In South Africa, the average monthly salary for a real estate agent is roughly 28,400 ZAR. The lowest salary is 13,100 ZAR, while the highest is 45,200 ZAR (highest).
Salary of Real Estate Agents by Years of Experience
The average monthly salary for a real estate agent with under two years of experience is 14,900 ZAR.
A person with between two and five years of experience can expect to make 19,800 ZAR a month, which is 34% more than someone with less than two years of experience.
Moving forward, someone with five to 10 years of experience earns 29,300 ZAR per month, which is 48% more than someone with only two to five years of experience.
Additionally, real estate agents with ten to fifteen years of experience earn 35,800 ZAR per month, which is 22% higher than agents with five to ten years of experience.
A person with fifteen to twenty years of experience may expect to make 39,000 ZAR each month, which is 9% higher than someone with ten to fifteen years of experience.
The wage for workers with more than twenty years of experience in their field is 42,200 ZAR per month, which is 8% higher than the salary for workers with fifteen to twenty years of experience.
Salary Comparison For Real Estate Agents Based On Education
The typical monthly wage for a real estate agent with a high school diploma is 16,900 ZAR.
While the pay of someone with a certificate or diploma is 26,600 ZAR per month, which is 57% greater than the wage of someone with a high school diploma.
The average pay for someone with a bachelor’s degree is 44,600 ZAR per month, which is 68% greater than the wage of someone with a certificate or diploma.
In South Africa, is it possible to make money as a real estate agent?
Due to the fact that real estate is not actually a half-day career, these agents work two to four hours a day and make, on average, between R16,000 and R20,000 per month before taxes and operating expenses.
What real estate position has the greatest pay?
Real Estate Broker
The law permits real estate brokers to negotiate and plan real estate transactions. One of the most profitable and well-paying careers in the real estate sector is that of a real estate broker.
Is it challenging to succeed in real estate?
Although it’s not simple, becoming a real estate agent or broker may be rewarding both personally and financially. A job in real estate necessitates generating business, marketing oneself, following up on leads, handling intricate paperwork, offering excellent customer service, and much more.
