It is very interesting to compare salaries among different jobs, how people get paid and how much they are getting paid. When thinking of a person who sells real estate, it may be shocking to know that the average real estate sales agent in 2006 made $35,715 base salary. With the way real estate agents get paid though, this is only their initial income as they also get paid on commission. The percentage the sales agent makes ranges on which company they are working for, whether they are private or public. It also depends on how many years the sales agent has been working. The longer someone has been in the business, the more they make.
Looking more broadly at real estate employee salaries, they can range greatly based on what you do specifically in the industry. Median salaries generally are at the following for these jobs. Residential Property Manager- $65,000; Residential Real Estate Agent- $54,000; Financial Analyst in a Real Estate Company- $60,000; Project Manager- $90,000; Mortgage Lender- $110,000. Clearly it makes a difference as to what role you play in real estate. Commission will also not affect all of these jobs as they are not all directly related to the sell. The actual agent will be the one getting that additional compensation.
By: Kelsey Hoffman