Real Estate Sales Agents Salary: How Much Do Real Estate Sales Agents Make ? 2021 Real Estate Sales Agents Salary Guide

Real Estate Sales Agents Salary

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Salary

$48.9K

Growth

7%

Bright Outlook

Bright

Green

No

Real Estate Sales Agents Job Description

Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Also known as:

Real Estate Agent, Real Estate Salesperson, Realtor, Realtor Associate, Sales Agent

Percentile	10%	25%	50% (Median)	75%	90%
Annual Wage	$24,930	$33,600	$48,930	$75,340	$111,800
Hourly Wage	$11.98	$16.16	$23.53	$36.22	$53.75

How Much Do Real Estate Sales Agents Make ? 2021

Percentile

10%

25%

50% (Median)

75%

90%

Annual Wage

$24,930

$33,600

$48,930

$75,340

$111,800

Hourly Wage

$11.98

$16.16

$23.53

$36.22

$53.75

Real Estate Sales Agents Tasks

Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
Present purchase offers to sellers for consideration.
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
Generate lists of properties that are compatible with buyers' needs and financial resources.
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
Compare a property with similar properties that have recently sold to determine its competitive market price.
Interview clients to determine what kinds of properties they are seeking.
Contact previous clients for prospecting of referral business.
Contact previous clients for prospecting of referral business.
Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings, to remain knowledgeable about real estate markets.
Coordinate appointments to show homes to prospective buyers.
Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
Advise sellers on how to make homes more appealing to potential buyers.
Contact property owners and advertise services to solicit property sales listings.
Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
Arrange for title searches to determine whether clients have clear property titles.
Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
Investigate clients' financial and credit status to determine eligibility for financing.
Review plans for new construction with clients, enumerating and recommending available options and features.
Review plans for new construction with clients, enumerating and recommending available options and features.
Evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
Appraise properties to determine loan values.
Visit properties to assess them before showing them to clients.
Contact utility companies for service hookups to clients' property.
Solicit and compile listings of available rental properties.
Conduct seminars and training sessions for sales agents to improve sales techniques.
Arrange meetings between buyers and sellers when details of transactions need to be negotiated.
Rent or lease properties on behalf of clients.
Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.
Locate and appraise undeveloped areas for building sites, based on evaluations of area market conditions.

What Activities Do Real Estate Sales Agents Do?

Prepare sales or other contracts.
Negotiate prices or other sales terms.
Negotiate prices or other sales terms.
Obtain property information.
Develop content for sales presentations or other materials.
Appraise property values.
Gather customer or product information to determine customer needs.
Contact current or potential customers to promote products or services.
Identify potential customers.
Attend events to develop professional knowledge.
Schedule appointments with prospective customers.
Advise real estate clients.
Advise real estate clients.
Contact current or potential customers to promote products or services.
Advise real estate clients.
Deliver promotional presentations to current or prospective customers.
Explain technical product or service information to customers.
Advise real estate clients.
Obtain property information.
Develop professional relationships or networks.
Verify customer credit information.
Recommend products or services to customers.
Develop proposals for current or prospective customers.
Advise real estate clients.
Examine condition of property or products.
Appraise property values.
Appraise property values.
Arrange delivery of goods or services.
Obtain property information.
Train sales personnel.
Schedule appointments with prospective customers.
Contract real estate to clients.
Identify investment opportunities or strategies.
Appraise property values.

Typical Real Estate Sales Agents Knowledge?

Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.

What Are Typical Real Estate Sales Agents Abilities?

Oral Comprehension - Listening and understanding what people say.
Oral Expression - Communicating by speaking.
Speech Recognition - Recognizing spoken words.
Written Comprehension - Reading and understanding what is written.
Speech Clarity - Speaking clearly.
Written Expression - Communicating by writing.

What Are Typical Real Estate Sales Agents Skills? 2021

Speaking - Talking to others.
Active Listening - Listening to others, not interrupting, and asking good questions.
Negotiation - Bringing people together to solve differences.
Coordination - Changing what is done based on other people's actions.
Social Perceptiveness - Understanding people's reactions.
Persuasion - Talking people into changing their minds or their behavior.
Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
Service Orientation - Looking for ways to help people.
Time Management - Managing your time and the time of other people.
Reading Comprehension - Reading work-related information.
Writing - Writing things for co-workers or customers.

What Are Typical Real Estate Sales Agents Interests?

Conventional - Occupations related to Conventional interests frequently involve following set procedures and routines. They include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Enterprising - Occupations with Enterprising interests frequently involve starting up and carrying out projects. Many involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

Location	2018 Employment	2028 Employment	Percent change	Annual projected job openings
United States	369,200	394,800	7%	38,900

What Is The Projected Employment For Real Estate Sales Agents ? 2021

Location

2018 Employment

2028 Employment

Percent change

Annual projected job openings

United States

369,200

394,800

7%

38,900

What Is The Required Real Estate Sales Agents Education & Experience? 2021

High school diploma or equivalent
No work experience
1 to 12 months on-the-job training

Real Estate Sales Agents Jobs Near Me .

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What Careers Are Related To Real Estate Sales Agents?

Real Estate Brokers

Advertising Sales Agents

Loan Officers

Administrative Services Managers

Insurance Sales Agents

Property, Real Estate, and Community Association Managers

Travel Guides

Travel Agents

First-Line Supervisors of Office and Administrative Support Workers

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2021 Real Estate Sales Agents Salary Guide