Avg. Base Salary (USD)
The average salary for a Realtor is $54,045 in 2023
What is the Pay by Experience Level for Realtors?
An early career Realtor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $45,000 based on 10 salaries. A mid-career Realtor with 5-9 years of experience earns an average total compensation of $61,500 based on 5 salaries.
What Do Realtors Do?
A realtor is a person who helps people buy and sell houses. Typically a realtor will work most closely with persons who are attempting the steps required in selling a house or similar property. However, people who are relocating to an area or looking to move into a new home may also engage a realtor to assist them in their search. In many instances, the realtor acts as a representative in the interests of the buying or selling client they represent. The realtor gets the best sale price …Read more
- Develop strong relationships with clients, identifying needs, preferences and goals.
- View properties, advise about prices and hold open houses.
- Advertise, network and increase awareness of properties and brand.
- Counsel clients about prices, financing, legal options and expectations.
- Create, review, edit and update contracts, agreements, leases, deeds and other paperwork.
FAQs About Realtors
What is the highest pay for Realtors?
Our data indicates that the highest pay for a Realtor is $149k / year
What is the lowest pay for Realtors?
Our data indicates that the lowest pay for a Realtor is $12k / year
How can Realtors increase their salary?
Increasing your pay as a Realtor 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 Realtor that oversees more junior Realtors, this experience can increase the likelihood to earn more.