How much do salaries for top mortgage brokers or real estate agents swing? Curious how monthly comp now (with higher rates and less sales) would compare to the “heyday” of house buying and low rates that happened in 2020/2021..? If a top broker made $40k a month in 2021, what might they be taking home now?

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I think I saw new mortgages are down like 86% from last year. So do the math off that.

Really depends. Based on the state and other factors agents can make anywhere from 1-3% of the sale price of the home. Like any sales job, it can be all over the place and one big deal can mean that even in a slower period many agents could have actually earned more in 22 than in 21. I would say as a general rule, the mortgage brokers got hit harder in terms of business (way less refinances, lines of credit, etc) but some of these individuals have more of a base salary, which could help decrease some of the blow

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Hi guys,
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