How much money does a real estate agent make in Colorado?

How much do beginner real estate agents make in Colorado?

While ZipRecruiter is seeing salaries as high as $142,809 and as low as $18,791, the majority of First Year Real Estate Agent salaries currently range between $49,325 (25th percentile) to $97,710 (75th percentile) with top earners (90th percentile) making $121,668 annually in Colorado Springs.

How long does it take to become a real estate agent in Colorado?

How Long Does It Take to Get a Real Estate License in Colorado? The entire process from taking the required education to receiving your license takes anywhere from 2 to 4 months. While VanEd students have a full year to complete their coursework, most finish in less than 6 months.

What is the highest paid real estate agent?

Here’s a breakdown of the top-10 states in which real estate agents earn the most money on average:

  • New York average real estate agent salary: $111,800.
  • Massachusetts average real estate agent salary: $84,180.
  • Connecticut average real estate agent salary: $79,780.
  • Alaska average real estate agent salary: $79,360.
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Is Colorado a good place to be a real estate agent?

In two broad categories, Denver ranks No. 3 for “job opportunity and competition” and No. 6 for “real estate market heat.” At the other extreme is Detroit, the lowest scoring of the 150 cities at 21.67.

What’s the highest paying job in Colorado?

Detailed List Of Highest Paying Jobs In Colorado

Rank Job Title Average Salary
1 Obstetricians And Gynecologists $285,710
2 Surgeons, Except Ophthalmologists $276,700
3 Physicians, All Other; And Ophthalmologists, Except Pediatric $247,520
4 Psychiatrists $225,690

How much does a realtor make in Denver?

The salaries of Real Estate Agents in Denver, CO range from $21,780 to $110,560 , with a median salary of $43,370 . The middle 60% of Real Estate Agents makes $43,370, with the top 80% making $110,560.

Is the Colorado real estate exam hard?

The Colorado Real Estate Salesperson Exam is one of the hardest state test to pass in the United States. We have compiled this simple exam cram book that quickly and easily prepares you to take your state licensing exam and pass it on the 1st try with the PSI exam.

Why do realtors quit?

Most new real estate agents quit their first year because of the emotional toll of “fear of failure” and rejection. Nobody likes to feel rejected. Rejection is part of the job but remember that people are not rejecting you. They are rejecting the notion of buying or selling at that time.

Is real estate a good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

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Is real estate a good career in 2021?

Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.

Is real estate agent a dying career?

Real estate isn’t a dying career. In fact, there are more real estate agents in 2021 than perhaps ever before. However, the field is changing dramatically, with the advent of online marketing, VR and virtual tours, and easy online paperwork.

How much do the top 1% of 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.