Are real estate agents really that profitable?

As of 2020, the profits of real estate agents are not very high. A few years ago, real estate agency was a very profitable industry, but now the second-hand housing market is sluggish, and many people who buy houses hold a wait-and-see attitude, which leads to a decline in transaction volume. Even many large real estate agencies have reduced agency fees, making it difficult for real estate agents to make money.

Real estate agency is an industry that needs long-term accumulation. I used to earn a dollar, but now it's getting harder and harder. The market is becoming more and more transparent, and the requirements of customers are getting higher and higher. Only by long-term accumulation of professional capabilities in all aspects and sufficient customers and sources can this industry have stable transactions and money.

Extended data

Work content of real estate agency

1, real estate information consultation

Including providing land price, house price, real estate rental price and its dynamic trend, land to be sold and real estate to be sold, leased, exchanged and mortgaged, as well as information consultation on investment, house purchase and house exchange.

2, real estate law, business consulting

Consultation on real estate laws, policies and procedures for real estate transaction, lease and mortgage business.

3. Agency

Acting as an agent to develop real estate feasibility report, investment development scheme, project planning and design scheme and other businesses.

4. Real estate appraisal

Real estate appraisal refers to the business activities of measuring and evaluating the economic price of real estate. Real estate appraisal institutions, that is, institutions engaged in real estate price appraisal activities.