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Underwriter, Commercial Real Estate Salary (United States)

Commissions comprise a big part of overall income for Commercial Real Estate Underwriters. The median take-home amount in this area is around $68K, and on average, roughly one-half of that final number comes from commissions. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a large number earn dental coverage. More than half of Commercial Real Estate Underwriters (63 percent) survey respondents are men. Most workers in this position report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Underwriter, Commercial Real Estate Salary (?
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.
)
$40,475 - $95,569
(Median)
40K
49K
64K
84K
96K
MEDIAN: $63,937
10%
25%
50%
75%
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
$40,475 - $95,569  
   
Bonus
$0.00 - $20,542  
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).
)
$40,638 - $111,242  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 186
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Popular Skills for Underwriter, Commercial Real Estate

Professional skills reported by Commercial Real Estate Underwriters are few in number. Most notably, facility with Real Estate, Financial Analysis, and Loan Underwriting are correlated to pay that is significantly above average, leading to increases of 41 percent, 10 percent, and 8 percent, respectively. Most people skilled in Financial Analysis are similarly competent in Real Estate.

Pay by Experience Level for Underwriter, Commercial Real Estate

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Respondents with less than five years' experience take home $54K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $82K. Commercial Real Estate Underwriters claiming one to two decades of experience make an estimated median of $92K. Survey participants with more than twenty years of experience only make around $87K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference By Location

Los Angeles
up arrow 32%
National Average
$68,000
Dallas
up arrow 6%
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 32 percent, Commercial Real Estate Underwriters in Los Angeles receive some of the highest pay in the country. In Dallas, salaries are 6 percent below the national average and represent the lowest-paying market.

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Experience Affects Underwriter, Commercial Real Estate Salaries

Experienced
up arrow 35%
Late-Career
up arrow 27%
Mid-Career
up arrow 21%
National Average
$68,000
Entry-Level
up arrow 22%

Skills That Affect Underwriter, Commercial Real Estate Salaries

Real Estate
up arrow 41%
National Average
$68,000

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 34 votes.

Gender

Female
37%
female alumni
 
Male
63%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
40%
5-9 years
26%
10-19 years
22%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 89%
vision benefits Vision: 72% employee benefits None: 4%