Avg. Base Salary (USD)
The average salary for a Real Estate Agent is $59,630
What is the Pay by Experience Level for Real Estate Agents?
An early career Real Estate Agent with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $44,480 based on 14 salaries. A mid-career Real Estate Agent with 5-9 years of experience earns an average total compensation of $67,315 based on 5 salaries. An experienced Real Estate …Read more
What Do Real Estate Agents Do?
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 …Read more
- 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.
FAQs About Real Estate Agents
What is the highest pay for Real Estate Agents in New York?
Our data indicates that the highest pay for a Real Estate Agent in New York is $154k / year
What is the lowest pay for Real Estate Agents in New York?
Our data indicates that the lowest pay for a Real Estate Agent in New York is $15k / year
How can Real Estate Agents increase their salary?
Increasing your pay as a Real Estate Agent is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Real Estate Agent that oversees more junior Real Estate Agents, this experience can increase the likelihood to earn more.