Current Wisconsin Real Estate Income, Sales, and Trends

Graphic of WI Residential Statistics showing various housing data for Wisconsin including a homeownership rate of 68.1%, total housing units at 2,727,726, and a median gross rent of $992, along with a breakdown of housing value percentages in different price ranges.

You want a job that will compensate you adequately for your efforts, right?

You may already know by now that real estate jobs can be very rewarding, and that may be one of the most attractive factors about being an agent. But that varies based on the region, so you can’t help but ask, how much do real estate agents make in a year?

What’s the Average Compensation for Real Estate Agents in Wisconsin?

Based on findings from research done by the leading companies, an agent actively working in Wisconsin can rake in an average of $88,838, which is in a single year or in other words, anything between $47,000 to as much as $165,000.1

Going through the process of getting a license and becoming an active real estate agent is worth the time and money, and you should give it a shot.

The future of real estate agents in the region has never been brighter, with the market booming and being expected to keep growing. Considering how often people search online for ‘how to find a real estate agent’, that should tell you the value of a real estate agent and why the community needs more people like you.

Real Estate License Continuation and Mutual State Licensing Acknowledgment in Wisconsin

There is one more concern when it comes to licensure, what if yours is from a different state?

Say you are moving to Wisconsin and want to keep working in real estate in the region. You can still practice in Wisconsin.

But want about your license? Does the state actually offer reciprocity?

Yes and no. The agreement holds for only two states, but it doesn’t really apply to others.

The two lucky states in question are Indiana and Illinois, so this means that if you have licenses from either one of the two states, then it becomes way easier for you to work in real estate in Wisconsin. But if not, there is no other option but to complete all the required education and other requirements so as to get approved.

The real estate market in Wisconsin is waiting for a brilliant mind like you. If you believe that you have what it takes to make an excellent real estate agent and are confident in your skills, then nothing should stop you.

Being an agent is one of the most lucrative and fascinating jobs, and you have to try it out, especially now that the market is booming and more and more people are selling and buying real estate.

What makes it even more interesting is the fact that there are very few hoops to go through before you can get your license. It is all a matter of a few simple steps, and you should be receiving your credentials.

The goal is to make sure that you are very religious with the 72 hours of learning, sail through your background checks, and lastly, do your level best at the final exam, so applying for the license will be the only thing left. If you meet all the requirements of being a real estate agent in Wisconsin, the process should take the least time possible.

 

Does Wisconsin Offer Reciprocity?

Unlike in other states, where there are more lenient rules when it comes to reciprocity agreements, Wisconsin has only two states on its list. These include Indiana and Illinois. So, if you have an active license from these two regions, switching to a Wisconsin license will be a walk in the park.


References

1Indeed. (2023, November 7). REALTOR® salary in Wisconsin. Indeed. Retrieved November 13, 2023, from <https://www.indeed.com/career/realtor/salaries/WI>