Thinking of becoming a real estate agent? Many people ask, “How much can a real estate agent make?” or “Is it worth it?” Let’s understand in simple words — no confusing terms or boring numbers.
Real estate agents don’t earn a regular paycheck like most jobs.
They make money from commissions — a percentage of the home’s sale price.
So, if you don’t sell homes, you don’t earn.That’s a big pain point for new agents. No sales? No income.Want to dig deeper? Check out our guide on real estate brokerage fees in Canada to understand how commissions work.
In Canada, realtors usually earn 2.5% to 5% per sale, split with their brokerage.
That means if they sell a $700,000 home, they could earn $7,000 to $17,500 before fees and taxes.But remember:
Some agents earn $30,000 a year, while others make over $150,000. Their income depends on how many homes they sell, their network, and the effort they put in.New agents usually start slow, but with time and effort, income can grow fast.
If you’re self-motivated, love working with people, and don’t mind ups and downs, real estate can be a rewarding path.Ready to take the next step? Learn how to choose the best real estate brokerage to work for in Brampton and grow your career with the right team.