How Much I Made FIRST YEAR As A Real Estate Agent (EXACT NUMBERS UPDATE)

Hey guys! Today I'm covering exactly how much I made my first year as a new real estate agent.
The first 4 months can be found here:
📚 How Much I Made First 4 Months As A Real Estate Agent (EXACT NUMBERS)
The first 9 months can be found here:
📚 How Much I Made First 9 Months As A Real Estate Agent
• How Much I Made First ...
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🏡 Jen Bergman Your Running REALTOR® | COLORADO REAL ESTATE 🏡
Message me if you have ANY questions!
and FOLLOW ALONG:
📸 INSTAGRAM - @jen.bergy
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📥 SEND YOUR REFERRALS TO - [e-mail]
(if you're licensed let's make some money together!)
Check out my channel for more!! I don't have any savvy video equipment or editing tools, right now I'm focused on helping you guys learn from what I do right and what I do wrong :)
Cheers y'all!
-Your Running Realtor

[@mychaelawilliams]

You’re back! Great to see a new video! I just passed my RE exam and now I’m searching for a broker. Watching your video has definitely helped in the process.

[@JenniferBergman]

I am finally! I have the next 4 videos lined up as well based on requests :) my best advice is to pick a brokerage where you can rely on a mentor or managing broker!

[@mychaelawilliams]

@@JenniferBergman excellent! I started with like 15 and I’ve narrowed it down to 5 after speaking with them and getting info. I’m going to go and check them out in person and then make a decision.

[@Who-cu9eu]

@@JenniferBergman What US state is it that your working in to earn this amount for real estate?

[@JohnyyBro]

Could you talk about why you switched brokerages

[@JenniferBergman]

Yep that’s coming up soon!

[@valeriestrinden4544]

Will you do a video on client appreciation events? That sounds awesome

[@JenniferBergman]

Yes that would be a fun one!!

[@narcslayer4237]

Can you tell me which brokerage gave you the 100% commission split? I just passed the exam and I am in the process of shopping for brokerages.....I obviously am looking for the best deal I can get..........

[@davidporterrealestate]

would love to hear about negotiation

[@JenniferBergman]

Anything specific about it?

[@davidporterrealestate]

@@JenniferBergman what the common requests are from the other side and how you handle, is it mostly verbal, in writing, contract changes,? Do you mostly negotiate on terms or price? how do you get a better deal for your buyer? Keep more for your seller? how do you negotiate with a seller for a listing?

[@JenniferBergman]

@@davidporterrealestate I can definitely answer all of those questions! Lots of different strategies for all of those questions. I’ll that that to my list of videos to make soon 👍

[@arelywelton5312]

Can you tell me how much taxes you had to pay?

[@joereyes9636]

Wow that amazing all of those commissions are for your personal use ?

[@JenniferBergman]

What do you mean by, personal use?

[@joereyes9636]

@@JenniferBergman yeah like for your cars food traveling clothing

[@talkingwithtyler]

Why did you switch brokers?

[@JenniferBergman]

I have a video about that coming up! Long story short my new brokerage fit my business plan better

[@chrisarmes4570]

You emphasize contract knowledge. How about a video doing an explanation of the contract as if you were explaining it to a client?

[@JenniferBergman]

kzbin.info/www/bejne/nIexcn59ps5qr7M I have this one for the buyer-agreement, I can make one for the offer-contracts as those are much longer and very important, but it will be CO focused. I know they’re all a bit different state to state.

[@madisonnapolitano7531]

Definitely please do a video on taxes. I’m scared for you that you haven’t done it yet and you made so much haha! Sounds like you have it under control though. :)

[@JenniferBergman]

Hahaha however it goes you know I’ll give you the honest update and low down 😅

[@julianrocha60]

Hi, I found your channel after thinking of getting my Real estate License, I just wanted to say keep the videos coming and if possible videos for beginners like NEW realtors, btw subscribed and one of the most humble and transparent channel i found!

[@JenniferBergman]

kzbin.info/www/bejne/amnTg5ujbNuVfq8 I have videos like this one ^ is there any specific requests you have about being a new realtor? I do have a few lined off based off requests that will hopefully help as well!

