Commercial Real Estate Broker Salary

A Commercial Real Estate Broker earns an average salary of $64,501 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.

$35,146 - $176,821
$35K
$65K
$180K
MEDIAN: $64,501
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$70K$140K$210K
Salary
$35,146 - $176,821  
   
Bonus
$3,973 - $49,316  
Commission
$20,347  
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).
)
$38,170 - $196,775  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 35

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United States (change)

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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

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

Commercial Real Estate Broker Job Listings

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Pay by Experience Level for Commercial Real Estate Broker

Pay by Experience for a Commercial Real Estate Broker has a positive trend. An entry-level Commercial Real Estate Broker with less than 5 years of experience can expect to earn an average total compensation of $63,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Real Estate Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $105,000 based on 9 salaries. An experienced Commercial Real Estate Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 10 salaries. A Commercial Real Estate Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $120,000 based on 7 salaries.

Commercial Real Estate Broker Advice

Q: What is it like working as a Commercial Real Estate Broker?

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

Key Stats for Commercial Real Estate Broker

Gender

Female
5 %
Male
95 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
14%
1-4 years
31%
5-9 years
19%
10-19 years
17%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Real Estate Broker Salaries

Experienced
▲72%

Late-Career
▲37%

Mid-Career
▲20%

National Average
$87,000

Entry-Level
▼28%

Skills That Affect Commercial Real Estate Broker Salaries

Contract Negotiation
▲6%

National Average
$87,000

Sales
▼36%

Job Satisfaction

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

Gender

Female
5 %
Male
95 %

Years of Experience

Less than 1 year
14%
1-4 years
31%
5-9 years
19%
10-19 years
17%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 56%
vision benefits
Vision: 52%
no benefits
None: 28%