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Last updated: October 31, 2024
New Home Salesperson Salary
in Buffalo, Minnesota
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$76,168 (USD)
Average Salary
$37/hr
Average Hourly
$11,981
Average Bonus
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Last updated: October 31, 2024
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Salary Recap
The average pay for a New Home Salesperson is $76,168 a year and $37 an hour in Buffalo, Minnesota, United States. The average salary range for a New Home Salesperson is between $43,187 and $94,676. On average, a High School Degree is the highest level of education for a New Home Salesperson. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Buffalo, Minnesota.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$85,556
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Buffalo, Minnesota
Buffalo Cost of Living Score:
Description:
Buffalo is a city in the U.S. state of Minnesota and the county seat of Wright County. It is in the Minneapolis–Saint Paul metropolitan area, about 42 miles northwest of Minneapolis on Buffalo Lake. Buffalo's population was 15,453 at the 2010 census and 18,168 at the 2020 census.
Minnesota State Highways 25 and 55 are two of the main routes into the city.
Job Summary
Description:
- Works with builder to sell new homes to buyers.
- Understands the home building business and how to use consumer psychology and advanced techniques for greeting prospective clients, overcoming objections, closing the sale, and following up the sale with client.
- Interviews prospective clients and accompanies prospects to property sites.
- Shows homes under construction to describe and display construction features and quality of work, quotes purchase price, and discusses conditions of sale.
- Reviews plans and specifications for custom-built homes with client and architect to clarify costs and construction details in preliminary negotiations for contract.
- Recommends construction features and available decorating options, such as cabinet installations, to aid client in formulating plans.
- Answers questions regarding work under construction.
New Home Salesperson Job Listings for
No listings found
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Salary Recap
The average pay for a New Home Salesperson is $76,168 a year and $37 an hour in Buffalo, Minnesota, United States. The average salary range for a New Home Salesperson is between $43,187 and $94,676. On average, a High School Degree is the highest level of education for a New Home Salesperson. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Buffalo, Minnesota.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
New Home Salesperson Job Prevalence in the United States
Job family: Real Estate Sales Agents
Job family population: 197,720
Estimated population of New Home Salesperson jobs: 88,017
Rate of error: 4.2%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Buffalo, Minnesota
Buffalo Cost of Living Score:
Description:
Buffalo is a city in the U.S. state of Minnesota and the county seat of Wright County. It is in the Minneapolis–Saint Paul metropolitan area, about 42 miles northwest of Minneapolis on Buffalo Lake. Buffalo's population was 15,453 at the 2010 census and 18,168 at the 2020 census.
Minnesota State Highways 25 and 55 are two of the main routes into the city.
Job Summary
Description:
- Works with builder to sell new homes to buyers.
- Understands the home building business and how to use consumer psychology and advanced techniques for greeting prospective clients, overcoming objections, closing the sale, and following up the sale with client.
- Interviews prospective clients and accompanies prospects to property sites.
- Shows homes under construction to describe and display construction features and quality of work, quotes purchase price, and discusses conditions of sale.
- Reviews plans and specifications for custom-built homes with client and architect to clarify costs and construction details in preliminary negotiations for contract.
- Recommends construction features and available decorating options, such as cabinet installations, to aid client in formulating plans.
- Answers questions regarding work under construction.
New Home Salesperson Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More