[@zachschilleci5690]

Finally a real estate agent that is honest about how much they make to give us a better idea of what’s going on. The other real estate KZbinrs never say how much they make per year

[@JenniferBergman]

I’m overdue for last year’s update but I appreciate the comment! I like to be transparent!

[@mplafferty]

Great videos - a couple of questions... 1) how does your new brokerage make money with only $350 per deal from you? 2) Do you need to pay estimated taxes? 3) Can't wait to see you r tax strategy with expenses etc if you are willing. Thanks!

[@JenniferBergman]

Thank you! #1 it’s $650 a transaction, client pays $300 I pay $350 (sometimes I pay all of it depends on the transaction, it’s whatever you put in the buyer agreement). I asked this question as well! Their success comes from volume and their education program. I will make a video explaining this. #2 and #3 I haven’t done taxes yet so I’ll get back to you on that!

[@Theseymorecrew]

How much did she make?

[@makiealoves]

Love your videos! You were the first person I started watching when I decided to start RE school. I'll be taking my exam sometime in June so please keep the inspiration coming!

[@JenniferBergman]

That’s awesome!! Thank you for watching and letting me know! And will do :)

[@drizzyhbk4048]

How is it going for you? @Makiea Montgomery

[@ModernDahl]

Hello again! I love the wealth of information on your channel, but I was hoping I could ask a question that I have been trouble finding a solid answer to. How does one begin searching for a mentor? Or is that something that generally happens once you join a brokerage? Im doing my best while studying to start making connections but it’s difficult getting my foot in the door swapping from law enforcement to real estate. If you are able to provide any advice in your free time I would greatly appreciate it! If not, no worries! Thanks for the video 🙏

[@JenniferBergman]

Thank you so much!! Ask away anytime! Mentors will usually be provided at a brokerage for a percentage of your commission on your first few deals otherwise you could pay one, but I’m pretty sure they’d be your coach not mentor. There’s tons of real estate coaches out there. I didn’t have either, but my managing broker at my previous brokerage was very helpful, I called him whenever I needed help. It’s the same way at my current brokerage but now I’m also a mentor for brand new agents. As long as you have one person you can rely and trust to answer any questions any time of day, it doesn’t matter the title that’s all you need!

[@petehaggard8539]

Wow… over 100k your very first year!!?

[@JenniferBergman]

Very grateful to have a successful first year!

[@TheProcessLife]

New to your channel. Thank you. I just passed my RE exam so your videos are helpful. Question; I heard you say you switched brokerage, are you still with ExP...I think that's the first video I saw on your channel so I'm not sure if you and one before them or not.. ty and keep up the awesome work. Love the relationship strategy..

[@immuneenergy1189]

great video really motivates me to continue to hustle in the RE space. thanks for being so transparent

[@JenniferBergman]

Thank you!!!!

[@valeriestrinden4544]

Is that a common thing: splitting commissions between agents?

[@JenniferBergman]

It depends on how you run your business. I have one agent who makes awesome videos about moving here and sends me all the leads since he’s not licensed here. Happy to split commission with him.

[@Neshavfrazier]

I love the relationship-based strategy. I'm building that out myself for my first year.

[@JenniferBergman]

Nice! It’s a heck of a lot more fun than calling a bunch of strangers! And so far it’s working :)

[@pleaseuseturnsignals5880]

So glad you're back!!! You've helped me so much!

[@JenniferBergman]

I'm happy to be back and to help! :)

[@dianajasmine111]

congrats! that is inspiring! i am 24 and i am interested in real estate. thank you for sharing your tips and numbers! loved this video.

[@jeffdaboin6530]

Need more videos! Your content is very helpful. Thank you!

[@treywiese2348]

Taking my Real Estate Exam for Iowa tomorrow and your videos and Prep Agent have helped so much! Any final advice? Never been a good test taker and get nervous.

[@JenniferBergman]

I’m so glad! Don’t go back and change your answers, always stick with your first instinct. And relax and visualize passing the exam beforehand and you’ll do great! Let me know how it goes!

