‘They don’t simply open doors and earn five figures’: How much do property agents really earn?

Mervyn Ong, a 38-year-old property agent in Singapore, spent 15 years preparing for the Real Estate Salesperson (RES) examination to become a registered property agent. He now earns a gross commission of about $80,000 in his first year and over $200,000 by his third year. ERA Realty Network's data shows that the median gross commission earned by active agents in 2025 was $29,000, while the top 10% earned $341,000.

However, these figures do not account for deductions such as co-broking expenses and taxes. PropNex Realty reported an average annual income of $86,500 for its active agents, but this figure may be skewed by high earners. Property agents often face unpredictable income flows and long wait times for payment after completing a deal.