Frequent question: How much do real estate agents in TN make?

How much does a new real estate agent make in TN?

According to Indeed, the average base salary for a Tennessee real estate agent is $84,815. To earn the average salary, a listing agent would need to sell more than 17 properties at the current median price each year. Several factors have an impact on how much an individual real estate agent will earn.

How much do part time real estate agents make in Tennessee?

While ZipRecruiter is seeing salaries as high as $104,349 and as low as $16,451, the majority of Part Time Real Estate Agent salaries currently range between $28,202 (25th percentile) to $75,206 (75th percentile) with top earners (90th percentile) making $94,007 annually in Tennessee.

How much does a realtor make in Nashville TN?

The average salary for a realtor is $96,795 per year in Nashville, TN.

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Is it hard to become a real estate agent in Tennessee?

The Tennessee real estate license requirements are fairly simple. You start by completing 90 hours of prelicensing courses, taking the real estate exam, and choosing a brokerage before submitting your application.

What is the highest paying job in Tennessee?

Detailed List Of Highest Paying Jobs In Tennessee

Rank Job Title Average Salary
1 Vice President, Field Operations $182,008
2 Consultant And Sales Representative $176,557
3 Primary Care Physician $172,355
4 Chief Operating Officer, Chief Technology Officer $165,128

Do real estate agents get paid hourly?

No, real estate agents do not get paid hourly. Instead, agents work on a commission basis. The amount of money an agent earns in commission will depend on various factors and will likely be different for every agent.

How much are closing costs in TN?

According to the latest data from ClosingCorp, the average closing cost in Tennessee is $3,790.39 after taxes, or approximately 1.26% to 1.9% of the final home sale price. If the average home in Tennessee sells for $200,000 to $300,000, you can expect to pay from $2,520 to $5,700 in closing costs after taxes.

What is the highest paying job?

Highest-Paying Careers

Rank Occupation 2020 Median wages
Annual
1 Anesthesiologists $100.00+
2 General Internal Medicine Physicians $100.00+
3 Obstetricians and Gynecologists $100.00+

What is a real estate agent monthly salary?

How much does a real estate agent make a month? Real estate agents make an average of $5,980 per month according to reported pay by Indeed users.

How do you become a realtor in TN?

How Do I Get My Tennessee Real Estate License?

  1. Step 1: Be at Least 18 Years of Age. …
  2. Step 2: Complete the Tennessee 60-Hour Real Estate Principles Course. …
  3. Step 3: Register and Take the Tennessee Affiliate Broker Licensing Exam. …
  4. Step 4: Complete the Tennessee 30-Hour Course for New Affiliates. …
  5. Step 5: Apply for Your License.
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How much does a realtor make in Knoxville TN?

The average salary for a real estate agent is $85,270 per year in Knoxville, TN.

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

How Much Do Real Estate Agents Make in Florida? The U.S. Bureau of Labor Statistics, in 2020, reported the average income of real estate agents in Florida ranges from $24,856 to $162,283. These earnings vary depending on location, experience, specialty, and average hours worked.

Can you be a part-time realtor?

Yes, you can be a part-time real estate agent. The process of becoming a part-time agent is almost exactly the same as for people training to become a full-time agent. The only difference is that some brokerages typically won’t hire people who work part-time.

How long is Realtor school?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

Do you have to go to college to be a real estate agent?

You don’t need a college degree to become a real estate agent in most states. A degree or certificate program can help you learn skills that you’ll use while on the job, but it’s not required. In fact, there are only a few things required to become a real estate agent in each state.