things to know about real estate career

Last updated: June 2026 A real estate career looks glamorous from the outside. Flexible hours, big commissions, and the satisfaction of helping people find their homes. The reality is more nuanced — and knowing what you're getting into before you start will help you succeed faster. Real Estate Income Is Commission-Based (and Variable) Most real estate agents don't earn a salary. You earn a commission when a transaction closes — typically 2.5–3% of the sale price, split with your broker. No closed deals means no income. In your first year, expect income to be modest and unpredictable. Many new agents [...]