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Real Estate Agent Salary

A Real Estate Agent earns an average salary of $45,070 per year. Most people with this job move on to other positions after 20 years in this career.

$23,203 - $101,212
(Median)
$23K
$45K
$100K
MEDIAN: $45,069
10%
50%
90%

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$9.03 - $22.67
(Median)
$9
$12
$23
MEDIAN: $11.00
10%
50%
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
$23,203 - $101,212  
   
Bonus
$0.00 - $19,900  
Commission
$6.21 - $102,226  
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).
)
$22,997 - $106,237  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 432
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
$9.03 - $22.67  
   
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 - $19,900  
   
Commission
$6.21 - $102,226  
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).
)
$22,997 - $106,237  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 35

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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.

Common Career Paths for Real Estate Agent


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Pay by Experience Level for Real Estate Agent

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

Related Job Salaries

United States (change)

Experience Affects Real Estate Agent Salaries

Late-Career
up arrow 37%

Experienced
up arrow 32%

Mid-Career
up arrow 10%

National Average
$48,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 27 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
14%
1-4 years
48%
5-9 years
17%
10-19 years
14%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 36% dental benefits Dental: 24%
vision benefits Vision: 18% employee benefits None: 62%