The average salary for a Commercial Real Estate Broker is $61,300.
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$32k - $154k
$2k - $46k
$3k - $325k
$32k - $222k
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Job Description for Commercial Real Estate Broker
Commercial real estate brokers usually serve as leasing and sales agents for business properties, and an associate's or bachelor's degree and state-required real estate licensing are generally required for this position. Commercial real estate brokers should be confident and have strong communication skills to work well with clients. Because income is largely driven by commission, they should be self-motivated and able to pursue, obtain, and maintain clients. Organizational skills are also impo…Read more
Commercial Real Estate Broker Tasks
- Obtain and market new properties.
- Draw up and file leases and sales.
- Meet with clients and prospective clients, provide property tours.
- Negotiate lease and sales terms for properties.
Popular Employer Salaries for Commercial Real Estate Broker
Explore the most common career paths for Commercial Real Estate Broker. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Commercial Real Estate Broker
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Commercial Real Estate Broker Job Listings
Popular Skills for Commercial Real Estate Broker
Skills that pay less than market rate include Sales Management, Financial Analysis, Contract Negotiation, Sales and Real Estate.
Pay by Experience Level for Commercial Real Estate Broker
An entry-level Commercial Real Estate Broker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $41,116 based on 10 salaries. An early career Commercial Real Estate Broker with 1-4 years of experience earns an average total compensation of $60,287 based on 27 salaries. A mid-career Commercial Real Estate Broker with 5-9 years of experience earns an average total compensation of $77,419 based on 15 salaries. An experienced Commercial Real Estate Broker with 10-19 years of experience earns an average total compensation of $114,882 based on 16 salaries. In their late career (20 years and higher), employees earn an average total compensation of $175,000.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Commercial Real Estate Broker in their job title in New York, New York earn an average of 14.2% more than the national average. The lowest salaries can be found in Dallas, Texas (18.4% less) and Denver, Colorado (3.8% less).
Years of Experience
This data is based on 76 survey responses.
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