If a real estate agent has 2 listings of 500,000 each a month and sells both in each month. We will consider that if the lowest commission is 1% and the highest in most cases 2.5% so the average will1.75% then you will make 17,500 gross as a real estate agent. Less brokerage fees, taxes and expenses you will most likely net about 9,000.

Real Estate Agent get anywhere from 1% to 2.5% for a listings she/he lists. Real estate agents get 2.5% commissions from a deal where the agent brought a buyer to purchase a real estate. Average home for sale in the GTA is 450,000 therefor each deal can generate anywhere from 4000 to 20,000 in commissions. If a real estate agent has a good leads source then that real estate agent is probably making a decent monthly income.

Thats hard to say, but there are 50,000 real estate agents in Ontario. The most out of the whole country. 30,000 of those agents work in the Greater Toronto Area. With the new CREA rules which allow Flat Fee MLS listings some real estate agents work for as low as 1% and some charge 100$ to list you home on the MLS.

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Just curious to know if i should consider being a real estate appraiser or being an real estate agent? which one would prosper a better career path and more money?

It takes several years to be certified as an appraiser, only a couple of weeks for an agent. The amount of money for each depends on you, so there is no way to answer. Most agents do not do very well at all. Only about 10% are successful.

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