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Realtor Salary

A substantial slice of final earnings for Realtors (just over two-fifths) arrives through commissions. Median overall income in this area is approximately $50K. Women Realtors who took the survey just slightly outnumber men. For the most part, Realtors enjoy their work and report high levels of job satisfaction. Between a fifth and a fourth receive medical and dental insurance and around an eighth get vision plans. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$20,195 - $147,635
(Median)
$20K
$50K
$150K
MEDIAN: $49,760
10%
50%
90%

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$7.88 - $98.63
(Median)
$7
$15
$99
MEDIAN: $14.00
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$60K$120K$180K
Salary
$20,195 - $147,635  
   
Bonus
$0.00 - $10,438  
Commission
$120.80 - $144,028  
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).
)
$20,467 - $156,745  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 292
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$33$66$99
Hourly Rate
$7.88 - $98.63  
   
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$70K$140K$210K
Bonus
$0.00 - $10,438  
   
Commission
$120.80 - $144,028  
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).
)
$20,467 - $156,745  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 18

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Realtor

A realtor is a person who helps people buy and sell houses. Typically a realtor will work most closely with persons who are attempting the steps required in selling a house or similar property. However, people who are relocating to an area or looking to move into a new home may also engage a realtor to assist them in their search. In many instances, the realtor acts as a representative in the interests of the buying or selling client they represent. The realtor gets the best sale price possible, while looking out for the best interests of the persons they're assisting.

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Realtor Tasks

  • Counsel clients about prices, financing, legal options and expectations.
  • Create, review, edit and update contracts, agreements, leases, deeds and other paperwork.
  • Advertise, network and increase awareness of properties and brand.
  • Develop strong relationships with clients, identifying needs, preferences and goals.
  • View properties, advise about prices and hold open houses.

Common Career Paths for Realtor


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Though some Realtors move into positions like Real Estate Asset Manager (where the average salary is $75K), this progression is not the norm. Many Realtors advance into roles as Administrative Assistants or Property Managers, but the median salaries are $19K lower and $9K lower, respectively.

Realtor Job Listings

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Pay by Experience Level for Realtor

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


Realtors with a rich background of experience are typically rewarded with larger paychecks. The average worker who claims fewer than five years of experience earns around $44K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $61K. Realtors see a median salary of $77K after reaching one to two decades on the job. Realtors who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $95K.

Realtor Advice

What do you wish you knew about your job when you first started out?

Realtor in New York:
"Get A Degree With Jobs At The End."
Meet everybody. Smile. Look them in the eye. Be of service, they are counting on you.

Related Job Salaries

United States (change)

Experience Affects Realtor Salaries

Late-Career
up arrow 90%

Experienced
up arrow 53%

Mid-Career
up arrow 20%

National Average
$50,000

Entry-Level
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
9%
1-4 years
40%
5-9 years
19%
10-19 years
24%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 22% dental benefits Dental: 18%
vision benefits Vision: 12% employee benefits None: 76%
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