A Real Estate Broker earns an average salary of C$61,327 per year.

C$29,981 - C$122,081
C$30K
C$65K
C$120K
MEDIAN: C$65,084
10%
50%
90%
C$19.44 - C$30.52
C$23
MEDIAN: C$22.50
50%
C$0C$131K
Salary C$29,981 - C$122,081
Bonus C$1,445 - C$39,732
Profit Sharing C$10,000
Commission C$32,164
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).
)
C$30,651 - C$131,833
  • Country: Canada
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 93
Hourly Data C$0C$30
Hourly Rate C$22.50
Overtime C$30.00
Annual Data C$0C$131K
Bonus C$1,445 - C$39,732
Commission C$32,164
Profit Sharing C$10,000
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).
)
C$30,651 - C$131,833
  • Country: United States
  • Currency: CAD
  • Updated: 20 Jan 2018
  • Individuals Reporting: 6

Job Description for Real Estate Broker

Real estate brokers are people who help others to sell or purchase property. Most of the time the property being sold or purchased is a house or empty land. The broker must understand the market value of each property under consideration. They should be able to assess the positive and negative aspects of each property and know how to advertise and negotiate a sale. They often work with financial institutions and help people obtain the loans that are needed to buy a property. They normally work on commission and earn a small percentage from each sale they complete.

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Real Estate Broker Tasks

  • Work with sellers and documentation to create accurate listings.
  • Connect sellers and buyers, conduct market research and reach price agreements to close sales.
  • Identify and meet buyers, building long-term relationships.
  • Visit properties and assess potential, current value and to set prices.

Real Estate Broker Job Listings

Pay by Experience Level for Real Estate Broker

Pay by Experience for a Real Estate Broker has a positive trend. An entry-level Real Estate Broker with less than 5 years of experience can expect to earn an average total compensation of C$55,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Broker with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$71,000 based on 12 salaries. An experienced Real Estate Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$75,000 based on 14 salaries. A Real Estate Broker with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$100,000 based on 5 salaries.

Key Stats for Real Estate Broker

Gender

Female
38 %
Male
63 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
2%
1-4 years
34%
5-9 years
15%
10-19 years
32%
20 years or more
16%

Experience Affects Real Estate Broker Salaries

Late-Career
▲44%

Experienced
▲8%

Mid-Career
▲2%

National Average
C$70,000

Entry-Level
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
38 %
Male
63 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
15%
10-19 years
32%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 44%
dental benefits
Dental: 41%
vision benefits
Vision: 33%
no benefits
None: 54%