15 Highest Paid Real Estate Agents New York!
It may be simple to enter the real estate industry. But, success is difficult, especially in a field with so much competition. In 2019, the median gross income of National Association of Realtors members was approximately $49.700. Compared to 2018, when the median gross income was $41,800, this is a modest gain.
As a millionaire real estate agent, your take-home compensation is significantly lower than you may expect. You could work longer than twenty years to earn a million dollars, but only if you had no expenses.
Are you interested in Highest Paid Real Estate Agents? Do you wish to discover their salary and how they attained their position? This article is intended for you. In addition, we provide the typical salary of New York real estate agents. In this way, you can enjoy our Highest Paid Real Estate Agents.
What is the salary of a New York real estate agent?
A Real Estate Agent in New York earns an average of $97,507 per year as of 1 August 2022. That amounts to approximately $46.88 per hour, if you need a quick way to calculate it. This amount is equivalent to $1,875 each week or $8,126 per month.
ZipRecruiter has seen incomes ranging from $218,595 to $20,220. Nonetheless, the majority of real estate agents earn between $65,578 (25th percentile) and $109,297 annually (75th percentile). New York’s wealthiest earners earn $158,481 annually (90th percentile).
The typical salary range for a Real Estate Agent is quite broad (up to $43,719). This indicates that they can earn more based on their skill level, location, and years of experience. New York ranks fourth among the fifty states for Real Estate Agent salary.
List of the Highest Paid Real Estate Agents New York
The following is a list of the Highest Paid Real Estate Agents New York:
1. Alexander Oren And Tal
When hotelier André Balazs wanted to sell his SoHo apartment for $10,3 million, he contacted Oren and Tal Alexander of The Alexander Team at Douglas Elliman. They are well-known for breaking a number of SoHo price records. The pair has listings in prestigious buildings between 432 Park Avenue and 111 West 57th Street.
According to St. Tal, the market in New York City in 2021 has been “wild,” and he does not anticipate a slowdown in the near future. They also possess a license in Florida. They assisted Tommy Hilfiger and restaurant owner Jeff Zalaznick with sales at that location (Carbone).
The Alexander Team is selling a five-bedroom duplex designed by Ken Fulk and located at 151 Wooster Street in SoHo. It is available for $14,995,000. Alexander Noren and Tal are two of Highest Paid Real Estate Agents.
2. Emily Beare
Core Emily Beare of New York Core is consistently one of the greatest New York City real estate agents. Emily Beare is one of Highest Paid Real Estate Agents. In her career, she has sold more than $4 billion. She has also become designer Nate Berkus’s preferred broker.
In August, she assisted him in off-market sale of a $13.5 million West Village townhouse. Beare has previously collaborated with Diane Kruger and sold a SoHo home formerly owned by Kanye West. She has a listing for $35 million at 15 Central Park West, a posh condominium building.
There are many qualified buyers, but not enough inventory. Every day, I receive emails from brokers asking what I have for $20 or $30 million in the West Village. Beare recently paid $14.25 million for a home in Walker Tower on West 18th Street. The home has a terrace with breathtaking city views.
3. Serena Boardman
Throughout her 20 years at Sotheby’s International Realty, Serena Boardman has sold properties worth more than $4 billion. In 2021, Boardman listed his Central Park West mansion for sale. Michael Douglas and Catherine Zeta-Jones purchased it for $21.5 million. She also sold for $60 million a townhouse on the Upper East Side owned by billionaire Ron Perelman.
Recently, Boardman sold a penthouse to Broadway producer Terry Allen Kramer for $32 million. She also sold a mansion to former Simon & Schuster CEO Dick Snyder for $17 million. Boardman is one of Highest Paid Real Estate Agents.
4. John Burger
Burger, John of Brown Harris Stevens was in charge of many significant transactions. He is one of Highest Paid Real Estate Agents. Bette Midler sold her condominium on the Upper East Side for a cool $45 million. The Nasser family, who became wealthy through textile manufacturing, sold their Fifth Avenue co-op for $35 million. Jeff Bezos has also collaborated with Burger on multiple occasions.
Burger believes that the Upper East Side and Central Park West real estate markets have seen a rebirth. Central Park is New York’s crown gem, and its popularity continues to grow. During COVID, it was many people’s sole opportunity to be outside and away from crowds.
5. Brown Cathy Chiang
Since beginning her career in 1988, Carrie Chiang of Corcoran has collaborated with notable figures like as Barbra Streisand, Jim Carrey, Sean Combs, and Derek Jeter. She is now assisting Yue-Sai Kan, the “Oprah of China,” in selling her $28 million townhouse at 6 Sutton Square. She also has a $14.9 million deal to sell the China Institute building.
