Can you make millions selling real estate?

Can you make millions selling real estate?

Star real estate agents in the state of California can make millions annually. These agents need to average at least $50 million in sales annually with an average commission of 2%.

Can you be a millionaire as a real estate agent?

About 90% of the world’s millionaires over the last 2 centuries have come from real estate. So that’s a resounding yes! For many investors, real estate offers a great opportunity to build wealth and create a large profit on each deal.

How many houses do you have to sell to make a million?

However, how many houses you have to sell you depends on how expensive the houses you sell are. If your average sales price is one million dollars, you only have to sell 50 houses a year to make one million dollars a year. Most agents are not in an area that will allow them to sell 50 one million dollar houses a year.

How many houses do most agents sell per year?

So How Many Houses Does a Realtor Really Sell Each Year? Only a small number of realtors sell more than a hundred homes a year, and the majority sell anywhere between 2-10 homes a year.