Average Real Estate Broker Salary

$65,978
Avg. Base Salary (USD)
10%
$28k
MEDIAN
$66k
90%
$121k

The average salary for a Real Estate Broker is $65,978 in 2023

Base Salary
$28k - $121k
Bonus
$1k - $50k
Profit Sharing
$12k - $49k
Commission
$11k - $182k
Total Pay
$37k - $167k
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What Do Real Estate Brokers Do?

Real Estate Broker Tasks
  • Work with sellers and documentation to create accurate listings.
  • Connect sellers and buyers, conduct market research and reach price agreements to close sales.
  • Identify and meet buyers, building long-term relationships.
  • Visit properties and assess potential, current value and to set prices.
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How do Real Estate Brokers Rate Their Jobs?

4.3 out of 5
(26)
Highly Satisfied
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FAQs About Real Estate Brokers

What is the highest pay for Real Estate Brokers?

Our data indicates that the highest pay for a Real Estate Broker is $121k / year

What is the lowest pay for Real Estate Brokers?

Our data indicates that the lowest pay for a Real Estate Broker is $28k / year

How can Real Estate Brokers increase their salary?

Increasing your pay as a Real Estate Broker 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 Broker that oversees more junior Real Estate Brokers, this experience can increase the likelihood to earn more.