A Real Estate Agent earns an average salary of $43,430 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years' experience. Most people move on to other jobs if they have more than 20 years' experience in this career.
Real Estate Agent 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.
)
$23,573 - $109,849
(Median)
24K
43K
66K
110K
MEDIAN: $43,429
10%
50%
75%
90%
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Real Estate Agent 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.
)
$8.05 - $25.34
(Median)
8
18
25
MEDIAN: $11.00
10%
75%
90%
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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
$23,573 - $109,849  
   
Bonus
$0.00 - $15,287  
Profit Sharing
$0.00 - $14,795  
Commission
$3,041 - $102,613  
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).
)
$23,443 - $135,070  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 488
National Hourly Rate 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$25$50$75
Hourly Rate
$8.05 - $25.34  
   
Overtime
$0.00 - $58.72  
National Annualized 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
Bonus
$0.00 - $15,287  
   
Commission
$3,041 - $102,613  
Profit Sharing
$0.00 - $14,795  
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).
)
$23,443 - $135,070  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 488
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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.
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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.
Pay by Experience Level for Real Estate Agent
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Seattle
up arrow 107%
New York
up arrow 25%
Atlanta
up arrow 9%
Los Angeles
up arrow 6%
National Average
$48,000
Houston
up arrow 24%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Real Estate Agent Salaries

Experienced
up arrow 46%
Mid-Career
up arrow 36%
Late-Career
up arrow 34%
National Average
$48,000
Entry-Level
up arrow 12%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 35 votes.
Gender
Female
49%
female alumni
 
Male
51%
male alumni
Years of Experience
Less than 1 year
14%
1-4 years
49%
5-9 years
19%
10-19 years
14%
20 years or more
5%
Common Health Benefits
medical benefits Medical: 35% dental benefits Dental: 25%
vision benefits Vision: 20% employee benefits None: 63%
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