how much di real estate agents make

In the dynamic world of real estate, understanding market trends and the number of licensed professionals in a specific region is crucial for both buyers and sellers. In this comprehensive review, we will delve into the current landscape of licensed real estate agents in Massachusetts. By exploring the data and trends, we aim to provide an expert, informative, and easy-to-understand analysis of this important segment of the state's real estate industry.

Understanding the Real Estate Market in Massachusetts: Massachusetts boasts a vibrant and diverse real estate market, with a range of residential, commercial, and investment properties. The state's unique blend of historical charm, cultural significance, and economic opportunities attracts buyers and investors from across the nation. To navigate this market successfully, it is essential to have a clear understanding of the number of licensed real estate agents operating in Massachusetts.

The Current State of Licensed Real Estate Agents: As of the latest available data, there are approximately X licensed real estate agents in Massachusetts. This number reflects a significant growth in recent years, indicating the state's robust real estate industry. Licensed agents undergo rigorous training and examinations, ensuring they possess the necessary knowledge and skills to assist clients in their real estate transactions.

Factors Influ

How Many Realtors Are There in Each State?
  • The states with the most Realtors are Florida (222.293), California (202,852), and Texas (152,222).
  • Vermont is the state has the fewest (1,826).
  • The Virgin Islands (389) has the fewest of the U.S. Territories.

How much does the average realtor make in MA?

$86,206 a year How much does a Real Estate Agent make in Massachusetts? As of Oct 23, 2023, the average annual pay for a Real Estate Agent in Massachusetts is $86,206 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.45 an hour. This is the equivalent of $1,657/week or $7,183/month.

Who is the top realtor in Massachusetts?

Top Agents in Massachusetts – Individuals By Volume
Rank – State VolumeFull NameCompany
1Tracy CampionCampion and Company
2Jason SaphireHomeZu
3Melissa DaileyColdwell Banker Realty
4Maggie Gold SeeligMGS Group Real Estate

How hard is it to get real estate license in MA?

There are 100 multiple choice questions on the exam. You have to score at least a 75% to pass. This is one of the strictest real estate exams around. The real estate license exam in MA may be tough, but you're smart so you'll be just fine.

What city do realtors make the most money?

The Top 10 Highest Paying Cities For Real Estate Agents
StateSalary
San Francisco$97,047
Santa Rosa, Calif.$93,299
Seattle$89,995
Boston$89,553

What state has the most realtors?

How Many Realtors Are There in Each State?
  • The states with the most Realtors are Florida (222.293), California (202,852), and Texas (152,222).
  • Vermont is the state has the fewest (1,826).
  • The Virgin Islands (389) has the fewest of the U.S. Territories.

How long does it take to be a realtor in Alabama?

You can obtain a license in just a few weeks, or you can take your time and earn your license over the course of a year. The amount of time it takes to obtain an Alabama real estate license depends on the type of pre-license coursework a potential licensee decides to take and the pace they take to complete the courses.

Frequently Asked Questions

Who is the biggest realtor in us?

Caballero has been the top-ranked real estate agent by REAL Trends for both total sales and number of transactions since 2013. Between 2004 and 2019, Caballero sold 36,827 new homes totaling $13.141 billion in volume.

Which state has the most realtors?

How Many Realtors Are There in Each State?
  • The states with the most Realtors are Florida (222.293), California (202,852), and Texas (152,222).
  • Vermont is the state has the fewest (1,826).
  • The Virgin Islands (389) has the fewest of the U.S. Territories.

How many houses do you need to sell to make 100k?

How many houses does an agent have to sell to make $100,000 a year? If you are selling $100,000 houses and paying 40 percent of your commission to your broker you would have to sell over 50 houses a year to gross $100,000 a year. That is a lot of houses to sell, especially for a new agent.

What does the average realtor make in Indiana?

The average salary for a real estate agent in Indiana is $39,500 per year.

How much do real estate agents make in Indiana per sale?

📊 The data: We surveyed local agents and found that the average real estate commission in Indiana is 5.66%, which is higher than the national average of 5.37%. To sell a house in Indiana worth $233,511 — the median home value in Indiana — you'll pay about $13,217 in realtor fees.

How many people are on the real estate commission NJ?

Five members The Commission consists of five members who have been licensed as New Jersey real estate brokers for at least ten years, two public members, and one representative of an appropriate governmental department.

How much does a real estate agent earn in NJ?

Real Estate Agent Salary in New Jersey
Annual SalaryMonthly Pay
Top Earners$127,851$10,654
75th Percentile$102,300$8,525
Average$83,373$6,947
25th Percentile$66,500$5,541

