FAQs
A Dallas real estate agent won his third Guinness World Record for selling thousands of homes throughout Texas. Ben Caballero, founder and CEO of HomesUSA.com, earned the honor for selling the most homes through multiple listing services by an individual seller-side real estate agent in 2020.
Who is the most successful real estate agent in the world? ›
Aaron Kirman knows how to close a deal: He's sold roughly $6 billion worth of real estate over his 25-year career, making him the No.
What is the world record for most houses sold in a year? ›
Caballero holds a plaque reflecting his 2020 Guinness World Record title. Real estate pro Ben Caballero is breaking records yet again. He individually sold 6,438 homes in 2020, topping his own previous world record in sales. That sales record equates to moving $2.46 billion in real estate in just one year alone.
Who is the richest real estate agent? ›
1. Donald Bren. Donald Bren began his career as a typical real estate agent, making his first investment in a real estate company that purchased over 90,000 acres of land.
Who sold the most houses in the world? ›
DALLAS, May 26, 2021 /PRNewswire/ -- Ben Caballero, a current Guinness World Record title holder and the No. 1-ranked real estate agent in the U.S. since 2013 by RealTrends, set a new record for home sales last year. He individually sold 6,438 homes worth more than $2.46 billion in 2020.
How much do top 1% realtors make? ›
Each real estate office sets its own standards for top producers, but it's safe to say that a top producer would have to sell at least one home per month to qualify. Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.
What is the richest real estate job? ›
14 high-paying real estate jobs
- Property accountant.
- Real estate broker.
- Realtor.
- New home sales consultant.
- Compliance specialist.
- Real estate agent.
- Real estate attorney.
- Mortgage loan officer.
Who owns the most expensive house in the US? ›
The Chartwell Estate, located in Beverly Hills, California, is owned by the late head of Univision, Jerry Perenchi. Built in 1933, the French neoclassical home encompasses 25,000 square feet of land. It is situated on a 10-acre expanse of manicured lawns and gardens.
Who sold the most houses in the US? ›
Caballero has been the top-ranked real estate agent by REAL Trends for both total sales and number of transactions since 2013. Between 2004 and 2019, Caballero sold 36,827 new homes totaling $13.141 billion in volume.
What is the most expensive home ever sold in the United States? ›
Should we be surprised that the country's most expensive residential transaction happened at 220 Central Park South, again? In 2019, hedge fund owner Ken Griffin logged the highest amount paid for a residence on record in the US, when he bought a penthouse for $238 million in the lauded limestone tower.
The largest real estate company in the USA is Coldwell Banker. Founded in 1906, Coldwell Banker has over 100 years of experience buying and selling homes that they share with the people they work for. It has a total of 3000 offices and even exists in more than 49 countries.
Can a realtor become a billionaire? ›
Yes, you can become a billionaire with significant real estate holdings and investments. It is unlikely that you will reach billionaire status as a real estate agent. Some of the richest people in the world have achieved their wealth through real estate investments.
Who is the richest black real estate agent? ›
Roy Donahue "Don" Peebles (born March 2, 1960) is an American real estate entrepreneur, author, and political activist. Peebles is the founder, chairman and Chief Executive Officer of the Peebles Corporation, a real estate company. Washington, D.C., U.S.
Who has the biggest property on earth? ›
Istana Nurul Iman Palace, the official residence of the Sultan of Brunei, Hassanal Bolkiah, is the largest house in the world, spread over 2.15 million square feet.
What celebrity owns the most real estate? ›
Jeff Bezos: 30K-acre ranch, one museum, too many homes to count. Former Amazon CEO Jeff Bezos remains the richest person in the world, with an estimated net worth of $140 billion. He has spent millions of dollars amassing a massive real-estate portfolio across the US, from his home state of Washington to New York City.
Who owns the highest house in the world? ›
Antilia, located in Mumbai, India is the second most expensive house in the world and at the top of the world's luxurious house lists. It was constructed for Mukesh Ambani, India's richest person. Mukesh Ambani is the Chairman & Managing Director of Reliance Industries Limited, a Fortune Global 500 company.
What do most realtors make their first year? ›
While ZipRecruiter is seeing annual salaries as high as $144,000 and as low as $28,000, the majority of First Year Real Estate Agent salaries currently range between $65,000 (25th percentile) to $100,000 (75th percentile) with top earners (90th percentile) making $125,000 annually across the United States.
What percentage do most realtors take? ›
What percent commission do most real estate agents charge? The traditional standard commission is 6 percent of a home's purchase price, which is split evenly (3 percent each) between the buyer's agent and the seller's agent.
What is realtor salary? ›
Where do realtors make the most money? ›
The following are the 10 states where real estate agents earn, on average, the most money:
- New York: $111,800 (average real estate agent salary)
- Massachusetts: $84,180.
- Connecticut: $79,780.
- Alaska: $79,360.
- Colorado: $76,850.
