Have you ever researched what the average Illinois real estate agent earns each year? We’ll give you the figures in a moment, but first, there are some important things to consider.
How Much Do Real Estate Agents Earn In Commission?
Real estate is a commission-based job. Well, actually, it isn’t a “job”, since you’re working for yourself, rather than as an employee with a boss. You’re technically an Independent Contractor, and your commissions can range anywhere from zero to over a million dollars per year. Seriously, there are people who get their real estate license, then never earn a dime, because they don’t take enough action… or enough of the right actions.
How Does An Agent Earn High Commissions?
There are several keys to generating income as a real estate agent. One, it’s important to pick a good agency to work with. A quality agency will provide extensive training and support, to help you get to your first sale as quickly as possible. Next, it’s critical to have a growth mindset – there’s so much to know about real estate, and about how to meet customers’ needs, so successful agents never stop learning. Finally, you’ll need to keep going. It’s not always easy, but if you have a strong reason why you’re doing real estate, that purpose will help you through the challenging times.
What Are The Commission Ranges For An Illinois Real Estate Agent?
One of the main reasons that people get into real estate is to have control over what they earn. You can see from this graphic [average real estate agent salary Illinois] that there’s a huge range in even supposedly average salaries. Are you wondering how much you can make? Our guess is that, if you watched this video all the way to the end, you’re probably above average to begin with, but there’s really only one way to find out.
Ready To Start A Career in Real Estate?
If you’re ready to take charge of your financial future register for the real estate license course. We provide online real estate classes. Still have questions? We have a library of videos, answering all of the questions we get from folks just like you – the link for that is below as well. And feel free to call, email, or LiveChat with us – we’re here to help!