FAQ

How much is a real estate license in NJ?
Around $710 It costs around $710 to become a licensed real estate agent in New Jersey. This includes the cost of the pre-licensing exam prep course, the application fee, the exam, background check, and the license itself.
Is NJ a good state to be a real estate agent?
New Jersey The Garden State ranks eighth on our list of best states for real estate agents due to its low agent competition, at number six, and high agent salaries. Agents can expect to make an average of $76,869.50 (ranked third), and they will not have to struggle to generate real estate leads for their business.
What is the average salary for a realtor in Utah?
The average salary for a real estate agent in Utah is $36,500 per year. Real estate agent salaries in Utah can vary between $17,000 to $149,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
Who are the top realtors in Utah?
Top 50 Utah Real Estate Agents On Social Media
  • #8: Tylene Ama.
  • #7: Justin Yoder.
  • #6: Georgie Elliott. EXIT Realty Advantage.
  • #5: Mariah Koehle. eXp Realty.
  • #4: Elisa Zamora. Top Equity Realty.
  • #3: Paige Steckling. Realty ONE Group.
  • #2: Farrah Pliley. Equity Real Estate Solutions.
  • #1: Joel Carson. Utah Real Estate.
Which state has the most realtors per capita?
According to NAR, the top 10 states with the most Realtors per capita are:
  • Arizona, where 1 in every 168 residents is a Realtor.
  • Hawaii, where 1 in every 173 residents is a Realtor.
  • Florida, where 1 in every 175 residents is a Realtor.
  • D.C., where 1 in every 193 residents is a Realtor.
How much does the average realtor make in NJ?
Real Estate Agent Salary in New Jersey
Annual SalaryMonthly Pay
Top Earners$127,851$10,654
75th Percentile$102,300$8,525
Average$83,373$6,947
25th Percentile$66,500$5,541
Is it worth getting a real estate license in NJ?
The benefits of obtaining a real estate license in New Jersey are unquestionable and worth your time, money, and effort. A licensed real estate agent or company can earn more money, access more deals, earn more commissions, increase business knowledge, and expand contact networks.

How many licensed real estate agents in massachusetts

Who are the top real estate agents in Illinois? Top 50 Illinois Real Estate Agents On Social Media
  1. #1: Ewelina Rafael.
  2. #2: Amanda Albrecht. Michele Morris Realty.
  3. #3: Rashauna Scott. Keller Williams ONEChicago.
  4. #4: Edward Henderson. Compass.
  5. #5: Amanda Stapleton. Blue Door Dave Real Estate.
  6. #6: Vik Wadhwa. Modern Chicago Homes.
  7. #7: Rae Candy.
  8. #8: Nia Crawford.
What state has the most real estate agent? How Many Realtors Are There in Each State?
  • The states with the most Realtors are Florida (222.293), California (202,852), and Texas (152,222).
  • Vermont is the state has the fewest (1,826).
  • The Virgin Islands (389) has the fewest of the U.S. Territories.
How much do realtors make in Illinois? What is the average salary for a real estate agent in Illinois? The average salary for a real estate agent in Illinois is $43,000 per year. Real estate agent salaries in Illinois can vary between $16,500 to $172,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
What city has the most realtors? Large Metros With the Most Real Estate Sales Agents
  1. Seattle-Tacoma-Bellevue, WA.
  2. Virginia Beach-Norfolk-Newport News, VA-NC.
  3. Oklahoma City, OK.
  4. Atlanta-Sandy Springs-Roswell, GA.
  5. Miami-Fort Lauderdale-West Palm Beach, FL.
  6. Orlando-Kissimmee-Sanford, FL.
  7. Raleigh, NC.
  8. Tampa-St.
What percentage do most realtors charge Illinois? 5.24% Typical Realtor Commission Rates in Illinois Across Illinois, the statewide average real estate commission on a home sale is 5.24% of the final sale price.
What state has the most real estate agents? How Many Realtors Are There in Each State?
  • The states with the most Realtors are Florida (222.293), California (202,852), and Texas (152,222).
  • Vermont is the state has the fewest (1,826).
  • The Virgin Islands (389) has the fewest of the U.S. Territories.
How many houses do most real estate agents sell? According to NAR, the average Realtor completes a median of 12 residential transactions annually. However, it's important to keep in mind that this doesn't necessarily indicate how many houses the average Realtor sells. A completed transaction can mean the agent assisted on either the buyer's or seller's side.
  • How many people are on the SC Real Estate Commission?
    • The South Carolina Real Estate Commission (SCREC) consists of ten members and serves to regulate the real estate industry and protect individuals during real estate transactions.
  • How much does the average realtor make in SC?
    • Effective Tax Rates for Real Estate Agents in South Carolina The average salary for a real estate agent in South Carolina is $34,000 per year. Real estate agent salaries in South Carolina can vary between $16,500 to $177,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
  • Do real estate agents make good money in South Carolina?
    • According to Indeed, the average salary for a real estate agent in South Carolina is a little over $100k, which is pretty similar to the national average. On the other hand, the National Association of REALTORS® found the median gross income of a Realtor was $54,330 in 2021. That's quite a difference!
  • What commission do most realtors get?
    • How much is real estate commission? Typically, real estate commission is 5%–6% of the home's sale price. In most areas, the buyer's agent receives 2.5%–3% in commission and the seller's agent receives 2.5%-3% in commission. This can vary by agent and location.
  • How much does an average realtor make in Alabama?
    • The average salary for a real estate agent in Alabama is $28,500 per year. Real estate agent salaries in Alabama can vary between $17,500 to $117,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
  • How long does it take to get a real estate license in Alabama?
    • On average, it takes four (4) months to obtain your real estate license in Alabama. However, many students take far less or far more time to get their license. You can obtain a license in just a few weeks, or you can take your time and earn your license over the course of a year.

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