Just Who's Making the Money?

Not your average real estate agent. In spite of hot markets and increasing commissions, the median annual income for agents fell from $39,300 in 2002 to $37,600 in 2004. The rush of new agents of the last, few years has driven the median down. As with any other business, a real estate practice must be built over time. Anyone who expects to get rich quick is heading for some serious disappointment. Many real estate investors would be wise to heed this.