- Utah: $75,170.
- California: $74,140.
- Texas: $72,830.
If You're Going to Dream, Dream Big (and Plan Even Bigger) Consider what it would take to make $1 million in gross commissions your first year selling real estate (before expenses and taxes). It would involve selling approximately $50 million of real property with an average salesperson commission of 2%.
Is real estate get rich quick? ›
There is no quick way to make money or get rich in real estate, but you can grow wealth gradually and consistently by investing correctly. You are probably aware that there are numerous ways to accumulate wealth, but real estate is one of the most effective.
Where is the cheapest house in USA? ›
10 Cheapest Housing Markets to Buy a House in the US
- West Virginia. With a Zillow Home Value Index of $146,578, West Virginia is the most affordable state to buy a house in the US. ...
- Mississippi. ...
- Arkansas. ...
- Louisiana. ...
- Oklahoma. ...
- Kentucky. ...
- Iowa. ...
- Ohio.
Who owns the biggest house in America? ›
Experience America's Largest Home®, as magnificent today as it was more than a century ago. Your self-guided house visit spans three floors and the basem*nt of the luxurious family home of George and Edith Vanderbilt.
Where is the most expensive land in the US? ›
10 Most Expensive States To Buy an Acre of Land
- Rhode Island. Average per acre price: $93,294.
- New Jersey. Average per acre price: $88,306. ...
- Delaware. Average per acre price: $83,115. ...
- Hawaii. Average per acre price: $75,456. ...
- Florida. Average per acre price: $67,384. ...
- Massachusetts. Average per acre price: $46,092. ...
- Illinois. ...
- Maryland. ...
What is the number one most visited house in America? ›
Mount Vernon
The most visited historic estate in America, Mount Vernon is located on the banks of the river Potomac.
What is the biggest selling point of a house? ›
Here's a top 10 list of what's most important to potential homebuyers:
- THE OUTSIDE. It's trite but true: You don't get a second chance to make a first impression. ...
- LOCATION. Today's homes have to be conveniently located for homebuyers, agents say. ...
- GARAGE. ...
- KITCHEN. ...
- MASTER BEDROOM. ...
- BATHROOM. ...
- STORAGE SPACE. ...
- BAsem*nTS.
Did anyone ever sell the $75 million dollar house? ›
Selling Sunset's Davina Potratz infamous $75million listing is unsold three years later.
Where is the most expensive place to buy a house in the US? ›
1 most expensive state to buy a house in 2022: Hawaii. Hawaii is the least affordable state to buy a house this year. The median household income is $99,800 and it takes 35.15% of that amount to afford a home. According to the study, the island state is in high demand for both vacationers and residents.
Who owns the most expensive house in Florida? ›
The record sale in the enclave was Oracle founder Larry Ellison's $173 million purchase of billionaire Jim Clark's oceanfront estate last year. A living space inside the main home on Tarpon Isle, a private island in Palm Beach, Florida, on sale for $218 million.
Of those agents, there are 1.6 million Realtors®, as of November 2022, according to a 2022 NAR report. That same NAR report found Florida has the most registered Realtors®, with 223,617 members. California ranks a close second with 215,4772 Realtors®.
Why are people leaving eXp Realty? ›
Many agents will simply leave eXp Realty because they feel a physical office will help them sell more real estate. Agents must do what's right for their business and themselves. While eXp Realty agents can lease or own their office space, this option may be too expensive.
What percentage of millionaires are realtors? ›
“90% of all millionaires become so through owning real estate.” This famous quote from Andrew Carnegie, one of the wealthiest entrepreneurs of all time, is just as relevant today as it was more than a century ago.
Why are most millionaires in real estate? ›
Because of the many tax benefits, real estate investors often end up paying less taxes overall even as they are bringing in more income. This is why many millionaires invest in real estate. Not only does it make you money, but it allows you to keep a lot more of the money you make.
How do real estate agents get so rich? ›
The main source of that income comes from commissions on real estate sales. If you're buying a home, it's important to understand how any agents you work with earn their commission.
Can residential real estate make you rich? ›
Can real estate make you rich? It can, but it's not a sure bet. The real estate market has boom and bust cycles, and real estate investors can lose money as well as make money.
Who is the richest Black family? ›
1. Aliko Dangote. Aliko Dangote is not only the richest man in Africa in 2023 for the 12th year in a row, but he is also one of the Black billionaires in the world with an estimated net worth of US$14 billion.
Who is the largest African American land owner? ›
The largest landowner in the country is John Malone, owner of Liberty Media and something few know is he was the second largest shareholder in Black Entertainment Television behind the founders Bob and Sheila Johnson.
What Black person has the most expensive house? ›
Byron Allen Sets Record For Most Expensive U.S. Home Purchase By A Black Buyer With $100M Mansion Closing. His most recent historical purchase is particularly inspiring since Black Americans are on the lower rung of home ownership. One thing Byron Allen is going to do is win and set records while doing it.
