The Pros and Cons of Being A Residential Real-Estate Agent
Agents are paid by commission. The median annual pay for a real-estate sales agent is $37,600, according to the National Association of Realtors. In New York, an agent who’s starting out can make as much as $70,000 a year—if successful—while in Washington, an agent could earn $80,000. Some also receive year-end bonuses.
Many agents say starting as an assistant to another agent helped them learn the industry from the ground up. Agents, who are licensed by state, need to have strong negotiating skills and know their local housing market as well as the past of buildings they’re selling. “When you’re selling a home you’re literally selling a piece of history,” says John T. Mahshie, an associate at Tutt, Taylor & Rankin, an affiliate of Sotheby’s International Realty in Washington. Best part of the job: Helping people find a home, and making friends. “The American dream is to own a house,” says Anthony Abdalla, a real-estate agent at Coldwell Banker’s Town & Country Property in Clarks Summit, Pa. “It’s so rewarding to help people reach their dreams.”
Looking for a home in Addison Reserve Country Club? Realtor® Caesar Parisi is ready to help you buy your dream property.
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