Real Estate

Quick Answer: How much does a real estate agent make in utah?

The average salary of real estate agents in Utah is about $74,794 / year with potential to make six figures. Once you have a Utah real estate license, income potential will depend on the number of transactions completed, the commission paid to the brokerage, and how much is split with the sponsoring broker.

How much do part time real estate agents make in Utah?

While ZipRecruiter is seeing salaries as high as $102,644 and as low as $16,183, the majority of Part Time Real Estate Agent salaries currently range between $27,741 (25th percentile) to $73,977 (75th percentile) with top earners (90th percentile) making $92,472 annually in Utah.

What is the Utah real estate commission?

? The data: We surveyed local agents and found that the average real estate commission in Utah is 5.17%, which is less than the national average of 5.50%.

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Do real estate agents make good money?

According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents. Hard work is essential to high salaries, however.

What are high paying jobs?

  1. Anesthesiologists: $261,730*
  2. Surgeons: $252,040*
  3. Oral and Maxillofacial Surgeons: $237,570.
  4. Obstetricians-Gynecologists: $233,610*
  5. Orthodontists: $230,830.
  6. Prosthodontists: $220,840.
  7. Psychiatrists: $220,430*
  8. Family Medicine Physicians (Formerly Family and General Practitioners): $213,270*

How long does it take to get a real estate license?

On average, it takes anywhere from 2-5 months to complete real estate school and earn a real estate license. However, this can vary depending on your state’s licensing requirements and application process and whether you choose an online real estate school or traditional classroom courses.

How do I get a real estate license in Utah?

  1. Complete 120 hours of approved Pre-Licensing education. Successfully complete 120 clock-hours of approved Pre-Licensing sales agent education.
  2. Pass the course final exam.
  3. Pass the Utah real estate sales agent exam.
  4. Complete application.

What are the requirements to become a real estate broker in Utah?

In Utah to obtain a broker license, a real estate agent must have at least three years of experience and have accumulated a certain number of experience points. The agent must also complete a state-approved 120-hour Broker Pre-License Course and pass the Utah Real Estate Broker License Exam.

Who pays closing costs in Utah?

Buyers, though they don’t have to pay commission, typically pay more in closing costs; they should plan to pay between 2-5% of the sale price in closing costs.

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Is real estate a good career?

Working as a real estate agent or broker can be fulfilling and financially rewarding, but it’s not easy. A career in real estate requires drumming up business, promoting yourself, tracking leads, handling complex paperwork, providing customer service, and much, much more.

How long is the Utah real estate exam?

The Utah Real Estate Exam costs $59 for both the state and national sections of the test. This is a two-part exam (national and state) totaling 140 questions and the time allotted is 4 hours.

Is real estate a good career in 2021?

Being a real estate agent in 2021 will open up a lot of opportunities. Despite the deep changes that have taken place, the market will continue to grow. Agents will be able to cope with the new landscape and thrive with the right training and exposure.

Who is the richest real estate agent?

  1. Sam Zell. Net Worth: $4.8 billion.
  2. Stephen Ross. Net Worth: $7.6 billion.
  3. Sun Hongbin. Net Worth: $9.2 billion.
  4. Donald Bren. Net Worth: $17 billion.
  5. David & Simon Reuben. Net Worth: $16 – $18 billion.

Is real estate agent a dying career?

Real estate isn’t a dying career. In fact, there are more real estate agents in 2021 than perhaps ever before. However, the field is changing dramatically, with the advent of online marketing, VR and virtual tours, and easy online paperwork.

How can I make $100 an hour?

  1. $100+ Per Hour Jobs. Jobs that pay $100 an hour or more aren’t easy to come by.
  2. Underwater Welder.
  3. Anesthesiologist.
  4. Commercial Pilot.
  5. Tattoo Artist.
  6. Arbitrator.
  7. Orthodontist.
  8. Freelance Photographer.
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What jobs pay over 200k a year?

  1. Information systems manager. Average Yearly Salary: $125,000.
  2. Petroleum engineer.
  3. Corporate lawyer.
  4. Information security director.
  5. Investment banker.
  6. Judge.
  7. Pediatrician.
  8. Chief finance officer (CFO)

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