How much do commercial real estate brokers make in Los Angeles?

How much do commercial real estate brokers make in California?

While ZipRecruiter is seeing salaries as high as $195,637 and as low as $22,611, the majority of Commercial Real Estate Broker salaries currently range between $41,290 (25th percentile) to $98,310 (75th percentile) with top earners (90th percentile) making $136,160 annually in California.

How much do top commercial real estate brokers make?

The typical commercial real estate broker salary is well in excess of $100,000 a year. I know several seasoned commercial brokers who earn a seven-figure income annually.

How much do commercial brokers make?

Commercial Real Estate Broker Salaries

Job Title Salary
Keller Williams Commercial Real Estate Broker salaries – 4 salaries reported $89,246/yr
Cushman & Wakefield Commercial Real Estate Broker salaries – 2 salaries reported $112,340/yr
NAI Capital Commercial Real Estate Broker salaries – 2 salaries reported $4,327/mo

How much do real estate brokers make LA?

While ZipRecruiter is seeing salaries as high as $160,408 and as low as $20,647, the majority of Luxury Real Estate Broker salaries currently range between $43,410 (25th percentile) to $105,880 (75th percentile) with top earners (90th percentile) making $127,056 annually in Los Angeles.

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What is the salary for real estate agents?

The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.

How do I get into commercial real estate?

How to Become a Commercial Real Estate Agent

  1. Obtain a Real Estate License. …
  2. Find a Real Estate Brokerage Firm with Commercial Deals. …
  3. Join a Professional Association and/or Become a Realtor. …
  4. Specialize. …
  5. Create a Marketing Strategy. …
  6. Explore Additional Career Options.

Are real estate brokers Rich?

According to a survey of 1,758 real estate professionals conducted by ActiveRain, 22% of real estate agents earned less than $35,000 per year, and just 21% earned $100,000 or more. This is far from a “rich” profession.

Who makes more money commercial or residential real estate?

Earnings: Commercial property tends to present a higher earning potential than residential real estate. Although it is easier to get a residential property off the market, commercial agents can make a higher commission from the properties they sell.

How long does it take to make money in commercial real estate?

A good commercial real estate broker has the potential to earn significantly more than $250,000 per year within two years of entering the career path.

What jobs in real estate make the most money?

The 6 Highest Paying Real Estate Careers with Good Salaries

  • Home Inspector. If you already have a good main job and are looking for a part-time gig to maximize your income, you can work as a home inspector. …
  • Real Estate Lawyer. …
  • Real Estate Broker. …
  • Commercial Real Estate Agent. …
  • Property Manager. …
  • Corporate Real Estate Manager.
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Can real estate agents make 6 figures?

If we’re being honest, it’s not actually that difficult. After all, 6 figures isn’t what it used to be. But it’s still a respectable income and a solid goal for real estate agents.