Realtor Salary

The median total income of Realtors is around $50K, and for the average worker in this area, a good chunk of that (more than two-fifths, in fact) comes from commissions. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Medical and dental coverage is claimed by just over one in five, and approximately one-eighth earn vision coverage. Women Realtors who took the survey just slightly outnumber men. Most workers in this position report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$19,977 - $143,002
(Median)
$20K
$50K
$140K
MEDIAN: $49,540
10%
50%
90%

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$7.78 - $41.22
(Median)
$7
$14
$41
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$50K$100K$150K
Salary
$19,977 - $143,002  
   
Bonus
$0.00 - $19,336  
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).
)
$20,119 - $148,175  
Country: United States | Currency: USD | Updated: 2 Jul 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$25$50$75
Hourly Rate
$7.78 - $41.22  
   
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$50K$100K$150K
Bonus
$0.00 - $19,336  
   
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).
)
$20,119 - $148,175  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 15
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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 $74K), this progression is not the norm. Realtors most often move into Administrative Assistant or Property Manager roles. However, the former pays $19K less on average, and the latter pays $8K less.

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.


For many Realtors, more experience generally translates to higher pay. 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. The average pay reported by folks with 10 to 20 years of experience is around $76K. People who have worked for more than 20 years report a median income of $91K, which is barely higher than the median for folks with 10 to 20 years of experience.

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.

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Experience Affects Realtor Salaries

Late-Career
up arrow 81%

Experienced
up arrow 52%

Mid-Career
up arrow 22%

National Average
$50,000

Entry-Level
up arrow 12%

Job Satisfaction

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

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
10%
1-4 years
41%
5-9 years
20%
10-19 years
24%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 23% dental benefits Dental: 19%
vision benefits Vision: 13% employee benefits None: 75%
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