How Much Money Do Real Estate Agents Make?

Real estate agent compensation can vary widely depending on experience level, location, and drive to make a sale. Agents are independent contractors whose money usually comes from commissions. They only earn commissions on the homes they sell.

According to U.S. News & World Report, the median salary for real estate agents was $48,930 in 2019. Payscale reports that an entry-level agent will average about $41,000, while a late-career agent can make $72,000 and up. Top-selling agents in major metropolitan areas can make millions in commissions a year.

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