Salary for Real Estate Brokers

Want help with your hiring? It's easy. Enter your information below, and we'll quickly reach out to discuss your hiring needs.
Loading

Also known as:  Licensed Real Estate Broker, Real Estate Broker

Recruiter.com helps find better paying jobs across all specialties and locations. Sign up in our career community today!

SEE MORE SALARIES FOR MARKETING AND SALES PROFESSIONALS
Real estate brokers sell real estate for other individuals. They do this for a fee, also called a commission. Real estate brokers search other similar properties to compare prices and ensure the property is being listed at a competitive price. Brokers also monitor the fulfillment of the terms of the agreement once it is made and negotiate between buyers and sellers. In order to work as a broker it is necessary that the individual be familiar with the real estate laws and fair housing laws to work as a broker. The job is a commission-only position, though earnings can be substantial.

A Real Estate Broker can expect a wage between $25,460 and $174,120 based on the level of education. will normally receive an average salary of eigthy-one thousand six hundred and thirty dollars per annum.

can get the best compensation in District of Columbia, where they get salary pay of just about $112,550. People working these jobs can make the highest salaries in Construction, where they can get an average job salary of $91,610.

Are you an aspiring real estate broker? Want a new opportunity where you can earn a higher salary? Join our real estate broker Career Community today!

The national wage distribution is shown below. To overlay local salaries for a Real Estate Broker, please select your state.
Annual salary
Hourly rate
GET SCOUTED
Recruiter makes it easy to find out about new jobs for real estate brokers. Join our real estate broker Career Community today!
SALARY TREND

The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 4.97 percent nationwide in that time.

INDUSTRIES

Real Estate Brokers tend to make the most in the following industries:

Transportation and Warehousing
$109,550
Information
$103,960
Construction
$91,610
Utilities
$90,810
Accommodation and Food Services
$84,020
Real Estate and Rental and Leasing
$81,760

In general, they earn less within the industries below:

Other Services (except Public Administration)
$62,100
Public Administration
$70,840
Administrative, Support and Waste Management Services
$71,340
Professional, Scientific, and Technical Services
$73,090
Health Care and Social Assistance
$76,880
Finance and Insurance
$78,840