The average salary of real estate agents in Utah is about $74,794 / year with potential to make six figures. Once you have a Utah real estate license, income potential will depend on the number of transactions completed, the commission paid to the brokerage, and how much is split with the sponsoring broker.
Keeping this in view, do real estate agents get paid well?
Among real estate agents, the mean income of $82,045 is 50 per cent higher than the median income of $54,539. This suggests that the average is being elevated by those earning very large sums. … Some agents get paid purely on commission, but Sammut says this practice is becoming less common.
Subsequently, how long does it take to become a real estate agent?
How many hours do real estate agents work?
Daily and Weekly Routines
Nearly half (49 percent) work 40 hours or more. What’s more, over half (53 percent) say they work the same hours or longer today than they did their first year.
While ZipRecruiter is seeing salaries as high as $89,236 and as low as $18,032, the majority of Entry Level Mortgage Loan Officer salaries currently range between $27,741 (25th percentile) to $40,225 (75th percentile) with top earners (90th percentile) making $60,106 annually in Utah.
Real Estate Agent Salary in Utah
|Annual Salary||Hourly Wage|
Higher than Average Salary
Working as an estate agent is also an opportunity to build a successful career, from which you can earn an income based on your performance. It is, therefore, a growing market and you will most probably see a positive return on your efforts.
Choosing a career in real estate may be the best decision of your life. It can be very rewarding if you are prepared to give it all you’ve got. The Utah real estate market is doing very well right now and more agents are needed to meet the demand for the many buyers and sellers.
Earning a living selling real estate is hard work. You have to be organized in order to keep track of legal documents, meetings, and all the tasks that go into multiple listings. You may go without a paycheck for periods of time because the work is often commission-based. If you don’t sell, you don’t earn anything.
Here is a look at the top 100 highest-paying jobs:
- Cardiologist. National average salary: $351,827 per year.
- Anesthesiologist. National average salary: $326,296 per year.
- Orthodontist. National average salary: $264,850 per year.
- Psychiatrist. National average salary: $224,577 per year.
- Surgeon. …
- Periodontist. …
- Physician. …
|Rank||Job Title||Average Salary|
|2||Consultant And Sales Representative||$164,289|
|3||Vice President Of Operations And Engineering||$152,366|
|4||Vice President, Product Management||$145,763|
What is a Real Estate Agent? Real estate agents guide clients through the buying and selling of properties. As a seller, they help clients place their home on the market and provide consultation on how to best prepare the home for a successful and fast sale.