Real Estate Sales Agents: Salary, Job Description, How To Become One, and Quiz

Stan T.Career, OverviewLeave a Comment

Job description

Real Estate Sales Agents rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
  • Present purchase offers to sellers for consideration.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
  • Generate lists of properties that are compatible with buyers’ needs and financial resources.
Read more about what does a Real Estate Sales Agent really do at work and what is it like being and working as one.



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Salary

Average salary
$61720 per year

Average hourly wage
$30 per hour


Real Estate Sales Agents with little to no experience tend to make between $24650 and $33020 while the more experienced ones can earn over $74530 per year.

Top 5 paying statesHourlyAnnual
NY$56$116,460
RI$41$84,280
AK$38$78,190
WY$36$75,570
CA$35$73,450

One of the easiest ways to increase your salary as a Real Estate Sales Agent is to move to a higher paying state like NY. Right now, the highest paying states for Real Estate Sales Agents are NY, RI, AK, WY and CA.

However, a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.

Three other factors that can increase your salary as a Real Estate Sales Agent is the degree you hold, the industry you work in, and lastly the company you work for.


Requirements

Recommended degree level
High School Diploma (or GED)

We asked other Real Estate Sales Agents what degree they had when they got the job and most of them said they had a High School Diploma followed by a Post-Secondary Certificate.

Other than that, we also asked them what did they major in and here are the most popular majors that came up.

Real Estate Development
Real Estate
Read more about how to become a Real Estate Sales Agent and the degree, training and education you need.

Pros and Cons

Here are some of the pros and cons of being a Real Estate Sales Agent.

PROS
Suitable for people who likes to start and carry out projects
Suitable for people who values achievements and are results-oriented
This career is perfect for people who love to work indoors.
It is not too difficult to get into this career. Previous work-related skill, knowledge, or experience is required for this career.
Demand for this career is growing fast
CONS
Not suitable for people who likes to solve problems mentally
Long working hours (More than 40 hours per week)

What is the job like

Job satisfaction
69%

Is this job meaningful
44%


69% of Real Estate Sales Agents said they were satisfied with their job and 44% said they feel like their job is making other people’s lives better.


Is this right for me

Best personality for this career
The Entrepreneurs and The Organizers

You can read more about these career personality types here.

People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..

They also like following set procedures and routines. They like working with data and details more than with ideas.




Learn more about Real Estate Sales Agents

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Related career information

Real Estate Sales Agents job description, Real Estate Sales Agents salary, Real Estate Sales Agents information, what is the job of a Real Estate Sales Agent like, pros and cons about Real Estate Sales Agents, colleges and universities for Real Estate Sales Agents, is Real Estate Sales Agents the right career for me, careers in Sales and Marketing

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