How Much Do Texas Real Estate Agents Make

Are you thinking about a career in real estate? Maybe you are wondering if Texas is the right place to launch it. You’re not alone! Real estate can be a lucrative, flexible career with substantial earning potential, especially in a booming market like Texas.

This guide will explain how much Texas real estate agents make, the factors affecting their income, and tips for maximizing your potential earnings. Plus, if you’re ready to take the next step, MLS Campus offers top-notch state-approved pre-licensing courses designed to help you succeed!

Average Salary for Texas Real Estate Agents in 2024

As of October 2024, the average annual pay for a licensed real estate agent in Texas is approximately $76,823, or about $36.93 per hour, according to figures from ZipRecruiter. That works out to around $6,401 monthly, though income can vary based on location, specialization, and experience level. Top earners, in the 90th percentile, can make upwards of $119,717 per year in Texas!

If you’re ready to earn competitive pay and start your real estate career, MLS Campus has everything you need to get licensed and start working as a Texas real estate agent.

To find out more about the licensing requirements, application process and examination requirements, follow the link to our comprehensive guide on How to Get a Texas Real Estate License.

How Real Estate Agents Make Money in Texas

Texas real estate agents primarily earn income through commissions on property sales, which can make earnings highly rewarding but variable. Here’s a quick look at how commissions work:

• Commission Percentage: Agents usually earn a commission rate (percentage) from each sale, typically around 3% of the property’s sale price.
• Brokerage Split: Part of this commission goes to the agent, and part goes to their broker, usually in a split arrangement. Over time, experienced agents can negotiate more favorable splits with brokers.

The average commission rate in Texas is 5.76%, so with some hard work and dedication, you can quickly build a lucrative career for yourself.

Ready to make your earnings potential as unlimited as your ambitions? Get started with MLS Campus and equip yourself with the tools to become a top earner in the Texas market. Start your pre license courses today to begin your journey in real estate!

Factors Affecting Real Estate Agent Salaries in Texas

1. Location Matters: High-demand cities like Houston, Dallas, and Austin often offer higher earnings potential due to greater market demand and higher property prices. Texas agents in urban and suburban areas typically earn more, but rural agents may benefit from less competition.
2. Experience Level: Experience matters in real estate. First-year agents generally start on the lower end of the pay scale but can expect their income to grow each year as they gain experience, establish a reputation, and build a client base.
3. Commission Split with Broker: An agent’s commission depends on their arrangement with the broker. New agents might start with a 50/50 split, while more experienced agents could negotiate up to 70/30, keeping 70% of each commission.

Is real estate calling your name? Begin with a solid foundation and enroll in your pre-licensing courses with MLS Campus. Our program covers everything you need to know to pass the Texas licensing exam and maximize your earning potential. Start your course today!

Highest-Paying Texas Cities for Real Estate Agents

In Texas, the earnings of real estate agents can vary significantly depending on the city where they work. If you’re considering a real estate career, knowing where you might find the best-paying opportunities is essential. Here are some of the top cities in Texas that offer attractive salaries for real estate agents:

1. Frankston stands out as the highest-paying city for real estate agents, with an average annual salary of approximately $99,693. This vibrant community offers agents ample opportunities to thrive and earn a lucrative income.
2. Wichita Falls follows closely behind, with agents earning an average of about $95,133 per year. This city provides a supportive market for real estate professionals, making it an excellent place to build a successful career.
3. Midland is another top contender, with an average annual salary of around $92,323 for real estate agents. Known for its booming economy and demand for housing, Midland is a promising location for aspiring agents.
4. Houston, the largest city in Texas, offers an average salary of approximately $91,137 for real estate agents. With its diverse market and numerous opportunities, agents in Houston can find a wealth of potential clients and transactions.
5. Pflugerville rounds out the list, where agents can earn around $89,911 annually. This growing suburb near Austin is an attractive market for both buyers and sellers, making it an ideal location for real estate professionals, according to data from ZipRecruiter for October 2024.

If you’re eager to position yourself for success in one of these lucrative cities, consider enrolling in MLS Campus pre-license courses. We’ll provide the education and support you need to kickstart your real estate career in Texas. Start your journey today!

Feel free to get in touch if you have any questions or need any advice.

First-Year Real Estate Agent Earnings in Texas

Starting out in real estate may take some grit, but Texas offers plenty of potential. The average salary for a first-year real estate agent in Texas is $75,684 annually or $6,307 monthly. With persistence, hard work, and strategic networking, your first year can set the stage for exponential growth in the years to come.

