How much do real estate agents make in Hong Kong?

HK$429,343 (HKD)/yr.

How much do real estate agents make in HK?

Real Estate Salaries

Job Title Salary
John Holland Group Real Estate salaries – 1 salaries reported HK$672,000/yr
Centaline Property Agency Real Estate Agent salaries – 1 salaries reported HK$6,000/mo
Centaline Property Agency Real Estate Agent salaries – 1 salaries reported HK$7,000/mo

How much is the real estate commission in Hong Kong?

The usual commission for real estate agents working in the Hong Kong housing market amounts to about 1-2% of the sales price, but this can be negotiated and it is often split between buyer and seller. Real estate agents often require buyer and seller to sign a preliminary agreement and pay a deposit.

What is a good salary in Hong Kong?

What is a good salary in Hong Kong? – Quora. I agree with some of the analyses below, although I would add that the median salary (as opposed to average) of HK is around HKD 16,800 as of 2018, which is about the salary an average university grad makes. The top 10% earns around HKD 40,000+.

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Do real estate agents make a lot of money?

According to the Bureau of Labor Statistics, the average income for Real Estate agents in the state of California is $73,450. California is one of the top earning states for Real Estate agents.

How much is a downpayment on a house in Hong Kong?

The loan-to-value ratio (LTV) for banks is set by the Hong Kong Monetary Authority. Currently, the LTV for an apartment worth less than $7 million is 60%. This means the deposit is 40%. For example, if an apartment is worth $4 million, you would need a down payment of $1.6 million.

Can foreigner buy property in Hong Kong?

Yes – unlike some countries, Hong Kong allows foreigners (with the exception of a few nationalities) to buy properties in Hong Kong and rent them out without restriction.

How much are agency fees in Hong Kong?

What Are The Standard Agency Fees? 50% of one month’s rental is the standard Hong Kong agency fee, payable by both a Landlord and a Tenant.

Is 30000 hkd a good salary?

How do you define good salary, median income of HK people is around 16k, 30k would be decent salary level. But if you are talking about have a high quality of life in HK, 30k is not enough, you can rent 100–200 sqft flat in HK with 10 to 20k(depends on location), 1 to 2k for transportation.

Is 50000 hkd a good salary?

At least 90% of the population earns less than that, and they survive. For 50,000, you can rent a pretty nice flat, eat well, maybe have a car. You won’t have a mansion or a Mercedes, but you’ll be better off than 90% or more of the population.

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What is considered high income in Hong Kong?

According to the Census and Statistics Department the median individual income of Hong Kong in 2016 was HK$15,500 per month. If you make more than HK$30,000, you are in the top 20%.

Is real estate a good career in 2020?

The real estate market is ever-shifting. … The fluctuations within the real estate market have been worse in 2020 due to the COVID-19 pandemic that has caused many sellers to pull off their listings and interest rates to hit a record low. Still, we believe it’s a good time to become a realtor.

What is the highest paid real estate agent?

Top-Ranked US Real Estate Agent Ben Caballero Tops $2 Billion Volume – Again.