As a natural-born salesperson, getting a job that offers commission would be a great option to consider. If you’re looking to get into a sales job and would like a job where you make commission, you may want to know about the types of jobs that offer the highest commissions.
Here are eight of the high commission jobs to get you started:
1. Real Estate Brokers & Agents
Real estate brokers and agents have one of the best commission jobs. These professionals help their clients find their dream home, whether it be to buy or rent. They also help clients sell homes. Some real estate agents assist their clients with buying and selling commercial properties. The difference with Real Estate Brokers is that they’re able to manage their own real estate practice and have agents working under them.
Once you have the appropriate licence, you’ll be using a variety of skills, including negotiating deals, time-management to set up client meetings, hold showings, and open houses, conduct valuations of property, knowledge of the marketplace, and most importantly – know how to close a deal. Real Estate Brokers and Agents take a certain percentage of commission off the sale. These types of commissions can even be advanced based on your preferred schedule. Generally, the higher the amount a house sells for, the higher the commission will be.
2. Pharmaceutical Sales Representative
Pharmaceutical Sales Representatives are responsible for finding new customers and selling their pharmaceutical drugs to doctors, hospitals and pharmacies. Although you need a university degree for this job, a lot of the skills are taught on the job.
Some other skills needed for the job include an ability to charm and persuade people to buy your product, the ability to learn about multiple products at once, and an openness to travel for work. Pharmaceutical Sales Reps get commission on the products they sell.
3. Insurance Sales Agent
Insurance Sales Agents sell their insurance products to customers. They are usually responsible for a certain territory in their target market and will look for new customers in these areas. These agents will then oversee those clients, creating their own client base. This job also requires a licence and the ability to pitch suitable insurance policies to various customers. Commission is then dolled-out on the number of policies they sell.
4. Medical Device Sales Representative
Like Pharmaceutical Sales Representatives, Medical Device Sales Representatives are also in the business of selling products in the medical field. They are responsible for promoting and selling their company’s products to doctors, hospitals, and pharmacies. Some common products sold by these reps include wireless wearable sensors, medical alert devices, cardiology, critical care products, and much more.
Most likely, these reps will be required to have a university degree. The rest of the knowledge needed for this job is acquired through on-the-job training. Good sales skills are needed here. Reps make a commission from the devices they sell.
5. Software Sales Representative
Software Sales Representatives make their commission by selling the latest and greatest technologies to prospective clients. Reps in this field must not only shine when it comes to making sales, but must also have a technical brain. This job typically requires a university degree in computer science, information technology or engineering.
If you are a techie and have a knack for sales, this could be one of the best high commission jobs for you. Best of all, you can do these types of commission jobs from home.
6. Sales Engineers
Also in the technology industry, Sales Engineers sell technical products and services to businesses. These high commission jobs will require a technical brain. Sales Engineers must be able to learn the ins and outs of many complex products and sell them to businesses who may not understand the product’s use unless well explained.
As more and more technical products are developed, Sales Engineers are becoming higher and higher in demand. The better able you are to digest technical information and sell it to potential users, the higher your commission will be.
7. Securities, Commodities, and Financial Services Sales Agents
Securities, Commodities, and Financial Services Sales Agents work in the financial sector. They are primarily responsible for connecting buyers and sellers with various financial services.
This type of commission job requires many skills including knowledge of the financial sector, sales, trade and advisory services. Commission in this job has the potential to be quite high, depending on the products and services that you’re selling.
8. Manufacturer’s Representative
Manufacturer’s Representatives come from a variety of different industries and sell products straight from manufacturers. Sometimes, these types of reps will work for more than one manufacturer, selling many different types of products. Other times, they will work solely for one company.
This commission based job requires you to be able to learn and explain the features of many different products at once. A university degree may be required depending on the industry and company. Technology-based companies may require a degree in engineering or information technology. The better you learn the products you’re selling, the better you’ll be at your job and the higher your potential commission will be.
