Owner, Real Estate Office/Firm Salary

An Owner, Real Estate Office/Firm earns an average salary of $77,000 per year.

$32,500 - $109,000
$77K
MEDIAN: $77,000
50%

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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$50K$100K$150K
Salary
$77,000  
   
Bonus
$2,750  
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).
)
$21,503 - $147,007  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 9

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Job Description for Owner, Real Estate Office/Firm

Owners of real estate firms and offices are responsible for coordinating real estate activities, reviewing contracts, and managing real estate staff, as well as completing paperwork and finding innovative ways to increase company revenue. They also hire and provide specific training to new personnel and may direct efforts to bring new clients and referrals to the organization.

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Owner, Real Estate Office/Firm Tasks

  • Ensure compliance with licensing, taxation, and insurance regulations and completion of required paperwork.
  • Oversee acquisition of real estate and communication with buyers.
  • Hire, train, and supervise firm employee team.
  • Develop and execute the firm's business and marketing plans and manage real estate finances.

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Pay by Experience Level for Owner, Real Estate Office/Firm

Pay by Experience for an Owner, Real Estate Office/Firm has a positive trend. An entry-level Owner, Real Estate Office/Firm with less than 5 years of experience can expect to earn an average total compensation of $75,000 based on 16 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Owner, Real Estate Office/Firm with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $68,000 based on 17 salaries. An experienced Owner, Real Estate Office/Firm which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $76,000 based on 8 salaries. An Owner, Real Estate Office/Firm with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $101,000 based on 11 salaries.

Key Stats for Owner, Real Estate Office/Firm

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
1-4 years
30%
5-9 years
20%
10-19 years
30%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Owner, Real Estate Office/Firm Salaries

Late-Career
▲53%

Experienced
▲15%

Entry-Level
▲14%

Mid-Career
▲3%

National Average
$66,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Years of Experience

1-4 years
30%
5-9 years
20%
10-19 years
30%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 80%
vision benefits
Vision: 60%
no benefits
None: 20%