Real Estate Agent Salary

A Real Estate Agent earns an average salary of $45,737 per year. Most people with this job move on to other positions after 20 years in this career.

$24,449 - $109,127
$24K
$48K
$110K
MEDIAN: $47,797
10%
50%
90%

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$10.17 - $35.17
$10
$19
$35
MEDIAN: $19.19
10%
50%
90%

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$0$151K
Salary $24,449 - $109,127
Bonus $18.00 - $15,564
Profit Sharing $1,007 - $44,698
Commission $964 - $151,544
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).
)
$25,105 - $115,552
  • Country: United States
  • Currency: USD
  • Updated: 12 Oct 2017
  • Individuals Reporting: 476
Hourly Data $0$51
Hourly Rate $10.17 - $35.17
Hourly Tips $0.75
Overtime $10.07 - $51.65
Annual Data $0$151K
Bonus $18.00 - $15,564
Commission $964 - $151,544
Profit Sharing $1,007 - $44,698
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).
)
$25,105 - $115,552
  • Country: United States
  • Currency: USD
  • Updated: 12 Oct 2017
  • Individuals Reporting: 69

Job Description for Real Estate Agent

Real estate agents work with clients in order to facilitate the sale and purchase of property and houses. Real estate agents review property value and similar sale prices in an area to determine reasonable prices for selling and buying property. Not every deal is cut and dry though, and at times real estate agents will have to work through lengthy negotiations in order to satisfy all parties involved in the transfer of property. It is in the best interest for a real estate agent to earn as much money for a sale or purchase as possible, as they often work on commission based on the final sale price of a property.

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Real Estate Agent Tasks

  • Facilitate the sale and purchase of properties by working with sellers, buyers, and intermediaries.
  • Document all interactions and negotiations, including legal documents.
  • Build and develop relationships with clients online and in person.
  • Negotiate with involved parties to reach agreement and transfer properties.

Common Career Paths for Real Estate Agent


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Real Estate Agent Job Listings

Popular Skills for Real Estate Agent

Pay by Experience Level for Real Estate Agent

Pay by Experience for a Real Estate Agent has a positive trend. An entry-level Real Estate Agent with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 399 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Agent with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $60,000 based on 86 salaries. An experienced Real Estate Agent which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $62,000 based on 64 salaries. A Real Estate Agent with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $75,000 based on 22 salaries.

Pay Difference by Location

National Average: $48,901

Larger city markers indicate a job is popular in that location.

Real Estate Agent Reviews

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

Real Estate Agent in Albany:
"Amazing."
Pros: The ownership is amazing. The education is amazing. The comp plan is awesome.
Cons: It is not all my own money!

Related Job Salaries

Key Stats for Real Estate Agent

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
Less than 1 year
15%
1-4 years
55%
5-9 years
13%
10-19 years
12%
20 years or more
4%

Experience Affects Real Estate Agent Salaries

Late-Career
▲53%

Experienced
▲26%

Mid-Career
▲23%

National Average
$49,000

▼10%

Skills That Affect Real Estate Agent Salaries

National Average
$49,000

▼7%

Oral / Verbal Communication
▼20%

Customer Service
▼21%

Customer Relationship Management (CRM)
▼21%

Social Media Marketing
▼28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
48 %
Male
52 %

Years of Experience

Less than 1 year
15%
1-4 years
55%
5-9 years
13%
10-19 years
12%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 34%
dental benefits
Dental: 23%
vision benefits
Vision: 22%
no benefits
None: 63%