Chiang is also not unfamiliar with Billionaire’s Row properties.
She currently represents a penthouse at 432 Park Avenue for $79 million. In addition, there is a $63,750,000 spread at Central Park Tower. She primarily works with people on the Upper East Side, according to Chiang.
Many of her coworkers may have resided in New York City or New Jersey. This occurred prior to the epidemic. She is one of Highest Paid Real Estate Agents.
6. Pamela D’Arc
Pamela D’Arc has 28 years of experience in the field. In 2019, when Compass acquired Stribling and Associates, she transferred to the new company and was granted employment authorization. During the pandemic, D’Arc struck deals with individuals such as Jennifer Lawrence. The deceased Alan Rickman’s inheritance was not excluded.
In 2021, D’Arc has been occupied with transactions for Los Angeles residents. D’Arc states that she knows a large number of Los Angeles residents who have relocated to or returned to New York. Last fall, she also assisted former MTV Networks CEO and chairman Judy McGrath in selling her Upper West Side brownstone for $7.8 million.
Pamela D’Arc is one of Highest Paid Real Estate Agents.
Real estate agents are often regarded as one of the most profitable occupations in the United States, particularly in California.
7. Danny Davis
Since the beginning of the pandemic, Danny Davis of Corcoran has handled a greater amount of off-market transactions than typical. This includes the August sale for $13,65 million of WeWork co-founder and CEO Adam Neumann’s West Village townhouse. Davis also oversaw the listing and sale of Shawn Levy’s $15 million Tribeca apartment in June.
According to public documents, Levy and his wife purchased the home two months ago for $13 million. In 2021, Davis’s overall sales will approach $300 million. Now, he is selling a $12.5 million penthouse in Tribeca’s Clark Building.
Davis expresses optimism and excitement for the future of the international market. A handful of his acquaintances cannot wait to return to New York and purchase a home. He is one of New York’s highest-paid real estate brokers.
8. Paula Del Nunzio
Paula Del Nunzio is among Highest Paid Real Estate Agents. Del Nunzio has become an expert in the sale of incredibly pricey townhomes. She has collaborated with celebrities such as Jessica Chastain.
She is the listing agent for an Upper East Side townhouse owned by the American Irish History Society and valued at $52 million. She is also the agent for Gwyneth Paltrow’s childhood home, a $14.5 million townhouse. This year, she sold the 20,000-square-foot property of millionaire Vincent Viola on the Upper East Side for a staggering $60 million.
“What’s interesting about the luxury market is that it seems to do well no matter what else is happening,” adds Del Nunzio. This is because certain individuals will always desire to be in New York.” They may have residences in a number of different cities and countries, but they always desire something in New York.
9. Fredrik Eklund & John Gomes
In recent years, this Douglas Elliman partnership has expanded their Eklund Gomes sales team to not only both coasts, but also to Florida and Texas. This year, THR ranked Fredrik Eklund among the top 30 Hollywood real estate agents. He claims that wealthy individuals are purchasing more homes around the nation. “Today they collect these apartments as if they were masterpieces.
You had an art collection, and now you have a collection of household items. The crew has collaborated with Keith Richards, Jennifer Lawrence, and Gigi Hadid, among others. They were responsible for the sales at 75 Kenmare. It was designed by Lenny Kravitz and is now selling a condo at 432 Park Avenue for $79 million.
The organization also assists with sales at The Olympia, a new luxury building in the DUMBO neighborhood of Brooklyn. They are one of Highest Paid Real Estate Agents.
10. Stephen Ferrara and Clayton Orrigo.
Clayton Orrigo and Stephen Ferrara work together at Compass as the Hudson Advisory Team. They work closely with New York City power players in media, fashion, and other fields. In late 2020, they sold Nelson Rockefeller’s old Upper East Side apartment and represent Graydon Carter and Marc Jacobs, among others.
In 2021, they sold a $50 million penthouse in Tribeca’s so-called “Jenga building.” They also helped Tom Ford sell his Tadao Ando-designed New Mexico ranch for $48 million. This took them outside of New York City.
“We’ve seen a move toward having more than one home,” says Ferrara. “People with a very high net worth have always had more than one home. They are amongst the Highest Paid Real Estate Agents.
Clayton Orrigo and Stephen Ferrara, both of Compass, and Kirsten Jordan were the listing agents for Nelson Rockefeller’s co-op. It sold for $9.95 million last year. Steve Gold, a Corcoran Corcoran broker and star of the TV show Million Dollar Listing New York, sold several penthouses over the past year. One of them was at 15 Hudson Yards and sold for $29.5 million, which was the most ever sold there.
