6 Smart Ways to Invest Your Commission Check

How much do real estate agents earn? How should you invest your real estate commission? Real estate agents are famous for making big money. With commission checks upwards to $15,000, they can make more money than most people. But, now that they have the cash... what do they do with it?
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A commission check is big enough to change your life. If you sell a property in a large city like Los Angeles, you can make upwards to $15,000 – easy! That's on the low end. Some properties in California can sell for upwards of $2 Million. That means the agent who sells that property will earn $42,000!

This career comes with high rewards.

With great money, comes great responsibility, though. What do you do with all of that money? Blow it in Las Vegas? I don't think so. Here are the smartest ways you can invest your commission check to improve your business and better your life.

Chapters:
00:00 - How much is a real estate agent's commission check in California?
01:51 - Invest in Real Estate Property to Create Passive Income
02:37 - Grow Your Business by Investing Your Check into Marketing
03:41 - Save Your Money for Taxes
04:57 - Keep Some Money Saved for When Business Slows Down
06:06 - Invest in Your Own Professional Development
06:47 - Enjoy it
08:32 - Do You Want to Start Earning a Real Estate Agent's Commission?

#RealEstateAgentCommission #RealEstateCommission #Commision
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[nickdomenici]

1.5 years in and I'm in contract! first deal ever thanks for the help along the way im crazy excited

[JM-lsdu]

Thank you for this videos! Keep using the music you used in the beginning of this video I really like it🙂❤

[castro]

I passed my real estate exams, Rico, you really did inspire me. Thank you so much 🙏

[mariateresadelacruzgoenaga]

Thanks Rico for your advices. I am totally agree with you!

[ChaseMilner]

Great video Rico! It’s always so exciting to see that big commission check but it’s important to be wise on how to invest, save, spend, and enjoy it!

[seanfrancis]

I love your videos and you have inspired me to pursue a career in real estate - I live in Los Angeles and I'm looking at real estate schools/classes to take as my pre-licensing requirement for the real estate salesperson license exam. I was considering taking classes with Kaplan Real Estate Education - Do you have any recommendations for newbies like myself on where to take their real estate salesperson pre-licensing classes? Thank you so much for inspiring me and for your videos - They have helped me so much and I really appreciate any help.

[farhaanahmad]

What is your suggestion if someone wants, to become real estate agent for part time or as side business?

[wicklandrealestategroup]

$6000 of my hard-earned commission to the broker?? I don't think so.