Realtor Salary

A substantial slice of final earnings for Realtors (just below three-fifths) arrives through commissions. Median overall income in this area is approximately $52K. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. Job satisfaction for Realtors is high. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 53 percent. Just under a fifth report receiving medical coverage from their employers and around one in ten collect dental insurance. The data in this summary comes from the PayScale salary survey.

$23,960 - $181,525
$24K
$50K
$180K
MEDIAN: $50,366
10%
50%
90%

Add this chart to your site: 640px    300px

$9.07 - $39.73
$9
$15
$40
MEDIAN: $15.02
10%
50%
90%

Add this chart to your site: 640px    300px

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
$23,960 - $181,525  
   
Bonus
$0.00 - $80,000  
Commission
$412.17 - $100,334  
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).
)
$23,617 - $181,665  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 246
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
$9.07 - $39.73  
   
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 - $80,000  
   
Commission
$412.17 - $100,334  
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).
)
$23,617 - $181,665  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 20

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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


Although it's unusual, some Realtors transition into jobs as Real Estate Brokers. The latter group reports earning a slightly lower median of $61K per year, though. A lot of Realtors advance their careers by becoming Property Managers and Administrative Assistants. However, those positions offer $10K less and $20K less per year on average.

Realtor Job Listings

Search for more jobs:

Pay by Experience Level for Realtor

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


Respondents with less than five years' experience take home $45K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $71K. The average pay reported by folks with 10 to 20 years of experience is around $82K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Realtors report making only $81K on average.

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
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.
Less than 1 year
6%
1-4 years
46%
5-9 years
18%
10-19 years
23%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Realtor Salaries

Experienced
▲58%

Late-Career
▲56%

Mid-Career
▲37%

National Average
$52,000

Entry-Level
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
6%
1-4 years
46%
5-9 years
18%
10-19 years
23%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 19%
dental benefits
Dental: 11%
vision benefits
Vision: 8%
dental benefits
None: 79%
ADVERTISEMENT