Read our latest issue: The Truth About Agents industry snapshot
by Chicago Agent
Your sample is clearly skewed – badly. You show 39% of the agents earning over $100K. But I guarantee you that if you go into the MLS and check the top 39% of agents you will be looking at a bunch of those agents who only do a handful of transactions each year. Another way to think about it is that agents would have to do at least $5 MM in business to get to that income. There are probably 16,000 CAR agents so 39% of that number is 6240 agents doing more than $5 MM. Then why is the number of top producers so much smaller than that?
figures do sound quite a bit fudged……. from a numbers standpoint this is impossible unless the responders to the survey were only exceptionally high producing agents.
I’m not sure how much “truth” there is in these numbers. You show 28 percent of agents making $100 to $250K in 2014! That’s close to one third of all agents! Go to any large office and see if one third are making over $100K or anywhere near $250K! Are these numbers based on adjusted gross commission or adjusted net? The numbers seem very inflated.
Save my name, email, and website in this browser for the next time I comment.