Realtor Salary

A big portion of take-home pay for Realtors — just below three-fifths, in fact — arrives through commissions. This profession's median overall income is approximately $54K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to nearly one in five, and around one in ten earn dental coverage. The majority of workers are highly satisfied with their job. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.

$24,450 - $187,723
$24K
$51K
$190K
MEDIAN: $51,470
10%
50%
90%

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$9.30 - $38.78
$9
$15
$39
MEDIAN: $15.26
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$24,450 - $187,723  
   
Bonus
$0.00 - $51,521  
Commission
$2,936 - $100,671  
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).
)
$24,362 - $193,191  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 247
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$9.30 - $38.78  
   
Hourly Tips
$0.92  
Overtime
$25.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$0.00 - $51,521  
   
Commission
$2,936 - $100,671  
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).
)
$24,362 - $193,191  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 23

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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

  • 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


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For Realtors, advancing into a Real Estate Broker role, for which the median salary is $61K, is not common but it does happen. Realtors most often move into Property Manager or Administrative Assistant roles. However, the former pays $12K less on average, and the latter pays $22K less.

Realtor Job Listings

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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
52 %
Male
48 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.
Less than 1 year
7%
1-4 years
46%
5-9 years
20%
10-19 years
21%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Realtor Salaries

Late-Career
▲100%

Experienced
▲58%

Mid-Career
▲37%

National Average
$54,000

Entry-Level
▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

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

Common Health Benefits

medical benefits
Medical: 21%
dental benefits
Dental: 11%
vision benefits
Vision: 9%
no benefits
None: 78%
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