[@treywiese2348]

@@JenniferBergman Wish I could say I passed but wasn’t even able to take the test. PSI online proctor exams had a lot of issues. Now needing to drive 2 hours to take the test in person.

[@williamg.vazquez4609]

hey do you know if Remax and Coldwell banker are good firms to work for?

[@meganmcdonald2649]

New to your channel and I love your videos! I just finished my school and now prepping for the CO broker exam. Your videos are helping me a lot! Btw blue is your color girl! 💙

[@JenniferBergman]

That’s awesome!! What part of CO are you in? And thank you!!! ☺️☺️💙

[@meganmcdonald2649]

@@JenniferBergman I am located in Highlands Ranch and going to be working at a brokerage in DTC when I get my license, but I lived in Boulder/Nederland area most of my life!

[@JenniferBergman]

@@meganmcdonald2649 oh you know the greater Denver area very well then!

[@isabellacorrea512_]

You’re back!!! Heck yeah!

[@JenniferBergman]

Glad to be back!! :) thank you for watching!!

[@valeriecoleman4335]

I am new subbie everything you said was correct. I put away year worth of saving. Just focus my first year as a realtor. Build my business. Great information. Start real estate business this fall. I currently in the medical field and want to change careers. I had my own business real estate investor in 2015-2017.

[@JenniferBergman]

Thank you! It sounds like you’re no newbie to taking control of your work life! Keep crushing!

[@limitlessreviews1]

Congrats and good job with this video!

[@xAl3216]

How soon do you get paid after closing? It’s not months later is it?

[@JenniferBergman]

Nope within a week

[@monicamancia8488]

I have a question, I decided that I want to become a real state agent, but there are different licenses for example: -Property Management Certificate -Real Estate Continuing Education (CEU) -Real Estate Salesperson Licensing -Mortgage Loan Officer Training. Can you please explain the differences and which one you got. Please.

[@JenniferBergman]

You need a Real Estate License: www.vaned.com/index.cfm/fa/home/pcode/bergman

[@JenniferBergman]

Congrats on the decision!

[@fv457]

And here I am struggling to close just 1 deal after almost a year myself lol nyc is tough. Glad to see you’re succeeding at least. Looking forward to the video on why you switched brokerages!

[@JenniferBergman]

An agent at my previous brokerage took 13 months to get his first transaction, and it was listing. He had 3 more the following 2 months! Everyone has a different trajectory just stick with it ✊

[@robchilderston1466]

Congratulations! My first year was a huge goose egg! Officially the worst realtor in Colorado! Curious what brokerage you switched to. I'm on a team with EXP.... not sure yet if I made the correct choice? Tough market here in Gunnison/Crested Butte

[@JenniferBergman]

I just spent a few days in Crested Butte and I’m in love!!! Jealous you live there but I can imagine the market isn’t an easy one to get into. I’m at a 100% brokerage (JPAR Modern Real Estate). I’ll post a video about that this week. EXP seems hit or miss, most agents seem to love or hate their experience. What do you think so far?

[@robchilderston1466]

@@JenniferBergman Well come back and visit me in the summer and I'll take you fly-fishing. I'm also a float fishing guide on the Gunnison river! I love some things and miss the interactive person to person team aspect!

[@throwanitback]

love your videos!! just started my RE course andam so excited for what's to come!

[@JenniferBergman]

Thank you so much!! :)

[@miamcdonald821]

Why did you switch brokerage and who are you with now ?

[@JenniferBergman]

Posting a video about that this week! But I’m at JPAR Modern Real Estate. It’s a 100% brokerage

[@RamonRodriguez-pd2tk]

How do you keep getting super expensive sales?

[@JenniferBergman]

Greater Denver area is a pretty expensive place to live and most of my clients are looking for family homes

[@toomey2wheels247]

What Brokerage are you at now?

[@JenniferBergman]

JPAR Modern Real Estate. It’s a 100% brokerage and they brought me on as a mentor. Loving it so far.

[@richardtaylor6341]

Please do a video about taxes when you do them!!

[@JenniferBergman]

Absolutely!!

