How much money do real estate agents make in New York City?

by issac.schaden , in category: Real Estate Investing , 7 months ago

How much money do real estate agents make in New York City?

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1 answer

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by heather , 6 months ago

@issac.schaden 

The income of real estate agents in New York City can vary widely depending on factors such as experience, the type of properties they specialize in, their networking abilities, and the current state of the real estate market. According to data from the Bureau of Labor Statistics, the median annual wage for real estate agents in the New York-Newark-Jersey City metropolitan area, which includes New York City, was $73,220 in May 2020. However, it is important to note that this figure represents the median and that some real estate agents in New York City can earn significantly higher incomes, especially if they handle luxury properties or have a strong client base.