Source: Market Realist —
With home prices still high across most of the country, you may be considering a career in real estate. According to the U.S. Bureau of Labor Statistics, there are about 54,800 openings for real estate agents and brokers every year. And the real estate job market is expected to grow.
However, being a real estate agent is more challenging than it may appear. Over 87 percent of new agents fail within their first five years. So, before you sign up for classes to get your real estate license, let’s look at how real estate agents get paid and whether it’s a good career choice.
How do real estate agents get paid?
Real estate agents and brokers are paid primarily on commissions earned from selling homes. You don’t make any money until you help someone buy or sell a home.
