How much do commercial real estate brokers make in NYC?
While ZipRecruiter is seeing salaries as high as $218,275 and as low as $25,228, the majority of Commercial Real Estate Broker salaries currently range between $46,068 (25th percentile) to $109,686 (75th percentile) with top earners (90th percentile) making $151,915 annually in New York City.
How much do commercial real estate agents make in California?
Most common benefits. The average salary for a commercial real estate agent is $98,134 per year in California. 181 salaries reported, updated at December 18, 2021.
How much do top brokers make?
For example, while the national average annual wage for real estate agents is just over $60,000, in the top-earning state for real estate agents, the average salary is $111,800, which is close to double the national average.
Do commercial realtors make good money?
A good commercial real estate broker has the potential to earn significantly more than $250,000 per year within two years of entering the career path. The most successful brokers in commercial real estate earn seven figures each year.
Is there more money in commercial real estate?
Earnings: Commercial property tends to present a higher earning potential than residential real estate. Although it is easier to get a residential property off the market, commercial agents can make a higher commission from the properties they sell.
Why do most people fail in real estate?
Failing To Set Goals & Action Plans Is A Common Reason Why Most Real Estate Agents Fail! Goal setting and action plans are a critical part of any successful business. Most real estate agents fail because they don’t understand how to properly set goals or create action plans.
How much do top 1% Realtors make?
Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.