Commercial Real Estate Broker Salary

A Commercial Real Estate Broker earns an average salary of $64,501 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

$34,857 - $192,703
$35K
$63K
$190K
MEDIAN: $63,054
10%
50%
90%

Add this chart to your site: 640px    300px

$0$197K
Salary $34,857 - $192,703
Bonus $1,468 - $40,851
Commission $20,347
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).
)
$34,888 - $197,737
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 33

Find Out Exactly What You Should Be Paid

United States (change)

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.

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.

Commercial Real Estate Broker Job Listings

Pay by Experience Level for Commercial Real Estate Broker

Pay by Experience for a Commercial Real Estate Broker has a positive trend. An entry-level Commercial Real Estate Broker with less than 5 years of experience can expect to earn an average total compensation of $63,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial 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 $105,000 based on 9 salaries. An experienced Commercial Real Estate Broker which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $150,000 based on 10 salaries. A Commercial 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 $120,000 based on 7 salaries.

Commercial Real Estate Broker Advice

Q: What is it like working as a Commercial Real Estate Broker?

Commercial Real Estate Broker in Melville:
"Being honest, fair, respectful and empathetic."
Being always honest, fair, truthful, respectful and empathetic is a sure path to success.

Related Job Salaries

Key Stats for Commercial Real Estate Broker

Gender

Female
11 %
Male
89 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
12%
1-4 years
38%
5-9 years
18%
10-19 years
21%
20 years or more
12%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commercial Real Estate Broker Salaries

Experienced
▲76%

Late-Career
▲41%

Mid-Career
▲24%

National Average
$85,000

Entry-Level
▼26%

Skills That Affect Commercial Real Estate Broker Salaries

Contract Negotiation
▲9%

National Average
$85,000

Sales
▼34%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
11 %
Male
89 %

Years of Experience

Less than 1 year
12%
1-4 years
38%
5-9 years
18%
10-19 years
21%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 61%
dental benefits
Dental: 52%
vision benefits
Vision: 52%
no benefits
None: 39%
ADVERTISEMENT