When agents ask, “How much do luxury realtors make?” the answer can be astonishing: Far more than traditional agents. This is true if they are positioned with the right brokerage and receive the right support.
The luxury market offers higher commissions, and with the right team having your back, your income potential multiplies by 10x. That’s why luxury real estate agents are now exploring broker firms that can help them break into and scale in this market.
Here’s more information on average property values, commissions, and how NB Elite Realty’s Luxury Division gives agents a greater competitive advantage over traditional brokerages.
Average Luxury Property Values in Key U.S. Cities
Luxury property values can vary by market. However, many key U.S. cities hover between $2 and $5M+ for standard listings.
For example, one-bedroom luxury condos in Miami start around $1.3M. Homes in Beverly Hills can start from $3.4M. Upper-tier luxury homes in Houston or Dallas can cost you anywhere around $3.5M. The exact prices, however, can depend on location, size, amenities, etc., and can go as high as 10M.
Understanding these values helps determine your earning potential. Higher prices can naturally get you higher commissions, but it all comes down to how you split your commission with your brokerage.
Understanding The Traditional Brokerage Split Structure
While the luxury real estate sector is quite lucrative, agents can leave a lot of money on the table due to bigger transaction sizes. Here’s a simple example to help you understand the actual math behind the luxury real estate agent’s salary:
Let’s say you sell a $3M home at a 2.5% commission rate, fetching you $75k in earnings. If you operate under a traditional brokerage, the one that splits 80/20 on each deal, you will get to keep only around $60k in final earnings. But these figures can shrink further if your brokerage charges additional expenses such as desk fees, marketing fees, and annual caps.
While traditional brokerages use splits to provide you with the training, structure, and support you need, the massive cut can make you reconsider your choice. Losing a substantial chunk of your income drastically reduces the effective luxury real estate agent’s salary.
You may be able to earn much more, but the broker structure holds you back. This is why more and more agent-friendly commission models are gaining traction in the luxury space.
NB Elite Realty’s Luxury Division Can Be the Real Differentiator
If you’re a luxury real estate professional looking to scale your earning trajectory, NB Elite Realty can offer the right opportunities. More and more luxury agents are joining our team every month, and this is what separates us from the rest:
Our brokerage is built to help agents maximize their take-home pay. Instead of a 80/20 or 90/10 split, our agents keep nearly 100% of their earnings after paying a nominal per-transaction fee.
If you ask how much do luxury realtors make with us, here’s a quick example for better understanding: If you make $75k in a single transaction, you can keep almost the full amount in your pocket; there are no hidden or unreasonable fees, just a single, per transaction fee.
This one shift can massively transform the luxury real estate agent’s salary. With just one closing under the NB Elite Realty’s Luxury Division, you can yield the same take-home income as maybe two closings at a traditional brokerage.
But our commission model isn’t the only advantage you get with us. Our founder and leadership team possess multimillion-dollar portfolios themselves, which means that the benefits you can expect aren’t just theoretical but applicable in real time. Our agents repeatedly tell us how they feel heard, supported, and elevated as professionals, despite operating in a fast-paced, high-value, and high-expectation industry.
So, how much do luxury realtors make? The short answer is as much as their brokerage, market, and effort allow. Since the income is majorly driven by transaction size, you can easily make six figures in just a few properties. In a strong year, you can easily surpass the income levels of traditional agents.
If you’re ready to increase your income potential and grow your career, you can consider joining NB Elite Realty and experience the difference yourself.
Elevate Your Career. Join NB Elite Realty Today.
Whether you’re already closing luxury deals or looking to break into the market, NB Elite Realty’s luxury division can help you make smart decisions. We invite you to join our excellent team to experience premium privileges and professional growth and see for yourself how much do luxury realtors make. We’re here to guide and support you in building a profitable luxury real estate business for yourself. If this is something you’re looking for, call us now to know more.