So, how long does it take on average for a new real estate agent to close their first deal? Every agent is going to have their own first close story, and the timeline is rarely ever the same.
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Quick Answer: New real estate agents typically wait 2-6 months for their first commission check. While an accepted contract can close in 41+ daysUnderstanding The Closing Process Mortgages, finding your first client and getting that initial deal under contract usually takes much longer.
Most new real estate agents should expect to wait 2-6 months before seeing their first commission check. The numbers break down this way: once you have an accepted contract, closing typically takes 41+ daysHow Long Does Closing Take BlogHow Long Does Closing Take Blog for financed purchases. But securing that first client and getting a deal under contract is where most new agents face their biggest challenge, often taking 30-120 days or more.
The complete home-buying process typically takes 10-12 weeksHow Long Does It Take To Close On A House Select from initial client contact to closing. If you're extremely lucky and land a client immediately, you might see your first commission in 3-4 months. However, a more realistic scenario involves:
Months 1-3: Building your lead generation system and learning your market
Month 3-4: First serious client prospects emerge
Month 4-6: First accepted contract
Month 6-8: First commission check arrives
Several key factors determine how quickly you'll close your first deal.
Seasonality plays a major role - agents who start during peak spring and summer months typically find more buyer activity and available inventory, though they also face increased competition from other agents. Those beginning their careers in fall or winter often experience slower starts but may find it easier to stand out in a less crowded market.
Your brokerage and support system significantly impact your timeline as well. Full-service brokerages may provide lead generation systems, mentorship programs, and shared referrals that can accelerate your first deal. Discount or independent brokerages often offer higher commission splits but require more self-directed marketing efforts. Choosing the right brokerage5 Steps Help You Find Right Sponsoring Broker Blog is crucial for new agent success.
Transaction type also matters. Cash deals can close in just 2-3 weeksTime To Close On A House Learn after contract acceptance, while financed purchases average 41+ daysHow Long Does Closing Take BlogHow Long Does Closing Take Blog and involve appraisals, inspections, and underwriting that can create delays. Your geographic market conditions will also influence how quickly opportunities arise.
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The most successful new agents don't wait for business to come to them. Here's how to accelerate your path to that first deal:
Start with your personal network. Immediately contact family, friends, former colleagues, and acquaintances to announce your new career. This often generates the fastest path to that first client relationship.
Professional presentation matters enormously in real estate. Invest in high-quality business cards, create professional social media profiles, and practice your elevator pitch until it feels natural. These elements contribute to making strong first impressions with potential clients.
Maximize brokerage opportunities. Volunteer to hold open houses for experienced agents, take phone duty shifts to practice lead handling, and attend all training sessions. These activities build your skills while putting you in front of potential clients and referral sources.
Focus on neighborhood marketing and digital presence. Door-to-door introductions in target areas, distributing market reports, and establishing relationships with local businesses can generate leads. Set up your Google My Business profile, create valuable content on social media, and join local online communities to establish your digital presence. Effective lead generation strategiesLead Generation Tools Tips Real Estate Agent Blog and building referral networks5 Ways To Get Referrals Blog are essential skills for new agents to master.
New agents should plan for an income gap during their first few months. Expect little to no income in months 1-3 while you focus on building systems and relationships. Consider part-time work or ensure you have savings to cover expenses during this period. Industry experts recommend87 Of All Agents Fail In Real Estate Blog.tomferry.com having at least six months of expenses saved before starting your real estate career.
Your first potential transactions may emerge in months 4-6, but remember that commission payments come after closing, adding another 1-2 months to your timeline. According to industry researchBlog Real Estate Agent Statistics Resimpli.com, the median number of residential sales for real estate agents is 12 annually, with many new agents closing 2-4 deals in their first year as they build momentum. Understanding what to expect in your first two yearsWhat Expect Your First Two Years As Real Estate Agent Blog can help set realistic expectations.
The most common mistakes that delay first deals include waiting for leads to come to you instead of actively generating business, neglecting consistent follow-up with prospects, and lacking sufficient market knowledge to provide value to clients. Research shows that 88% of buyers would use their agent againQuick Real Estate Statistics Research And Statistics, highlighting the importance of building strong relationships from your very first transaction. Learning how to close your first dealNational Close First Real Estate Deal Career Center effectively sets the foundation for future success.
Closing your first real estate deal typically takes 2-6 months for new agents who actively work their business. While the actual closing process takes 50+ days once you have an accepted contract, the real challenge lies in building your client base and establishing credibility in the market.
Success in real estate requires patience, persistence, and consistent action. Focus on providing value to your community, building genuine relationships, and developing your expertise in local markets. Remember that many agents face significant challenges in their early yearsWhy Realtors Fail Theclose.com, but those who treat real estate as a serious business from day one and invest in proper systems and relationships are much more likely to build sustainable careers.
When that first commission check finally arrives, you'll have built the foundation for a sustainable real estate career. Your dedication to serving clients and growing your skills will ultimately determine how quickly you achieve that first closing milestone and establish momentum for future success.
Ready to accelerate your real estate career? Explore AceableAgent's continuing education coursesReal Estate Continuing Education and career center resourcesCareer Center to build the skills that lead to faster success.