What country owns the most United States property? ›
In a study of USDA reports, Pew found the foreign country that owns the most U.S. land is not China or Russia, but rather, our neighbors north: Canada. Investors from the Great White North, according to the USDA, own about 12.8 million acres of U.S. land, most of it forest land.
MuMA Hut | WeWilder
This 15 sqm house is the smallest in the world, built by Romanian volunteers. The materials used in the project are bought from the local area to revitalize traditional/vernacular materials.
Where is the largest house in America? ›
Biltmore Estate, North Carolina
The Biltmore Estate in Asheville, North Carolina, is the largest home in the U.S. and comes in at a staggering 175,000 square feet.
Which celebrity owns the biggest mansion? ›
1. Bill Gates' $125million house. After seven years in the making, Bill Gates' mega-mansion 'Xanadu 2.0', takes the top spot at a whopping $125 million!
What family owns the most real estate? ›
The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.
What company owns the most property? ›
The research suggests that McDonald's owns about 70% of the buildings and 45% of the land at its locations worldwide. Once all the math is done, calculations show that McDonald's owns around 47,037 acres of land. McDonald's only owns and operates about 15% of locations directly. The remainder is run by franchisees.
Where is the most expensive place to live? ›
Tied with New York, Singapore often tops the list.
Which billionaire has the biggest house? ›
The richest man in the world, Bill gates owns this simple-looking, but extravagantly architected mansion, on the edge of Lake Washington. Named Xanadu 2.0, this 66,000 sq.
Who owns the richest mansion in the world? ›
The world's most expensive private residence in the world, Antilia is owned by Mukesh Ambani, the richest person in India, and is named after a mythical island in the Atlantic.
Who are the most successful people in real estate? ›
Gary Keller, founder and executive chairman, Kwx. Glenn Sanford, founder and CEO, eXp World Holdings. Ryan Schneider, CEO and president, Anywhere Real Estate. Richard Barton, cofounder and CEO, Zillow Group.
Are most millionaires real estate agents? ›
More importantly, real estate remains a wealth-building tool for the majority of moguls. An estimated ninety percent of millionaires were created through real estate investing. Any billionaire in the U.S. or anywhere around the globe that you know of has invested in real estate in some form or the other.
Becoming a millionaire real estate agent is possible, but it does not happen overnight. Only you can make it happen by constantly learning and being persistent in your goal. Ask yourself every day what you are doing that is getting yourself closer to your short term and long term goals.
Who is the most successful realtor on Million Dollar Listing? ›
Josh Altman
According to their website, Josh sold a career high of $1.2 billion in residential sales in 2021. He lives with his wife, Heather, and their two children, Alexis and Ace, in Beverly Hills.
Who owns the most property in the world? ›
The Biggest Landowners in the World
Rank | Name | Locations |
---|
1 | King Charles III and the British Royal Family | United Kingdom, Canada |
2 | Catholic Church | Worldwide |
3 | Inuit People of Nunavut | Canada |
4 | Gina Rinehart | Australia, United States |
21 more rows
Who owns the most real estate property? ›
The largest landowners in the United States are the Emmerson family, with 2,330,000 acres of land.
What are the 3 L's of a millionaire real estate agent? ›
Those three priorities are The Three Ls—Leads, Listings, Leverage. The philosophy comes from the book “Millionaire Real Estate Agent” by Gary Keller, Dave Jenks, and Jay Papasan.
Where do real estate agents make the most money? ›
The following are the 10 states where real estate agents earn, on average, the most money:
- New York: $111,800 (average real estate agent salary)
- Massachusetts: $84,180.
- Connecticut: $79,780.
- Alaska: $79,360.
- Colorado: $76,850.
- Utah: $75,170.
- California: $74,140.
- Texas: $72,830.
Where do 90% of millionaires come from? ›
“90% of all millionaires become so through owning real estate.” This famous quote from Andrew Carnegie, one of the wealthiest entrepreneurs of all time, is just as relevant today as it was more than a century ago. Some of the most successful entrepreneurs in the world have built their wealth through real estate.
Is it hard to get rich in real estate? ›
There is no quick way to make money or get rich in real estate, but you can grow wealth gradually and consistently by investing correctly. You are probably aware that there are numerous ways to accumulate wealth, but real estate is one of the most effective.
Who got fired from Million Dollar Listing? ›
Season 14 of Million Dollar Listing Los Angeles will not feature Fredrik Eklund, and his former co-star Tracy Tutor is more than fine with the decision. "Well, that was fantastic," Tutor tells PEOPLE exclusively of her reaction to the news of Eklund's exit ahead of the show's premiere Thursday night.
How many millionaires are involved in real estate? ›
40% of an average millionaire's assets consist of real estate. That's partly because real estate can be a great investment and partly because US property values are very high. Many millionaires have a significant percentage of their wealth tied up in their primary residence.