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Realtor Salary

A big portion of take-home pay for Realtors — more than two-fifths, in fact — arrives through commissions. This profession's median overall income is approximately $50K. Medical and dental coverage is claimed by slightly more than a fifth, and around one in eight earn vision coverage. Women make up a slight majority of Realtors (52 percent) survey respondents. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.

$20,161 - $148,847
(Median)
$20K
$50K
$150K
MEDIAN: $49,893
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
$20,161 - $148,847  
   
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).
)
$20,390 - $162,045  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 296
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).
)
$20,390 - $162,045  
Country: United States | Currency: USD | Updated: 16 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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Realtors who advance into the role of a Real Estate Asset Manager are fairly uncommon. Real Estate Asset Managers on average earn $75K per year. Many Realtors go on to become Administrative Assistants or Property Managers despite the fact that median compensation in those roles is reportedly $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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Although individuals who have less than five years' experience earn $45K on average, people with five to 10 years benefit from a notably larger average of $61K. For Realtors, 10 to 20 years of experience on the job amounts to an average salary of $78K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $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 89%

Experienced
up arrow 54%

Mid-Career
up arrow 21%

National Average
$50,000

Entry-Level
up arrow 11%

Job Satisfaction

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

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
10%
1-4 years
41%
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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