Before You You Choose a Real Estate Career – Know Why People Fail
Being successful in a real estate career isn’t “rocket science,” but it isn’t “as easy as falling off a log” either. Entering the business with realistic expectations and a plan for overcoming obstacles will help to avoid becoming a statistic.Average Income of a Real Estate AgentAccording to the Department of Labor, the median real estate agent’s income in 2004 was $35,670 (median means half above and half below). That’s gross income, out of which all their business expenses had to be paid. The bottom 10% had a gross median income of only $17,600. Even if you’re with a broker that provides an office, phone, business cards and some prospect leads, you’ll still have expenses for your car, personal marketing, client gifts/entertainment and more. • Govt. Data on Agent IncomeThe Competition is Fierce with More Agents Than EverWith over 1.18 million members of the National Association of Realtors®, and reco
