How Much I Made My First Year As A Real Estate Agent

So how much money can you make as a real estate agent? Here is a breakdown of my income my first year in real estate.

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Want to become an agent?

Interested in my future youtube coaching for agents?

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[thuylamson-zt]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[WillyJohnson-unhq]

The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.

[millennialx]

I'm a firm believer that Luck is what happens when preparation meets opportunity, but what about life beyond luck. Plenty of people have had lucky opportunities they were not ready for and they managed to lose or destroy an amazing blessing or they weren't in a proper head space to see the opportunity for what it was or were too scared to take a chance. Good Luck definitely is a part of highly successful peoples fate so don't dismiss it or take it for granted, but success is also about having a positive mindset, good work ethic, and knowing how to fail and knowing when to cut your losses and regroup. My grandma always had a bunch of colloquialisms luck you can't control but hard work you can, only successful people learn from failure, and that money is a tool that is either a vicious master or excellent slave. Wishing you more luck!

[brandongrinds]

your my favorite realtor on YouTube! im a real estate student right now, the content you provide is very helpful.

[Group]

Remarkable for 1st year agent. Congratulations. You're on fire. I certainly didn't have your success my 1st year. You've proven (what I have heard over and over), YouTube is vital!

[DoYouLikeToastToo]

Definitely picked the right year to enter real estate. Hopefully you have continued success in down years as well

[ElleMakesIt]

Yes! Love you talking about how hard you have worked to get your "luck". Celebrate your wins!

[corey_watsonkyagent]

Help Monica!!
I’ve wanted to start a YouTube for some time! I’m ready…congrats on an excellent first year!
Keep posting!

[ecyorkdaleglenpark]

Wow, just taking a break watching this and love how you broke everything down. It isa similar process for someone wanting to become a travel agent

[shcampani]

Congratulations! Great first year Monica. Real Estate is a great industry to be a part of. A couple of things others should keep in mind are, as a Real Estate Agent you are an independent contractor. That means you are responsible for paying your own taxes. Your brokerage does not withhold taxes from your commission checks. That means when you get those big commission checks you also have a large tax bill you are responsible for. Also, brokerages vary drastically in their fee structure. Some take up to 30% of your commission until you reach your cap (A set dollar amount you must meet each year before you can keep 100% or the majority of your commission). Many also have office fees etc. If you are part of a team then you will also pay a portion of your commission to your team lead. That's only fair since they are sharing all their knowledge with you and taking time to show you the ropes. You will also have other fees such as membership and licensing dues that are paid to your Real Estate commission. With all that said it is very possible to make a great living being a Real Estate Agent. Its a lot of work to be a successful agent but is such a great career path.

[viva_me_lotzlove]

I'm barely starting in real estate I'm so excited and you are a motivation thank you for this video

[vsibirsky]

I did watch a recent video where you were considering coming to NYC to work for a Real estate agent here. My comment on that video was you consider all angels on the offer. Having watched this video I am even more convinced that you should stay put I. where you are. I do love your idea of "coaching" others one to one. Isn't going to float in NYC. I know I worked in this field for a long (successful) time. Wish you well going in to the future and IF you land up in my hometown I with you the perseverance to work hard and luck as well.

[cathenido]

I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 33 for $87, 000 and sold it for $197, 000, My second home, acquired for $170, 000, was later sold for $320, 000, and my third property, purchased at $300, 000, fetched $589, 000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal..

[crystalrodriguez]

I just started in April 2022 and sold 4 houses by August. I know it's not as much as you but I couldn't believe I was capable of that. And I could have closed more but as a newbie I didn't want to overwhelm myself. It took lots of hard work but I am going to stick with it. I have 4 kids and juggling work and family is challenging but the paychecks are so worth it

[Charlierose]

I’m so happy for you I guessed 100, 00 and I even said that seems too little! You go Monica!

[padx]

very good idea to merge your youtube stuff with real estate. congrats on the W's

[jakarabryant]

I’m manifesting this!! I’m literally preparing for my exam this month. Congratulations!!

[LayneFable]

Your are so inspiring!! Love your videos and your transparency, always

[kimberlysbeautychannel]

I’m an agent and my first year I made like 10k 🤣 I’m in my third year and I’m only at around 50k so far! I’m in west Texas and medium home prices are around 220k. Definitely take that in mind if it’s not going as great for you :)

[xkyutelaogrlx]

Thank you for the info! Looking forward to this journey in real estate.