1. Wyoming ranked No. 1 on our list due to being in the top 10 for four out of the five factors: agent competition, agent salary, homeownership, and cost of living.
  2. This state boasts an annual median wage of $71,460 and 71.9% of owner-occupied homes in the state.

Besides, What realtors make the most money? The 6 Highest Paying Real Estate Careers with Good Salaries

  • Home Inspector. …
  • Real Estate Lawyer. …
  • Real Estate Broker. …
  • Commercial Real Estate Agent. …
  • Property Manager. …
  • Corporate Real Estate Manager. …
  • Wrapping up.

Where do Realtors make the most money?

The following are the 10 states where real estate agents earn, on average, the most money:

  • New York: $111,800 (average real estate agent salary)
  • Massachusetts: $84,180.
  • Connecticut: $79,780.
  • Alaska: $79,360.
  • Colorado: $76,850.
  • Utah: $75,170.
  • California: $74,140.
  • Texas: $72,830.

Which city do real estate agents make the most money? Top 100 cities for real estate agents

Rank City Average salary
1 Virginia Beach, Va . $68,180
2 West Palm Beach, Fla. $64,970
3 Austin, Texas $69,380
4 Fort Lauderdale, Fla. $61,660

• May 6, 2016

Hence, Where do real estate agents make the most money 2022? Here are the best states for Real Estate Agents in 2022:

  1. Vermont. Total Real Estate Agent Jobs: …
  2. Massachusetts. Total Real Estate Agent Jobs: …
  3. Montana. Total Real Estate Agent Jobs: …
  4. New York. Total Real Estate Agent Jobs: …
  5. Michigan. Total Real Estate Agent Jobs: …
  6. Alabama. Total Real Estate Agent Jobs: …
  7. Missouri. …
  8. West Virginia.

Where do Realtors get paid the most?

The following are the 10 states where real estate agents earn, on average, the most money:

  • New York: $111,800 (average real estate agent salary)
  • Massachusetts: $84,180.
  • Connecticut: $79,780.
  • Alaska: $79,360.
  • Colorado: $76,850.
  • Utah: $75,170.
  • California: $74,140.
  • Texas: $72,830.

How much do top Realtors make?

Each real estate office sets its own standards for top producers, but it’s safe to say that a top producer would have to sell at least one home per month to qualify. 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.

Why do real estate agents make so much money?

They charge a lot because it takes work and money to market, it is hard to get licensed and become a real estate agent, they have to pay for dues and insurance and real estate agents usually have to split their commissions with their broker. The biggest reason real estate agents make so much money is they are worth it!

What is the highest paying job in Minnesota?

10 of the highest-paying jobs in Minnesota

  • Psychiatrist. …
  • Neurologist. …
  • Orthodontist. …
  • Physician. …
  • Family medicine physician. …
  • Internal medicine physician. Average salary in Minnesota: $298,975 per year. …
  • Urgent care physician. Average salary in Minnesota: $299,549 per year. …
  • Surgeon. Average salary in Minnesota: $300,044 per year.

How much do top real estate agents make in MN?

First Year Real Estate Agent Salary in Minneapolis, MN

Annual Salary Monthly Pay
Top Earners $138,396 $11,533
75th Percentile $113,141 $9,428
Average $101,083 $8,423
25th Percentile $60,611 $5,050

Where is the cheapest place to live in Minnesota?

The 5 Most Affordable Cities in Minnesota

  1. Rochester.
  2. Owatonna. …
  3. Hastings. Known as a “river town” due to its proximity to the Mississippi, Vermillion and St. …
  4. Woodbury. A St. …
  5. Mankato. Mostly located in the wistfully named Blue Earth County, Mankato is a popular place to call home. …

What is a living wage in MN?

110% of poverty for a family of four (4) with health coverage provided by employer. 2021 living wage: $30,525 or $14.68 per hour at 2,080 hours worked per year.

What is the lowest paying job in the world?

The Lowest Paying Career

  1. Fast food and counter workers. Median annual earnings: $24,336.
  2. Maids and housekeeping cleaners. Median annual earnings: $26,156. …
  3. Cashiers. Median annual earnings: $26,364. …
  4. Dining room and cafeteria attendants and bartender helpers. …
  5. Food preparation workers. …
  6. Cooks. …
  7. Waiters and waitresses. …
  8. Dishwashers. …

How much does real estate agents make?

How Much Do Real Estate Agents Make At Most? According to the Bureau of Labor Statistics, U.S. real estate agents will earn a median income of $56,000 per year in 2020. It cost about $49,000 according to the figures.

Which city has the most realtors?

Top 100 cities for real estate agents

Rank City Jobs
1 Virginia Beach, Va . 1,830
2 West Palm Beach, Fla. 2,060
3 Austin, Texas 1,790
4 Fort Lauderdale, Fla. 2,620

• May 6, 2016

What type of real estate agent makes the most money?

The answer is almost six figures for the average commercial real estate agent, which came in as the highest income out of all the agents we surveyed. Becoming an expert in commercial real estate could take more training — but it shows that more training pays off in this case.

What percentage do most realtors charge?

Real estate commissions can be negotiated, but they typically run about 5 percent to 6 percent of a home’s sale price. The exact terms of an agent’s commission vary from sale to sale, and can depend on region and which firm they work for.

Who is the highest earning real estate agent?

Worth area, worth $1.384 billion. Ben Caballero, a current Guinness World Record title holder and No. 1-ranked real estate agent in the U.S., set a new record for home sales in Dallas-Ft.

Who is the top realtor in the world?

DENVER, May 16, 2018 /PRNewswire/ — America’s number one ranked real estate agent, Ben Caballero of Addison, Texas, just became the number one real estate agent in the world, according to Guinness World Records.

Is Las Vegas a good place to be a real estate agent?

“Location, location, location” might be the catchphrase of the real-estate profession, but it applies just as much to realtors as it does to their clients.

Best Cities for Real-Estate Agents.

Overall Rank 87
City Las Vegas, NV
Total Score 46.05
Job Opportunity & Competition 56
Real-Estate Market Health 137

• May 12, 2021

Is being a realtor hard?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

Who is the highest paid realtor?

Worth area, worth $1.384 billion. Ben Caballero, a current Guinness World Record title holder and No. 1-ranked real estate agent in the U.S., set a new record for home sales in Dallas-Ft.

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