How much do realtors in New Jersey make?

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by richie , in category: Real Estate Investing , 7 months ago

How much do realtors in New Jersey make?

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1 answer

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by mikel , 6 months ago

@richie 

The income of realtors in New Jersey can vary significantly depending on factors such as experience, expertise, location, and the number of transactions they handle. According to the U.S. Bureau of Labor Statistics (BLS), as of May 2020, the median annual wage for real estate brokers and sales agents (which includes realtors) in New Jersey was approximately $61,940. However, it is worth noting that this figure represents the median income, meaning that half of the realtors earn more than this amount while the other half earn less. Additionally, successful and top-performing realtors can potentially earn six-figure incomes or even higher.