How to Make $200,000 as a Realtor
How to Make $200,000 as a Realtor Without Cold Calling, Door Knocking, or Open Houses
You asked, and I’m here to answer. The calculator is out, because today we’re breaking down the math behind making $200,000 in real estate, without relying on cold calling, door knocking, or open houses.
At the end of the day, how you hit your financial goal doesn’t matter as much as having a clear strategy to get there. Social media? Fantastic...it’s efficient and scalable. But no matter what method you choose, the key is to know your numbers. Let’s do the math together.
Step 1: Know Your Average Home Price and Commission
The first step is to figure out your numbers.
Find Your Average Home Price:
Look at the past 12 months of sales in your market (or your own transactions, if you have them). Use your MLS to find the average home price in your area. Write it down, it’s crucial.Know Your Average Commission:
Determine the average commission rate you’ve earned (or that agents in your area negotiated). If you’re unsure, your MLS can also provide this data.
For this example, let’s assume:
Average home price = $500,000
Commission per side = 3%
Step 2: Calculate Your Commission Per Transaction
If the average home price is $500,000 and your commission is 3%, your gross commission per transaction is:
$500,000 x 0.03 = $15,000
Now, subtract the fees you pay to your broker, transaction fees, insurance, or other costs. Let’s assume these total $5,000 per transaction.
$15,000 - $5,000 = $10,000 net commission per transaction
Step 3: Determine How Many Closings You Need
To make $200,000 per year, divide your goal by your net commission per transaction:
$200,000 ÷ $10,000 = 20 transactions per year
That’s 20 closings per year, or about 2 closings per month.
Step 4: Know How Many Leads You Need
The National Association of Realtors suggests the average agent needs about 100 leads to close one transaction.
If you need 2 closings per month, that means:
2 closings x 100 leads = 200 leads per month
200 leads ÷ 4 weeks = 50 leads per week
50 leads ÷ 5 workdays = 10 leads per day
Step 5: Find the Most Efficient Way to Generate Leads
Now that you know you need 10 leads per day, the question is: What’s the most efficient way to generate those leads?
Here are your options:
Traditional Methods: Cold calling and door knocking work if you’re consistent, but they’re time-intensive and not scalable.
Modern Methods: Video marketing and social media marketing allow you to reach hundreds, if not thousands, of people every week with less effort.
For example, by creating videos on platforms like YouTube, Instagram, and Facebook, you can:
Build an invisible list of 500–1,000 leads per week.
Gain for 50-100 conversation who already know who you are.
These conversations are fundamentally different from cold calls. Prospects who’ve seen your videos already trust you, understand your expertise, and are more likely to convert.
Why Tracking Your Numbers Matters
When you know your daily lead generation target (10 leads per day), you can track whether you’re on pace to hit your $200,000 goal. If you’re not, you can adjust your strategy or increase your efforts to stay on track.
This clarity transforms your business from guesswork to a measurable plan.
The Bottom Line
Making $200,000 in real estate without cold calling, door knocking, or open houses is entirely possible, it just requires the right strategy. By understanding your numbers, leveraging modern marketing methods like video and social media, and consistently hitting your daily lead goals, you can build a scalable, efficient business.
So, what’s your next move? Choose the method that works best for you, track your numbers, and start generating the conversations that lead to closings.
Have a question?
Drop it in the comments, and I’ll answer it in my next post!
Thanks for reading!
🧡Annett