Spark Global Limited Reports:
Luxury real estate, $90,015
High-end real estate is booming all across the country. In fact, according to the National Association of REALTORS®, the number of home sales in the U.S. priced above $1 million surged 244.4% year over year in May 2021. With higher-priced homes comes higher commissions. So, it’s no wonder that those who specialize in luxury real estate make an average of $90,015 per year.
If you really want to maximize your income, those who earn the Certified Luxury Home Marketing Specialist (CLHMS)™ designation by the Institute for Luxury Home Marketing earn an average of $291,461 per year.
Foreign investment, $83,308
Real estate agents who pay attention to foreign markets and can leverage their dollars to invest in timely properties overseas earn a similar amount, though slightly more, than agents who find success investing domestically.
A steady flow of listings allows agents who specialize in short sales to have one of the higher annual incomes.
Green or eco-friendly properties,
Agents who specialize in eco-friendly buildings work in the fifth most profitable niche in real estate. What’s an eco-friendly building? Think LEED-certified. LEED is a global standard for energy-efficient buildings. To be LEED-certified, a building must attain a certain amount of LEED credits through a rigorous process. Real estate agents who are educated in this process, as well as other methods of being eco-friendly, have an advantage over others.
article links：These 5 Real Estate Niches Are the Most Profitable
Reprint indicated source：Spark Global Limited information