SALARY

$93,100 $76,610 $71,880 $68,220 $66,260 $65,350 $63,850 $61,720 $60,950

HOW TO MAKE MORE MONEY

AS A REAL ESTATE AGENT

Even though real estate agents make a nationwide average of $48,930, every agent makes a different salary. Salary can range from $25,000 to over $1,000,000 a year! To make more money as a real estate agent, you will need to focus on gaining more experience, increasing your effort, and dedicating more time to your profession. Additionally, your location and your niche expertise will influence your salary potential as an agent or broker.

STEP 1 GAIN INDUSTRY EXPERIENCE

The first few years an individual works within the real estate industry, their salary may fall below the national average. Because a career in real estate is dependent on connections and relationships, it may take a few years for a new real estate professional to build a solid foundation and establish trust with their contacts.

Continue working on developing connections, and over time, you will gain more clients, and your salary will start to increase.

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