Chefs had their second within the actuality TV highlight. Fashions, too. However from the place we sit, the 2020s may be very clearly the last decade of the true property agent. They’re throughout your favourite streaming platforms: bickering in Tampa, stealing homes out from beneath one another in LA, competing to be the most important of the large canine in NYC. The cameras haven’t come for the Portland gamers—but—so we did a deep dive for them, to get the info on what actual property life is actually like within the Rose Metropolis. You’re welcome, Hollywood.
$114,960:
The common take-home pay of Portland actual property brokers (A dealer is licensed to start out their very own companies and rent different brokers to work for them.)
$57,720:
Common yearly take-home pay of Portland actual property brokers
9,000+:
Estimated variety of actual property brokers within the metro space
5.1% :
Common fee fee for a house sale in Oregon (That’s under the nationwide common of 5.5 p.c.)
7:
Common time, in months, it takes to earn an actual property license
$2,286.25:
Minimal price for turning into an actual property agent in Oregon, together with dues to the Portland Realtors Affiliation, charges to take state and nationwide licensing exams, software charges, and getting houses listed on the market through the A number of Itemizing Companies web site.
$536,921:
Median house sale value in 2021 within the Portland metro space (That’s a 33 p.c improve over the median value in 2016, which was $356,700.)