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Q: Real Estate Commissions ( No Answer,   0 Comments )
Question  
Subject: Real Estate Commissions
Category: Business and Money
Asked by: jeraboo-ga
List Price: $150.00
Posted: 03 Sep 2006 14:38 PDT
Expires: 03 Oct 2006 14:38 PDT
Question ID: 761923
Out of all currently licensed real estate agents in the United States,
what percentage has had an active state real estate salesperson's
license ("real estate license") for at least 5 years AND earned over
$100,000 last year in commissions?

Request for Question Clarification by cynthia-ga on 03 Sep 2006 16:41 PDT
I work in the Real Estate industry, it's very difficlut to get up to
the $100k a year level, typically it takes years in the RE business to
hone you skills and gain contacts and earn that level of income.

NAR Member Income On the Rise
http://realtytimes.com/rtapages/20010614_members.htm
..."Sales agent income rose 13 percent in the same period. Fifteen
percent of sales agents earned more than $100,000 in 2000 compared to
7 percent in 1995.

Gross income by experience
 
The number of years a Realtor is in the business appears to affect
income favorably, but it may also partially account for the low
numbers in younger recruits. Gross income for a Realtor with 16 to 25
years experience was $38,600 greater than those with one to five years
experience. Realtors made $20,300 with one to five years in the
business, while those with six to ten years made $49,100 and those
with eleven to fifteen years, made $61,000. Broken out, that means
that brokers with one to five years experience made $38,800 while
sales agents with one to five years experience made $18,800..."


I have paid access to the National Association of Realtors (NAR) web
site, when I get home I can find the latest earnings report for you
(new report published August 2006), and quote from it, however I doubt
you can access it, and for copyright reasons I can't post the entire
report, or link to it in entirety.

Are you interested in excerpts from the report, and everything else I
can find in regards to Realtor earnings?

~~Cynthia
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