Real Estate Agent

Business Idea: Become A Real Estate Agent in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$501K
Avg Startup Costs
$21.2K
Score
74
Avg Revenue
Min Revenue
$5K/month
Max Revenue
$1.5M/month
Avg Days To Build
180 days

Real estate agents are professionals who assist clients in marketing and selling their properties. They also assist the buyers in purchasing properties. Their services include meeting clients, advising them about market conditions, and providing guidance through the process of buying or selling properties.

A real estate career can be financially rewarding. However, the work requires good management skills, organization skills, customer service, handling complex paperwork and socially promoting yourself.

The pros of becoming a real estate agent include earning extra commission from clients and also setting your own working hours.

Revenue & Profitability

How much do real estate agents make?

Startup Costs

How much does it cost to become a real estate agent?

  • It can cost as low as $150 to become a real estate agent.
  • It can cost as high as $30,000 to become a real estate agent.

Learn more about the costs of a real estate agent.

Examples Of Successful Real Estate Agents

Successful real estate agent businesses and case studies

Entrepreneur Brandon Turner explains how he started a real estate investment company, Open Door Capital, which now manages over 5,000 rental units, bringing in $30,000,000 per year in revenue while only working a few hours a week, and aims to cross $1,000,000,000 in real estate by the end of the year.

$1.5M Monthly Revenue
$30K Startup Costs
Read by 6,318 founders

Residential real estate company, Vesta Preferred, celebrates their 10th year of operation with 80% referral-based business and focus on relationship building, recently achieving their goal of 1000 new leases and $120M in real estate sales in 2019.

$450K Monthly Revenue
$5K Startup Costs
Read by 8,627 founders

See full list of successful real estate agents.