Realtor Salary

Commissions constitute a big slice (more than half on average) of overall compensation for Realtors, and the median take-home for this group lies near $58K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Men working as Realtors who took the survey just slightly outnumber women at 52 percent. Approximately one in five report receiving medical coverage from their employers and one in ten collect dental insurance. Job satisfaction is high and work is enjoyable for most Realtors. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$24,870 - $182,555
$25K
$54K
$180K
MEDIAN: $53,529
10%
50%
90%

Add this chart to your site: 640px    300px

$8.93 - $40.27
$8
$15
$40
MEDIAN: $15.02
10%
50%
90%

Add this chart to your site: 640px    300px

$0$183K
Salary $24,870 - $182,555
Bonus $0.00 - $48,479
Commission $402.68 - $101,367
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).
)
$24,503 - $183,793
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 254
Hourly Data $0$40
Hourly Rate $8.93 - $40.27
Hourly Tips $1.03
Overtime $25.00
Annual Data $0$183K
Bonus $0.00 - $48,479
Commission $402.68 - $101,367
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).
)
$24,503 - $183,793
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 28

Find Out Exactly What You Should Be Paid

United States (change)

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.

Read More...

Realtor Tasks

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

Common Career Paths for Realtor


Add this chart to your site:   640px 640px    300px 300px


Realtors sometimes move into a Real Estate Broker role, where the salary is similar. Realtors most often move into Property Manager or Administrative Assistant roles. However, the former pays $15K less on average, and the latter pays $26K less.

Realtor Job Listings

Pay by Experience Level for Realtor

Pay by Experience for a Realtor has a positive trend. An entry-level Realtor with less than 5 years of experience can expect to earn an average total compensation of $45,000 based on 154 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Realtor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $73,000 based on 66 salaries. An experienced Realtor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $85,000 based on 59 salaries. A Realtor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $108,000 based on 18 salaries.

Realtor Advice

Q: What is it like working as a Realtor?

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

Key Stats for Realtor

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.
Less than 1 year
6%
1-4 years
46%
5-9 years
20%
10-19 years
21%
20 years or more
7%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Realtor Salaries

Late-Career
▲86%

Experienced
▲47%

Mid-Career
▲27%

National Average
$58,000

Entry-Level
▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
6%
1-4 years
46%
5-9 years
20%
10-19 years
21%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 20%
dental benefits
Dental: 10%
vision benefits
Vision: 9%
no benefits
None: 79%
ADVERTISEMENT