Real Estate Assistant Salary

Most Real Estate Assistants in the United States are women. The workforce as a whole earns a median of approximately $14.13 per hour. The most important factor affecting compensation for this group is geography, followed by the specific employer and tenure. For the most part, Real Estate Assistants enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to just under one-fifth, and one-tenth earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$24,233 - $53,623
$24K
$37K
$54K
MEDIAN: $37,175
10%
50%
90%

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$10.08 - $19.98
$10
$14
$20
MEDIAN: $14.21
10%
50%
90%

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$0$53K
Salary $24,233 - $53,623
Bonus $550 - $11,000
Profit Sharing $6,000
Commission $970 - $20,166
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).
)
$21,892 - $50,736
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 296
Hourly Data $0$30
Hourly Rate $10.08 - $19.98
Hourly Tips $2.40
Overtime $12.24 - $30.57
Annual Data $0$50K
Bonus $550 - $11,000
Commission $970 - $20,166
Profit Sharing $6,000
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).
)
$21,892 - $50,736
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 553

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Real Estate Assistant

A real estate assistant holds a position with duties similar to many other administrative positions in other industries. The real estate assistant is a mix of a realtor and a secretary, as they typically handle incoming telephone calls, client contacts, open-house scheduling, copy-making, and creation of clerical reports and spreadsheets, in addition to other supporting tasks. Property management may also be a key component of the real estate assistant's position, which includes making sure tenants pay rent, fulfilling work order requests, managing lease agreements, and filing eviction paperwork. Another main aspect of the real estate assistant's position is marketing available properties through methods such as posting brochures or advertisements online, creating open house events, scheduling tours of the properties, and handling any incoming queries from prospective clients.

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Real Estate Assistant Tasks

  • Direct marketing and research.
  • Perform abstract leases, create reports and update websites.
  • Perform general lease administration and file management.

Common Career Paths for Real Estate Assistant


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Real Estate Assistants might see a strong upturn in salary after transitioning into upper-level roles such as Property Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $42K per year.

Real Estate Assistant Job Listings

Popular Employer Salaries for Real Estate Assistant


Dominating the field, Keller Williams Realty, Inc., Re/Max Real Estate, Coldwell Banker, Windermere Real Estate, and Berkshire Hathaway Inc are top firms with a reputation for hiring a great number of Real Estate Assistants. Those at Berkshire Hathaway Inc can expect to make the most, with the company offering a median salary of $38K. Also paying near the top of the field are Windermere Real Estate at $36K, Keller Williams at $35K, and Re/Max Real Estate, where Real Estate Assistants annually earn $30K.

Though certain workers may see earnings of up to $63K, Coldwell Banker still falls short in the compensation department — the median pay is only $29K, the lowest in the field. Workers at Keller Williams Realty, Inc., Century 21, and Re/Max Real Estate also face smaller salaries than the rest of the field — average earnings for each of these employers come to $30K.

Popular Skills for Real Estate Assistant


Real Estate Assistants report using a deep pool of skills on the job. Most notably, skills in Customer Relations, Online Marketing, Administration, and Real Estate are correlated to pay that is above average. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Organizing and Bookkeeping also typically command lower compensation. Those familiar with Customer Service also tend to know Marketing Management.

Pay by Experience Level for Real Estate Assistant

Pay by Experience for a Real Estate Assistant has a positive trend. An entry-level Real Estate Assistant with less than 5 years of experience can expect to earn an average total compensation of $31,000 based on 606 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Real Estate Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $35,000 based on 216 salaries. An experienced Real Estate Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $36,000 based on 164 salaries. A Real Estate Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $36,000 based on 32 salaries.

Pay Difference by Location

National Average: $32,143

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

San Francisco offers some of the highest pay in the country for Real Estate Assistants, 87 percent above the national average. Real Estate Assistants can also look forward to large paychecks in cities like New York (+39 percent), Houston (+33 percent), Bellevue (+28 percent), and Los Angeles (+25 percent). Falling short of the national average by 14 percent, the area with the worst salaries is Tampa.

Real Estate Assistant Reviews

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

Real Estate Assistant in Beverly Hills:
"Intense."
Pros: Working with people, working under pressure.
Cons: Making mistakes.

Related Job Salaries

Key Stats for Real Estate Assistant

Gender

Female
90 %
Male
10 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.
Less than 1 year
10%
1-4 years
48%
5-9 years
19%
10-19 years
18%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Real Estate Assistant Salaries

▲13%

▲13%

▲8%

National Average
$32,000

▼4%

Skills That Affect Real Estate Assistant Salaries

Customer Relations
▲12%

Online Marketing
▲6%

▲1%

Administration
▲1%

Office Administration
▼0%

National Average
$32,000


Marketing Management
▼1%


Contract Management
▼7%

Marketing Communications
▼9%

Social Media Marketing
▼11%

Bookkeeping
▼17%

Organizing
▼19%

Microsoft Office
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
10%
1-4 years
48%
5-9 years
19%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 19%
dental benefits
Dental: 10%
vision benefits
Vision: 7%
no benefits
None: 80%
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