Real Estate Sales Agents help clients buy, sell, or rent properties. Job duties include showing properties, negotiating sales, preparing contracts, advising clients, and staying informed about market conditions. They facilitate the buying and selling process, maintain knowledge of real estate laws, and work to ensure client satisfaction.
This income data is sourced from the May 2023 Occupational Employment and Wage Statistics (OEWS) survey. The dataset is updated annually.
Annual Pay Distribution | Salary |
|---|---|
10th percentile | $27,570.00 |
25th percentile | $27,570.00 |
median (50th percentile) | $48,220.00 |
75th percentile | $67,240.00 |
90th percentile | $173,430.00 |
Hourly Pay Distribution | Hourly Rate |
|---|---|
10th percentile | $13.26 |
25th percentile | $13.26 |
median (50th percentile) | $23.18 |
75th percentile | $32.33 |
90th percentile | $83.38 |
To become a Real Estate Sales Agent, individuals typically need at least a high school diploma or equivalent. While a college degree is not always mandatory, some employers may prefer candidates with a bachelor's degree in business or a related field. Completing courses in real estate, finance, economics, and marketing can be beneficial for aspiring agents to develop relevant knowledge and skills. In the next paragraph, typical training for Real Estate Sales Agents involves completing a pre-licensing course, passing a state exam to obtain a real estate license, and then working under the supervision of a more experienced agent or broker. Continuing education to stay updated on industry trends, laws, and regulations is also essential for maintaining licensure and improving sales skills. Many agents choose to join professional associations and take additional specialized courses to enhance their expertise in specific areas of real estate.