How Much Money Does a Real Estate Worker Make?

The salary of the realtor is calculated as a percentage of the transaction amount. And contracts are different. For example, a real estate sale receives 30 to 50% of the transaction (interest depending on the complexity of the transaction).

If it is a home rental transaction, as a rule, the real estate is paid in the amount of rent per month. Thus, if the contract for the sale and purchase of a home brings the agency, for example, 52,000 rubles, will receive 20,000-25,000 rubles with real estate condition. When renting an apartment worth 7,500 per month, the real estate will receive 2,000-3,000 rubles. According to the testimony of real estate agencies, such transactions are virtually impossible. This is possible for a realtor with long work experience.

However, this income is volatile. The job of a real estate agent is similar to the job of a sales manager: a lot here depends on the psychological qualities and luck of the employee. Get to read more to find the privileges of private company. 

Real Estate Company Work Plan

The growing company needs to build a decent customer base. This is made possible by intense advertising. The work plan is as follows. The customer returns to the agency for assistance. Once a contract is reached at work, the client enters into a contract with the company for the transaction.

If he wants to find an apartment to buy or rent, he travels around the city with a real estate client and shows him home options. If the customer needs another service, for example, the privatization of housing or the sale of his own real estate, then the realtor deals with the preparation of the necessary documents. As a rule, the customer needs a variety of services.

For example, you can choose a new building apartment, arrange it, and sell your own house and pay for it. The process involves several procedures: apartment selection for the mortgage, collection of documents for the mortgage, registration of the transaction, collection of documents for the sale of the home and so on. Such transactions can take several months.

Why is the real estate market overcrowded?

The real estate business is believed to be easy money. The supply market is packed, the city is actively building, and there are more and more developers and vendors. So it seems worth starting a business for new realtors, and the money will flow like a river. Most of the real estate agencies we interviewed promise that the modern real estate market will be very difficult for the newcomer. Why? Let’s look at what a new company owner (founder) or director of a real estate company should do to start a new company and make a profit. Let us take the following as an initial situation. An entrepreneur with no experience in the real estate industry wants to open his own or.