Underwriter, Commercial Real Estate Salary

Commissions constitute a big slice (slightly less than a third on average) of overall compensation for Commercial Real Estate Underwriters, and the median take-home for this group lies near $70K. Career duration and the particular city each impact pay for this group, with the former having the largest influence. For the most part, Commercial Real Estate Underwriters enjoy their work and report high levels of job satisfaction. The majority of Commercial Real Estate Underwriters (65 percent) who took the survey are men. Medical benefits are awarded to almost all, and a large number earn dental coverage. The information for this snapshot was generated by responses to the PayScale salary survey.

$40,388 - $96,882
(Median)
$40K
$64K
$97K
MEDIAN: $64,457
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
$40,388 - $96,882  
   
Bonus
$0.00 - $20,521  
Profit Sharing
$2,750 - $5,000  
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).
)
$40,519 - $112,801  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 192

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Just a handful of professional skills are reported by Commercial Real Estate Underwriters who took the survey. Most notably, facility with Real Estate, Financial Analysis, and Loan Underwriting are correlated to pay that is significantly above average, leading to increases of 37 percent, 9 percent, and 8 percent, respectively. Loan Underwriting is a skill commonly found among those who know Financial Analysis.

Pay by Experience Level for Underwriter, Commercial Real Estate

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


Although individuals who have less than five years' experience earn $54K on average, people with five to 10 years benefit from a notably larger average of $83K. Commercial Real Estate Underwriters with one to two decades of relevant experience report an average salary of approximately $93K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $77K.

Related Job Salaries

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Experience Affects Underwriter, Commercial Real Estate Salaries

Experienced
up arrow 32%

Mid-Career
up arrow 18%

Late-Career
up arrow 9%

National Average
$70,000

Entry-Level
up arrow 23%

Skills That Affect Underwriter, Commercial Real Estate Salaries

Real Estate
up arrow 37%



National Average
$70,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
3%
1-4 years
41%
5-9 years
24%
10-19 years
22%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 87%
vision benefits Vision: 68% employee benefits None: 4%