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Real Estate Agent Salary

Change Country United States » Job » Real Estate Agent Overview » Real Estate Agent Salary
Updated: 11 May 2013
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Rated 5 out of 5 based on 23 Real Estate Agent votes.
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Real Estate Agent 2013 Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$23,569 - $135,466
(Median)
0
24K
49K
82K
140K
MEDIAN: $49,365
10%
50%
75%
90%

Real Estate Agent Job Listings

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national salary data
National Salary Data

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary$23,079 - $109,243  
   
Bonus$0.00 - $20,100  
Profit Sharing$0.00 - $3,052  
Commission$2,909 - $105,117  
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).
)
$23,569 - $135,466  
PayScale
Country: United States | Currency: USD | Updated: 11 May 2013 | Individuals Reporting: 218

Job Description for Real Estate Agent

Real estate agents work with clients in order to facilitate the sale and purchase of property and houses. Real estate agents review property value and similar sale prices in an area to determine reasonable prices for selling and buying property. Not every deal is cut and dry though, and at times real estate agents will have to work through lengthy negotiations in order to satisfy all parties involved in the transfer of property. It is in the best interest for a real estate agent to earn as much money for a sale or purchase as possible, as they often work on commission based on the final sale price of a property.
Becoming a real estate agent requires taking a state license exam. States have different exams, so real estate agents must become licensed in every state in which they practice. Real estate brokerages will offer additional training in how to properly list and sell property. While working under a brokerage, a real estate agent will have to work closely with other agents in their brokerage as well as with their clients. To successfully sell a home, a real estate agent needs to bring interested parties to listed properties to show them around. This allows clients and interested buyers to determine whether or not they wish to finalize a deal. For this reason, a real estate agent needs to ensure that a property is clear and in decent condition. To maintain this condition, a real estate agent will have to visit this property every so often and check on everything.
Real Estate Agent Tasks
  • Build and develop relationships with clients online and in person.
  • Negotiate with involved parties to reach agreement and transfer properties.
  • Facilitate the sale and purchase of properties by working with sellers, buyers, and intermediaries.
  • Document all interactions and negotiations, including legal documents.
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company salaries
Companies and Industries for Real Estate Agent Salaries

Popular Employers

Salary Range

Keller Williams Realty, Inc.$29,748 - $78,611
Popular Industries

Salary Range

Real Estate$21,746 - $120,188
Real Estate Agency$23,526 - $159,968
Real Estate Property Management$21,515 - $93,399

key statistics
Key Statistics for Real Estate Agent Salaries and Jobs

Female
51%
female alumni
 
Male
49%
male alumni
Salary:$24,852 - $46,469 $30,723 - $72,124
Years of Experience
Less than 1 year
15%
1-4 years
45%
5-9 years
19%
10-19 years
16%
20 years or more
5%
Top Degrees

Salary Range

Bachelor's Degree$19,392 - $92,738
Most Common Health Benefits
medical benefits Medical: 35% dental benefits Dental: 25%
vision benefits Vision: 17% employee benefits None: 63%

alumni reports
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career path
Career Path for Real Estate Agent Jobs

Common Past Jobs
Common Future Jobs

Real Estate Agent

Salary Range

$23,569 - $135,466
payscale
Realtor
$24,219 - $198,368
Sales Associate
$15,605 - $56,046
Real Estate Sales Agent
$21,609 - $145,774
 
Common Future Jobs

Real Estate Agent

Salary Range

$23,569 - $135,466
payscale
Real Estate Broker
$30,017 - $174,578
Property Manager
$25,429 - $66,958
Administrative Assistant
$21,328 - $43,641
 

career path
Salary Map for Real Estate Agent Jobs

Highest Salaries By City for Real Estate Agent Jobs

Top Cities by Popularity for Real Estate Agent Jobs

Highest Salaries By City Top Cities by Popularity

average job salaries
More Charts for Real Estate Agent Jobs

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