The highest-paid real estate agent in Wyoming earns about $109,492 per year, while the lowest-paid real estate agent earns about $48,936 per year. This brings the average pay for a real estate agent in Wyoming to $73,199 annually.
Of course, the amount differs for every individual because most payments are made from commissions. So, the more clients you help to find their perfect home, the more you can earn as commission.
Since the real estate industry is growing fast and more opportunities are available for agents, getting into commercial real estate is an excellent way to grow your career. You can start as a part-time real estate agent and then move into full-time as you get more opportunities.
Reactivating Your Real Estate License and Cross-State License Acceptance in Wyoming
If you have an active license in another state and would like to operate as a real estate agent in Wyoming, you have to meet some requirements to qualify. This is because Wyoming doesn’t have real estate reciprocity agreements with any other states but has an elaborate procedure on how to transfer a real estate license to another state or from another state to Wyoming.
To continue practicing as a real estate agent in Wyoming, if you are moving from another state, here are some requirements to meet.
- Your license must be active in your state
- Submit two fingerprint cards for background checking
- Do the Salesperson II course and complete it. If your license is active in your state, you don’t need to do the Salesperson I course.
- Complete the Wyoming Law Classes
- Pass the Wyoming real estate exam and pass
- Find a sponsoring broker to work with in Wyoming
- Submit your application to the Wyoming Real Estate Commission
The commission will review your application and get back to you in case they need more information from you. If none, they’ll send your approved license to your broker, and you can start practicing.
Becoming a real estate agent in Wyoming is rewarding and gives you value for your investment in real estate classes. But what does it take to be a real estate agent?
You need to complete a real estate pre-licensing course, meet all the real estate license requirements by state, and have the real estate agent background check requirements in place.