How Much Do Real Estate Agents Make in Texas? (2024)

FAQs

How Much Do Real Estate Agents Make in Texas? ›

The estimated total pay for a Real Estate Agent is $187,482 per year in the Texas area, with an average salary of $123,660 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

The estimated total pay for a Real Estate Agent is $187,482 per year in the Texas area, with an average salary of $123,660 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Because of this commission-based structure of earnings, there is no limit to how much you can make. The harder you work, the more will you make, which will only increase with your experience in this field. The potential for high earnings in Texas for real estate agents is therefore quite high.

For highest-paid real estate agents go West — West Texas, that is, and Midland.

87% of Real Estate Agents Fail. Here's Why. While the real estate agent failure rate may seem shocking to some, it's the stark reality of the industry. However, this doesn't mean you should give up before you get started.

Popular Investment Strategies

Is Texas a good place to invest in real estate? The answer is a resounding yes! Texas is one of the five fastest-growing investment markets, as ranked by businesses. Cities like San Antonio, Fort Worth, Frisco, Georgetown, New Braunfels, and Leander are growing the fastest.

If you sell enough properties, you can earn a very comfortable living. A career as a real estate agent or broker can be both challenging and financially rewarding. But keep in mind that there are many different unique opportunities for anyone who wants to work in the industry.

Being a real estate agent is a risky job, as these professionals often meet in empty houses with prospective clients whom they have never met before. They regularly drive strangers in their cars and hold open houses that attract people off the street.

Licensed Real Estate Agent Salary in Texas. $62,400 is the 25th percentile. Salaries below this are outliers. $105,300 is the 75th percentile.

What is the richest real estate job? ›

The highest-paying real estate job is typically the role of a Real Estate Development Manager. Real Estate Development Managers are responsible for overseeing large-scale development projects, managing budgets, negotiating deals, and ensuring successful project completion.

Out of the 250 top producing agents identified in the Real Trends survey, the following percentages of agents are found in the following five states: California: 44% New York State: 24% Florida: 7%

While you have to be at least 18 years old to become a real estate agent, there are realtors of all ages. According to the National Association of Realtors (NAR), the typical real estate agent is a 54-year-old white female who attended college. Female realtors make up over 60% of all realtors and the median age is 52.

You may have read online that many real estate agents fail. The National Association of Realtors (NAR) found that 75% of Realtors fail within the first year of being in the industry and 87% after five years.

According to NAR, the average Realtor completes a median of 12 residential transactions annually. However, it's important to keep in mind that this doesn't necessarily indicate how many houses the average Realtor sells. A completed transaction can mean the agent assisted on either the buyer's or seller's side.

Currently, the average commission rate in Texas is about 6%. The state-wide median home sale price was $345,000 in Q2 2023. Before you get excited about making $20,000 on a sale like that, there are some important factors to know about. First, commissions are usually split 50/50 between buyer and seller agents.

First Year Real Estate Agent Salary in Texas. $55,900 is the 25th percentile. Salaries below this are outliers. $93,200 is the 75th percentile.