He was also responsible for selling all three penthouses at 520 West 28th St. The design was by Zaha Hadid.
11. Ravi Kantha & Matthew Lesser
Ravi Kantha and Matthew Lesser, as part of the Lesser Kantha Team at Leslie J. Garfield, have sold a lot of townhouses to well-known buyers in Brooklyn and Manhattan. This year, they helped Steve Nash, the head coach of the Brooklyn Nets, buy a $5 million Brooklyn townhouse.
They also helped Arthur Miller’s daughter sell her $10.5 million Chelsea carriage house. Some of their best years in business have been 2020 and 2021. Buyers want privacy, space outside, and to live on more than one floor. These real estate agents help people get exactly this. They are among the Highest Paid Real Estate Agents.
12. Debbie Korb
When Jimmy Fallon and his wife, producer Nancy Juvonen, put their Gramercy Park triplex on the market earlier this year, “They were happy to have it out there because it’s so unusual,” says Debbie Korb of Sotheby’s International Realty. “It’s very strange in a great way, and it shows both of their personalities.”
Korb also has the listing for David Duchovny’s $7.5 million apartment on the Upper West Side. He helped Maggie Gyllenhaal and Peter Sarsgaard sell their Park Slope townhouse in the past. Debbie Korb is one of the Highest Paid Real Estate Agents.
13. Adam Modlin
Adam Modlin, who started Modlin Group, is easily one of the most powerful people in the city. He handles high-profile and sometimes sensitive deals for some of the most famous people in the city. Jennifer Lopez, Kanye West, Josh Kushner, and Karlie Kloss, Joe Jonas and Sophie Turner, former Google CEO Eric Schmidt, Ryan Seacrest, Tom Brady and Gisele Bündchen, and Emma Stone are all clients of Modlin’s from just this year.
Modlin also sold the former Upper East Side townhouse of disgraced financier Jeffrey Epstein for $51 million to Australian financier Michael Daffey.
Most recently, he broke a record by selling a Hamptons property for more than $100 million. It was worth more than any other property ever sold. Stephen Ross, a developer, and co-owner of the Miami Dolphins gave him a $50 million penthouse at the Time Warner Center to sell.
Adam Modlin is one of the highest-paid real estate agents in New York.
14. Ryan Serhant
In the past year, Ryan Serhant, a regular on Million Dollar Listing New York, has been on the show’s 10th season. He had a second season of his podcast picked up by iHeartRadio.
Ryan Serhant is one of the highest-paid real estate agents in New York. He left his longtime job at Nest Seekers International to start his own company, Serhant. It became a division for concierge services for high-net-worth clients.
Serhant also sold the $6.5 million SoHo penthouse of Bella Hadid. This included properties owned by chef David Bouley and hotelier Ian Reisner. Serhant is in charge of sales at Brooklyn’s Quay Tower, where Zendaya is one person who has bought a place. Ryan Serhant sold Bella Hadid’s SoHo duplex penthouse.
It was 2,180 square feet and had two floors, for $6.5 million in April.
15. Leonard Steinberg
Steinberg’s job title at Compass is “chief evangelist,” and he says, “The New York luxury markets never died; they just took a long nap.” The luxury markets have come back with a vengeance, and buyers who took a chance in 2020 and 2021 did well.
Steinberg’s sales team, which he named after himself, regularly trades in some of the city’s most famous buildings, like the posh new building at 33 Park Row. Public records show that he helped Jon Bon Jovi sell his $22 million Manhattan condo early this year. He is one of New York’s highest-paid real estate brokers.
FAQs On Highest Paid Real Estate Agents
How much does the top 1% of realtors make?
Top producers earn around $112,610 a year to start, according to the BLS. 1 Mega-stars could earn $500,000 per year and up.
How long does it take to make money as a real estate agent?
Once you connect with a top real estate company, the writers at REALTYNA claim that it takes an average of six months to start making money. You will make all of your initial money from commissions.
Who is the most successful real estate?
Keller Williams is the biggest real estate company in the United States. They boast the most agents in the world, working hard every day to make buying and selling homes an excellent one. They were founded in 1983 and have shot up in business in less than 50 years.
Is estate agent a hard job?
Working in a busy office with a busy schedule can be highly demanding both physically and mentally, but the 'buzz' and excitement that this challenge provides is what attracts many people to this industry. Also, many agents find helping someone move into the home of their dreams highly rewarding.
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