As house agents around the world continue to negotiate their contracts, their salaries are increasingly being paid in dollars and pounds, even though they’re mostly earning in the local currency.
But is that fair?
Read moreHouse agents in the United Kingdom earn a minimum of £2,300 a year, or around £1,100 more than the UK’s median salary.
It’s an increase of £100 a month over the last two years, according to the Home Office.
And if you’re one of the lucky ones, you’re often paid more in sterling than the equivalent salary in the US, according an investigation by the BBC and BBC Sport.
This year the BBC found that the average house agent in England was earning £1.13m ($1.64m) in sterling.
That’s an extra £200 a month, or £1m a year.
The figure for the US was slightly lower at £1 million ($1 million), but still around the same as the UK average.
So, how does this compare to other countries?
The US pays its agents in dollars, which means the UK pays its own agents in sterling, even if the agents earn in the currency of their home country.
The difference between these currencies is the amount paid in sterling for each job performed.
For example, if a house agent’s salary in sterling is £1million ($1m), but the equivalent of the US median salary is £2.4million ($3.3m), the agent is paid £2 million ($2.7m) more than a British house agent, and that extra money is added to the UK agent’s annual salary.
For more on salary negotiations, including how to get the most out of your agent, check out our guide:The BBC also found that US agents earn more than their UK counterparts, while agents in Canada, Canada’s largest province, earned less than their US counterparts.
So what does that mean for you?
If you’re a UK house agent and you’re looking for a contract that might not be for sale, we recommend you look into our list of best agent deals and pay in pounds.
The BBC’s report on agent salaries and wages has been published on the BBC World Service.
Follow all of the best home agent deals on offer from the BBC.