How much does a re altor earn in Moscow? How much does a re altor charge to sell an apartment?

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Dealing with real estate issues, each client is faced with the same pressing issue. Do it yourself or seek professional help from a qualified re altor? The real estate market is so complex that it is difficult for an inexperienced buyer or seller to navigate it.

This speci alty is also of interest to those who have not decided on the choice of profession. From the outside, it seems that a re altor earns a lot of money by making real estate transactions. Is it really? Let's find out how much a re altor earns in Moscow. After all, it is in the capital that a huge number of objects and clients are concentrated.

Relevance of the profession

Any real estate transaction, whether buying or selling, renting or exchanging, is quite complex. Especially for unprepared clients. In addition to the paperwork of potential customers, another trouble awaits. Huge money is spinning in the real estate market, so itattractive to all sorts of scammers.

Re altors who are well versed in the legal intricacies and the real estate market are able to save potential customers from many troubles. However, this speci alty is not taught in universities, so anyone can become a re altor. Even without work experience. It is not surprising that the huge number of incompetent specialists has led to the fact that many potential clients do not trust representatives of this profession.

About income

Finding out how much a re altor earns in Moscow is not easy. This profession is one of those that do not require a fixed salary. The income of a specialist usually consists of the number of completed transactions, as well as the size of the commission. Few people are willing to share this information with outsiders. Even the size of the commission of re altors in Moscow can remain a secret. It usually depends on the generosity of the agency. Some pay their own employees more, some less. This is a typical practice in the real estate market.

What determines the amount?

• Number of clients. On average, a re altor makes two to three transactions per month. However, you need to understand that these figures can differ both up and down. The job of a re altor is virtually indeterminate. Sometimes it is possible to close a deal quickly, sometimes it stretches for months. This is when it comes to buying and selling various objects. With rent, everything happens much faster. However, the commissions are lower there. How much does a re altor earn in Moscow can be calculated,if you know the number of transactions he makes and the cost of each of them.
• Commission amount. Each real estate agency creates its own conditions for its own employees. On average, the cost of re altor services for clients is four to six percent of the total transaction amount. However, you need to understand that this is the agency's profit. The specialist will be paid about thirty-five percent of it. However, the reward may be higher depending on the generosity of the agency. It can also affect the amount of work done by a specialist. Perhaps he simply brought a client or accompanied the transaction from beginning to end. The more the re altor put in the effort, the higher his reward can be.
• Having a plan. Some agencies do not spoil their employees by imposing additional conditions. For example, setting a sales plan. Its implementation will affect the final percentage, which is the remuneration of a specialist.
• The complexity of the work. Re altors, due to the specifics of their own activities, have to work with different real estate objects. When selling illiquid properties, the commission increases, since the sale of such real estate involves a greater amount of work for a specialist. Increased commissions are also expected if you need to immediately complete a chain of actions to implement one object.

Given the above factors, it is not possible to say unequivocally how much a re altor earns in Moscow.

Rough estimate

So, to better understand how much a re altor earns in Moscow,let's try to perform approximate calculations, taking economy class real estate as a basis.

In the capital, a budget apartment costs about four and a half million rubles. From such a transaction, the agency takes a commission in the amount of approximately five hundred thousand rubles. The cost of re altor services in this case will be one hundred and eighty thousand rubles.

Income will be higher if an alternative deal is made. In this case, the real estate agency in Moscow is ready to pay its employees from three hundred thousand rubles.

However, such commissions are considered far from the limit for those who work in real estate. With generous clients, working in the commercial or business real estate market, a re altor can earn millions.

Low profit

The most unprofitable area of activity of the capital's re altor is the rental of economy class real estate. Usually newcomers start working in this market, gaining experience and making conclusions, it is worth further pursuing this profession or looking for an alternative option.

The feature of renting economy class real estate is the simplicity of transactions. The re altor does not have to perform complex duties. However, behind this external simplicity lies a huge amount of running around. It is necessary to negotiate with potential tenants, organize viewings of objects, and they can be located in different parts of the city.

Re altor's income in the economy real estate market is determined by his activity. The more deals you can make, the higher the profit. After all, this specialistworks for a percentage. In other words, he gets paid by the piece.

The only thing that helps out is that the services of a re altor in Moscow are in demand, their prices are higher than in the regions. That is why experienced specialists assure that even renting economy class apartments can earn about one hundred thousand rubles. However, you need to understand that in order to receive this amount, you need to show enviable activity.

How much does a re altor charge to sell an apartment

It is worth saying that the amount of payment for these specialists is not regulated by law. There are many factors on which the profit of a real estate specialist depends. This applies to the economic situation as a whole. As well as the state of the real estate market in particular.

If we talk about the profits of capital re altors, then on average their commission is two to four percent of the value of real estate. This range allows the specialist to vary the payment depending on the type of object, the volume and complexity of the work.

You need to understand that apartments and other objects in Moscow are not cheap. That's why local agents can have a good source of income when they have a customer base.

In the regions the situation will be completely different. Real estate is cheaper, the flow of customers is much lower.

How much a re altor charges for selling an apartment is known only as a percentage. The exact figure depends on the value of the object. Accordingly, from one transaction, an agent can earn two hundred thousand rubles, and even a million.

Features

Some experts consider their ownseasonal work. In some periods, the demand for real estate in the capital increases significantly. During such peak periods, re altors manage to earn more.

However, the real estate market may be quiet. In this case, the capital's re altor may conduct only one transaction per month or have no clients at all.

In general, the real estate market in the capital is gaining momentum every year. However, the profession of a re altor is not considered stable. Few remain. Everyone is wondering how much the services of a re altor in Moscow cost. But at the same time, no one names specific numbers. The re altor's income remains the same vague information. It is difficult to calculate even the average monthly profit, without talking about specific numbers.

For beginners

The income of a real estate specialist is made up of many factors. This is the general economic situation in the country, and the availability of demand, and the reputation, and the generosity of the agency in which the employee works.

It is important to know for those who are interested in working in Moscow, as a rule, a re altor is not paid a salary. His income is a certain percentage of the transaction. An exception may be the sale of luxury real estate. In this case, the agency will wish to pay the employee a fixed portion, keeping most of the cream for themselves.

However, for true professionals, companies are ready to consider special conditions. For example, a fixed salary combined with a percentage of completed transactions.

Which is better?

As mentioned above, the economy real estate market tends topromises low profits. However, a logical question arises. Where is the real money then?

The commercial real estate market is considered the most attractive for re altors. The cost of such objects can be expressed in tens of millions. Therefore, re altors who are used to working for a percentage can count on very attractive and tempting prices.

Roughly the same can be said about suburban real estate. Re altors expect lucrative commissions, but you need to be prepared for picky clients. That is why not all specialists are willing to work in this segment of the real estate market.