[@joelhenry1111]

How many hours a week did you work on average?

[@JenniferBergman]

That’s hard to answer, as I’m sure you’ve heard, the hours vary greatly. It also depends on what you consider work, is work when you’re with clients and writing contracts or do the work hours include being on social media, studying the market and building/maintaining relationships. So the answer also varies, sorry to be so vague but it’s a rollercoaster schedule in real estate!

[@limitlessreviews1]

Congrats and good job with this video!

[@JenniferBergman]

Thank you and thank you!

[@catd7547]

Happy to see new videos from you. Looking forward to seeing more. You are inspiring.

[@JenniferBergman]

Thank you so much!! More are on the way :)

[@Comedyreallytwin]

Keep making videos great content

[@JenniferBergman]

More coming soon! Thank you :)

[@ShawnMelton89]

I can’t help but feel like most people on KZbin that are talking about real estate aren’t really in real estate at all and they’re just KZbinrs making up content. Or if they really are in real estate, they’re inflating it. Almost makes the entire business seem like a scam. Especially since it’s always either some hot blonde or some dude with a really colorful thumbnail. Idk but it all seems kind of sketchy.

[@JenniferBergman]

Well I actually do work in real estate and continue to actively work in real estate (which is why I’ve slacked on posting on KZbin). Every career path has people that post publicly whether to help out or try and create passive income. For every KZbinr you see, there are thousands working that aren’t posting. Neither is wrong or right. If you think the business is a scam it might be best you don’t join it 🤷‍♀️

[@ShawnMelton89]

@@JenniferBergman I get what you’re saying, but I still think it’s sketchy. I know you can make money in real estate and if I choose to get a real estate license, your input doesn’t matter to me one way or the other, but thank you for your opinion. I do think most of what people say on KZbin is exaggerated though. I know there aren’t a million people doing first year real estate that have become millionaires. If it were really that simple, everyone would just be a real estate agent. You might be telling the truth, but I know a lot of KZbinrs are lying about their income.

[@JenniferBergman]

@@ShawnMelton89 thanks for watching my channel but it doesn’t seem like the right place for you. Best of luck.

[@ShawnMelton89]

@@JenniferBergman thanks for your opinion again. Have a great day.

[@sierrachristie4847]

That’s awesome! How did you get good at your negotiating and contracts?

[@JenniferBergman]

Practice! Every time you learn something new. And being a strong and persistent communicator is very important in this market. Before you have your first client, I recommend reading “Never Split The Difference”. I read that before getting my license, great book for negotiations and hard conversations with anyone in life.

[@sierrachristie4847]

@@JenniferBergman Thank you!

[@TheGalvestontx]

Awesome video! I ran into your channel almost a year ago and some of your videos actually helped me pass my exams so thank you! I have been an agent here in texas for a few months now. I will definitely refer you if any of my future clients are relocating to colorado. 👍

[@JenniferBergman]

That’s awesome! So glad I was able to help! What part of Texas are you in? I’ll do the same for you!

[@TheGalvestontx]

@@JenniferBergman I’m in the Houston area, also have a lot of clients in Galveston if you’re familiar with that area. What area of colorado are you in?

[@JenniferBergman]

@@TheGalvestontx noted! I serve the great Denver area. So anywhere along the front range

[@TheGalvestontx]

@@JenniferBergman awesome to hear! I went out that way for my honeymoon. Very Nice area. Congratulations on your success in your first year. Keep going strong 💪

[@julianrocha60]

How do you write contracts? More in depth vids pls

[@JenniferBergman]

Sorry for the late response! But that’s on my list of videos to make 👍 what specifically about contracts are you looking for guidance on? There are multiple types/ways to write contracts so want to make sure I answer your question in the video

[@julianrocha60]

Like is there a website of Premade contracts or do you have to literally type everything? Or does your broker provide a template sorry im new

[@JenniferBergman]

@@julianrocha60 That totally depends on what state you’re in and what brokerage you’re at. In Colorado most agents use CTM and you fill in the contracts based on the client and property

[@SJWetz88]

Jesus Christ are realtors ever overpaid