To get started on the right foot, MLS Campus provides the knowledge and support you need to pass your licensing exam and launch a successful real estate career in Texas. Sign up for our pre-license courses today!

Sales Agents vs. Brokers: Who Earns More?

In Texas, brokers typically out-earn sales agents due to their additional qualifications and responsibilities. With the right experience, you can become a broker, allowing you to open your own office and earn commissions from the agents who work for you.

Want to start strong and set your path toward brokerage? Enroll with MLS Campus to get the training and foundation you need to excel as a Texas real estate agent, with resources to help you grow over time. Get started here!

Strategies for Maximizing Your Earnings in Texas Real Estate

1. Build a Strong Network: Success in real estate is all about connections. Attend events, connect with other agents, and engage on social media to build relationships that turn into clients.
2. Develop a Specialty: Specialize in high-end properties, relocations, or investment properties to establish yourself as an expert in a niche and increase your earning potential. To find out more about establishing a niche in real estate, follow the link to the following article: – The Most Profitable Real Estate Niches and Why They Work
3. Invest in Marketing: Stand out in a competitive market with a solid online presence, social media advertising, and virtual tours.
4. Enroll in Quality Education: A solid educational foundation is crucial to success. MLS Campus offers comprehensive Texas real estate courses covering everything from licensing requirements to passing the Texas licensing exam, setting you up for success from day one.

How Much Does a Beginner Real Estate Agent Make in Texas?

As of October 2024, according to data from ZipRecruiter, a salary for a first-year real estate agent in Texas is typically around $75,684 annually, which equates to about $6,307 per month or $36.39 per hour. This income range can vary based on factors such as location, the agent’s personal network, and their brokerage split. In Texas, entry-level agents’ salaries generally range between $55,900 (25th percentile) and $93,200 (75th percentile), meaning that some agents start higher while others may need time to establish their client base. With persistence, many first-year agents quickly build their income as they grow their clientele and experience.

How Much Do Luxury Real Estate Agents Make in Texas?

Luxury real estate agents in Texas specializing in high-value properties tend to earn significantly higher commissions than agents dealing with standard properties. On average, luxury agents might see annual earnings ranging between $100,000 and $250,000 or more, depending on the location and demand for luxury properties. High-demand cities like Houston, Dallas, and Austin offer even more significant earning potential for luxury agents, with commissions based on premium real estate transactions often bringing in substantial income from just a few successful deals each year. Experience, market expertise, and networking skills are crucial in this niche.

Who Is the Highest Paid in Real Estate?

In real estate, brokers and luxury agents are often the highest-paid professionals. Brokers, especially those who manage successful real estate firms or own multiple offices, tend to out-earn individual agents as they receive a portion of each transaction their agents complete. Brokers with a robust team in high-demand markets can earn well over $300,000 annually. On the agent side, luxury agents working in exclusive markets can also achieve top earnings, with some reaching or exceeding $1 million annually through high-commission transactions on luxury estates and commercial properties.

Is Real Estate Business Good in Texas?

Yes, the real estate business is thriving in Texas! Texas boasts a robust and diverse economy, with cities like Austin, Dallas, and Houston consistently ranking among the fastest-growing metro areas in the country. This growth fuels high demand for residential and commercial properties, making real estate lucrative. The state’s favorable tax policies, relatively affordable housing (compared to states like California and New York), and robust job market make it an attractive place for both residents and real estate professionals.

Additionally, the Texas real estate industry benefits from having fewer regulatory hurdles than some other states, which allows agents to navigate deals efficiently.

Ready to join the thriving Texas real estate industry? Start with a pre-license course from MLS Campus to gain the essential knowledge and skills needed for success in Texas!

Take the First Steps in Your Real Estate Career with MLS Campus

Texas real estate offers incredible potential for earnings and growth, but the journey begins with a solid education. At MLS Campus, we provide everything you need to pass the Texas real estate licensing exam confidently and start your career with confidence. Our flexible, online pre-license courses are perfect for aspiring agents who want to learn at their own pace while gaining all the knowledge necessary to succeed.

Ready to make the leap? Don’t wait any longer! The Texas real estate market is booming, and there’s never been a better time to start. Enroll in your pre-license course today and take the first step toward your new career!

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