How much do real estate agents make yearly ?

Generally speaking, real estate agents make money through commissions on the sales of properties. The commission is typically a percentage of the sale price of the property, and is split between the listing agent and the buyer's agent. The exact percentage can vary depending on the location, the type of property, and the specific agency.

On average, real estate agents in the US earned a median annual salary of $56,730 in 2019, according to the Bureau of Labor Statistics. However, the top 10 percent of agents earned more than $112,610, while the bottom 10 percent earned less than $26,190.

It's worth noting that many real estate agents are considered independent contractors, which means they are not employees and do not receive a regular salary. Instead, they are paid based on the deals they close. This means that their earnings can be quite variable and depend on the number and value of the properties they are able to sell. Some agents may make very little, while others may make significantly more.

It's also important to note that, real estate agents often have to cover their own expenses such as, office space, marketing materials, insurance, and continuing education. This can also eat into their earnings, so it's important to factor that into consideration when looking at potential earnings.

Real estate agent's earning can vary widely, depending on factors such as location, experience, and the number of deals they are able to close. It's also important to note that many real estate agents have to cover their own expenses.

According to the National Association of Estate Agents (NAEA), the average salary for a UK estate agent is £24,000 ($32,600) per year. However, this can vary depending on the location, experience, and the type of agency. For example, agents working in London and the South East tend to earn more than those working in other parts of the country.

Like in the US, real estate agents in the UK typically earn money through commissions on the sales of properties. The commission is typically a percentage of the sale price of the property, and is split between the listing agent and the buyer's agent. The exact percentage can vary, but it is usually around 1.5% to 2% of the sale price.

It's worth noting that many real estate agents in the UK are also self-employed, which means they are not employees and do not receive a regular salary. Instead, they are paid based on the deals they close. This means that their earnings can be quite variable and depend on the number and value of the properties they are able to sell. Some agents may make very little, while others may make significantly more.

Like in the US, many agents in the UK are self-employed, which means their earnings depend on the deals they close.

In the United States, some of the most well-known real estate agents include:

• Barbara Corcoran: Known for her appearances on the television show "Shark Tank," Corcoran is a successful businesswoman and real estate agent based in New York City.
• Ryan Serhant: A star of the Bravo TV show "Million Dollar Listing New York," Serhant is a successful real estate agent based in New York City and is known for his high-end luxury listings.
• Dolly Lenz: A real estate agent based in New York City, Lenz is known for her work in luxury real estate and has sold some of the most expensive properties in the city.
• Tarek El Moussa: Star of HGTV's "Flip or Flop," El Moussa is a real estate agent and investor based in Southern California, and known for his expertise in flipping houses.
• Million Dollar Listing Agents: A group of high-end real estate agents that are featured on the Bravo TV show "Million Dollar Listing" and known for selling luxury properties.

In the United States, some of the largest real estate brokerages include:

• Keller Williams: This Texas-based company is one of the largest real estate franchises in the world, with over 180,000 agents in over 800 offices across the United States and internationally.
• RE/MAX: This Colorado-based company is one of the largest real estate franchise networks, with over 130,000 agents in over 100 countries.
• Berkshire Hathaway HomeServices: Part of Berkshire Hathaway Inc, this brokerage has a network of around 42,000 agents in nearly 1,500 offices across the United States.
• Coldwell Banker: This company is one of the oldest and most established real estate brands in the United States, with a network of around 83,000 agents in approximately 3,000 offices.
• Century 21: This New York-based company is one of the largest real estate franchise networks, with over 135,000 agents in over 8,000 offices worldwide.
• Sotheby's International Realty: This luxury real estate brokerage, has a network of over 22,000 agents in over 950 offices in 72 countries.

In the United Kingdom, some of the most well-known real estate agents include:

• Savills: One of the largest and most well-known real estate agencies in the UK, Savills specializes in high-end properties and has offices throughout the country.
• Knight Frank: Another well-known real estate agency in the UK, Knight Frank specializes in luxury properties and has offices throughout the country.
• Strutt & Parker: A well-established real estate agency in the UK, Strutt & Parker specializes in high-end properties and has offices throughout the country.
• Chestertons: A well-known real estate agency in the UK, Chestertons specializes in high-end properties and has offices throughout the country.
• Hamptons International: A well-known real estate agency in the UK, Hamptons International specializes in high-end properties and has offices throughout the country.

This is not an exhaustive list, and there are many other successful and well-known real estate agents in the United States and the United Kingdom.