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Real Estate Broker Salary

$80,377 (USD)

Average Salary

$39/hr

Average Hourly

$15,762

Average Bonus

Last updated: November 19, 2019

The average pay for a Real Estate Broker is $80,377 a year and $39 an hour in the United States. The average salary range for a Real Estate Broker is between $45,464 and $102,212. On average, a Bachelor's Degree is the highest level of education for a Real Estate Broker. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

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.

Average Salary Chart

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Description:
  • Buys and sells residential and commercial properties, or rents properties, and arranges loans, through a self-owned real estate business.
  • Operates a real estate office, overseeing Real Estate Agents and transactions.
  • Generates leads through canvassing, door-knocking, mailings, e-mail blasts, compilation of data bases, cold-calling, and/or participating in community organizations.
  • Generate lists of properties for sale, their locations and descriptions, and available financing options.
Real Estate Broker Job Prevalence in the United States

Job family: Real Estate Brokers

Job family population: 40,320

Estimated population of Real Estate Broker jobs: 20,337

Rate of error: 3.3%

Estimated salary in 2024:
$93,179
5 Year Change:
16 %
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About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Real Estate Broker Job Listings for United States

Real Estate Broker Assistant (Commercial)
Nov 8
Portland, OR, USA
Real Estate Investment Group
Real Estate Investment Group is a full service commercial real estate brokerage company founded in 1980 in Portland Oregon. We are a fun and energetic Brokerage specializing in sales, leasing ...
Commercial Real Estate Broker - San Antonio
Nov 8
San Antonio, United States
NAI Partners
... brokers get into the business to invest in real estate; we encourage you to do just that - either independently or with NAI Partners' own Investment Fund Dedicated Support Structure - We provide ...
Commerical Real Estate Broker - Job ID BMID27100168 - Philadelphia
Nov 9
Philadelphia, United States
Sands Investment Group
Sands Investment Group (SIG), one of the nation''s fastest growing real estate firms as named by RE Forum (2015 & 2016), is now seeking highly motivated Brokers to join our dynamic and collaborative ...
Residential Real Estate Broker - Raleigh
Oct 28
Raleigh, United States
Linda Craft & Team, REALTORS
Are you an experienced North Carolina Residential Real Estate Broker? Would you like to work in a positive team environment, with no desk fees and where most incomes exceed 100,000? We have ...
Associate Commercial Real Estate Broker - Office Tenant Rep - Houston
Nov 9
Houston, United States
NAI Partners
The position is designed for someone who wants a career in commercial real estate and would like to transition into a full-time deal-making brokerage role in the future. What makes NAI Partners ...

The average pay for a Real Estate Broker is $80,377 a year and $39 an hour in the United States. The average salary range for a Real Estate Broker is between $45,464 and $102,212. On average, a Bachelor's Degree is the highest level of education for a Real Estate Broker. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

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.

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Real Estate Broker
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Real Estate Broker Assistant (Commercial)
Nov 8
Portland, OR, USA
Real Estate Investment Group
Real Estate Investment Group is a full service commercial real estate brokerage company founded in 1980 in Portland Oregon. We are a fun and energetic Brokerage specializing in sales, leasing ...
Commercial Real Estate Broker - San Antonio
Nov 8
San Antonio, United States
NAI Partners
... brokers get into the business to invest in real estate; we encourage you to do just that - either independently or with NAI Partners' own Investment Fund Dedicated Support Structure - We provide ...
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View our most popular salary searches and other resources