A Commercial Real Estate Broker earns an average salary of $63,054 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

$32,966 - $155,470
(Median)
$33K
$63K
$160K
MEDIAN: $63,054
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$32,966 - $155,470  
   
Bonus
$2,500 - $49,132  
Commission
$-0.50 - $124,162  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,241 - $176,171  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 45
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Job Description for Commercial Real Estate Broker

Commercial real estate brokers usually serve as leasing and sales agents for business properties, and an associate's or bachelor's degree and state-required real estate licensing are generally required for this position.

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Commercial Real Estate Broker Tasks

  • Meet with clients and prospective clients, provide property tours.
  • Negotiate lease and sales terms for properties.
  • Obtain and market new properties.
  • Draw up and file leases and sales.

Commercial Real Estate Broker Job Listings

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Pay by Experience Level for Commercial Real Estate Broker

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Commercial Real Estate Broker Advice

What do you wish you knew about your job when you first started out?

Commercial Real Estate Broker in Melville:
"Being honest, fair, respectful and empathetic."
Being always honest, fair, truthful, respectful and empathetic is a sure path to success.

Related Job Salaries

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Experience Affects Commercial Real Estate Broker Salaries

Experienced
up arrow 36%

Mid-Career
up arrow 20%

Late-Career
up arrow 17%

National Average
$88,000

Entry-Level
up arrow 28%

Skills That Affect Commercial Real Estate Broker Salaries

Contract Negotiation
up arrow 6%

National Average
$88,000

Sales
up arrow 29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
11%
1-4 years
35%
5-9 years
17%
10-19 years
17%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 73%
dental benefits
Dental: 57%
medical benefits
Vision: 50%
dental benefits
None: 27%
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