Boston Rental Market Strong in need of Real Estate Agents to rent apartments. Accelerated offers the state required 40 hour course. www.massreclass.com
In an effort to keep up with the strong demand for housing units, developers completed more than 4,600 apartments over the past four quarters, a 20 percent increase from the previous year-long period. A new wave of apartments totaling 10,800 units is currently under construction, most of them located in the Intown Boston and Cambridge/Somerville submarkets, with delivery dates through 2015. And more than 27,000 new rental units are in the planning pipeline mainly in Suffolk and Middlesex counties.
Who rents these apartments? Real Estate Agents.
“In terms of earnings, becoming a rental agent is a quicker fix in terms of starting to earn money,” says Mike Sheehan of Accelerated Real Estate School. Sheehan continued, "with the high rental rates in the Metro Boston area and is not out of the question for a rental agent to make $75,000 to $100,000 a year."
As of December, 2014, average apartment rent within 10 miles of Boston, MA is $2418.**
Sheehan further explained, "if a rental agent rents just one apartment a week and is on a 75/25 split with the broker the amount earned is $94,302."
**$2418 x 52 = $125,736 at 75% or times .75 = $94,302.
How do you become a Real Estate Agent you must take a state mandated 40 hour course to be able to take the exam. ACCELERATED offers the course every month over 2 weekends. Sign up today at www.massreclass.com or call 781-269-1640