27407, NC Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

How much does NC realtor make? ›

As of Aug 4, 2024, the average annual pay for a Real Estate Agent in North Carolina is $70,217 a year.

Both buyers and sellers pay some portion of closing costs, in North Carolina and every state. Sellers typically shoulder a larger financial burden, since they usually pay the real estate agents' commissions.

The cost varies based on the amount of the loan. Sellers typically cover the cost of transferring ownership in North Carolina. The state's real estate transfer tax is $1 for every $500 of value. So, the transfer taxes on a $500,000 property would be $1,000.

Is it a buyer's or seller's market in North Carolina? It is considered a seller's market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.6%, making the average house payment $2,479, which is $164 lower than a year before.

North Carolina is one of a few states that requires a licensed real estate attorney to process real estate transactions, including closings. As mentioned, their physical presence at the actual closing isn't mandatory.

Your Salary Potential as a North Carolina Real Estate Broker is Unlimited. Pros: You're no longer limited to the hourly wage or salary that someone has placed on your position. The harder you work as a North Carolina real estate agent, the more you can earn.

How hard is it to become a Real Estate Agent in NC? ›

Be a US citizen, a non-citizen national, or a qualified alien under federal law. You are not required to be a resident of North Carolina. Complete a state-approved 75-hour broker prelicensing course. Pass the North Carolina State Licensing Examination with a score of at least 75%.