Pyron Drew

One of the top perks of being the best real estate agent in sengkang is that you get to earn commission from sales and rentals that typically surpass the monthly salary of average jobs in Singapore. But this also means that you might not get to enjoy regular and steady income, and only get paid if you close a transaction.

Hence, you can only earn more by completing a greater number of property deals, or closing a lower number of high-value sales, like the $51 million deal for the Le Nouvel Ardmore condo. This means that your salary is not fixed and can seesaw from high to low.

While there are no black and white rates or guidelines on how much property agents should be paid per closed deal, you can expect to get 2% commission for successfully selling a home, as well as a month’s rent for every 2-year rental.

Let’s say in a particular year, you manage to sell 4 private condos at $800,000 each. With 2% commission for each deal, this means that you’ll earn $64,000 that year.

This equates to a monthly salary of around $5,333.33. This isn’t that bad for a monthly salary, given that it’s higher than the median salary of $4,563 in Singapore in 2019.

But if you take into account the additional expenses that you’ll need to fork out to close deals, that amount might not turn out to be that high...