If you are interested in becoming a Nextage real estate agent you probably have many questions on your mind.
One of the most common questions incoming real estate agents has to do with real estate agent income potential. The fact of the matter is that there is no set answer to this question. The income that a real estate agent earns greatly depends on a number of different factors.
The number one thing that determines real estate agent income is the amount of homes that are sold. Nextage Realty offers agents another potential income stream based upon the evolutionary revenue sharing program that is offered to all agents.
As a general rule of thumb, if you sell more homes you will make more money. This is how the industry works because real estate agents do not get paid a salary, but instead a commission on each sale that they make.
Another thing that determines real estate agent income is the value of the homes that are being sold. It goes without saying that the real estate agents who are selling mansions in more expensive neighborhoods are making more than the ones who work in low priced areas.
Finally, the commission rate that your company pays will affect the income that is made. Nextage Realty offices nationwide have a very competitive programs to assist agents to make greater than 100% of their sales. Make sure that the office you choose to join is going to offer you the training, technology, and support. Ask questions about their assistance with increasing your sales, retirement plans, and opportunity to build a business.
Real estate agent income is greatly affected by this rate, and for this reason you should try to get hired by a company that offers competitive rates.
Overall, real estate agent income is based on a number of different factors. It is not uncommon for successful estate agents to earn over $100,000 per year.
If you are interested in becoming a real estate agent you should know that you have the potential to make money. But remember, your income is based on the factors listed above.