The Average Income of a Realtor in Kansas

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    Facts

    • After completing a survey of real estate agent salaries in 2009, the U.S. Bureau of Labor Statistics (BLS) established an average income for the profession as $53,100 per year. This is significantly higher than the average salaries earned by Kansas' real estate agents, who make an average wage of $36,350.

    Range

    • A contingent of Kansas' 520 real estate agents (as of May 2009) did earn salaries higher than their cross-country colleagues. The wage for Kansas' 90th percentile of salaries averaged $70,240 in 2009. At the lower end of the scale, realtors in the bottom 10th percentile averaged $18,210 per year.

    Considerations

    • Kansas residents interested in earning salaries as real estate agents begin their career with coursework towards a license, which is required to practice within the state. All agents must be at least 18 years old. While almost any professional who takes a community college, technical school or online course is considered qualified as a real estate agent or broker, the REALTOR designation signifies extensive training and study in the real estate field. REALTOR, when capitalized, means the real estate agent is a member of the National Association of Realtors. The association offers specialty certifications such as Accredited Buyer's Representative, Certified Residential Specialist, General Accredited Appraiser, Residential Accredited Appraiser, Seniors Real Estate Specialist and Short Sales & Foreclosures Resource.

    Outlook

    • The BLS expects a 14 percent increase in employment of real estate professional through 2018, adding a total of 74,300 jobs nationwide. The increase is split between brokers (10,600 jobs) and sales agents (63,700 jobs). The bureau attributes a portion of the heightened demand for these services in part due to a young population's aging out of their childhood homes and needing to procure housing of their own.

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