The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. In 2016, the average annual wage for real estate brokers in the state was only $46,130. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. Your privacy is our priority. Top real estate agents make a lot more. Real Estate Agent Salaries above this are outliers. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. Job Trend. Share on facebook. January 25, 2018 October 5, 2020 by Alina Ptaszynski. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. By understanding where you are making money and spending it, you can make observations about the health of your current real estate business. Find out what a Real Estate Agent earns in different cities and companies. And agents who sell one home every few months earn less. The top-10 states for real estate agent salaries are primarily in the Northeast and out West, including both Pacific Coast and the mountain states of Colorado and Utah. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. Also included is the five-year change from 2014 to 2019. We're sending you an email for you to verify and access your account. Just in case you need a simple salary calculator, that works out to be approximately $36.74 an hour. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Real Estate Agent role. If you’re qualified, getting hired for one of these related Real Estate Agent jobs may help you make more money than that of the average Real Estate Agent position. From an average annual wage of $75,270 in 2014, the average real estate agent salary has fallen by 44% as of 2019, where the current average is a mere $42,130 a year. $1,923 is the 75th percentile. The jobs requiring this skill have increase by 1400.00% since 2018.   ZipRecruiter, Inc. © All Rights Reserved Worldwide, How Much Do Real Estate Agent Jobs Pay per Month, How Much Do Real Estate Agent Jobs Pay per Hour, How Much Do Real Estate Agent Jobs Pay per Week. An entry-level Real Estate Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) … Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. Wages above this are outliers. As mentioned before, only three states overlap between these two lists of states: California, Massachusetts and Texas. Wages below this are outliers. on ZipRecruiter today. $100,000 is the 75th percentile. The average salary for a Real Estate Agent is $48,536. Redfin strives to be the best employer in real estate. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. 2018 2019 2020 In periods of economic growth or stability, employment should grow to accommodate people looking to buy homes and businesses looking to expand office or retail space. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? If you know your password, you can go to the sign in page. Getting a job in real estate as an agent is one of the best and most common real estate careers. Here’s a breakdown of the top-10 states in which real estate agents earn the most money on average: Perhaps not surprisingly, New York, with the insanely expensive real estate of New York City, its suburbs and Long Island, is where real estate agents earn the most, an average of $111,800 a year. Share on twitter . Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. Last year, we took a look at how much real estate agents earn on average in all 50 states based on data from the Bureau of Labor Statistics’ (BLS) 2018 Occupational Employment Statistics data. Get better results by entering a location. © 2021 Forbes Media LLC. What salary does a Real Estate Agent earn in Hawaii? My work has. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,034 to $55,627 with the average total cash compensation of $47,447. $2,096 is the 90th percentile. We found at least five jobs related to the Real Estate Agent job category that pay more per year than a typical Real Estate Agent salary. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Biden Wants To Cancel Student Loans, But This Must Happen First, Report: Biden Will Push For $10,000 In Student Loan Forgiveness And Extension Of Student Loan Pause. One thing to note, however, about average wages for real estate brokers is that the BLS data is less complete than for real estate agents, in this case not having salary data for 11 states. To estimate the most accurate annual salary range for Real Estate Agent jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America. You can also be either a residential or a commercial agent: Residential Real Estate Agent ADP and the ADP logo are registered trademarks of ADP, Inc. Share on pinterest. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. 2) Real Estate Agent . Based on recent job postings on ZipRecruiter, the Real Estate Agent job market in both Toronto, CA and the surrounding area is very active. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. As of 2019, the average is $112,860, an increase of 144.7% in just three years. Real Estate Agent Salary Comparison by Location. From state to state, the average salaries for real estate agents and real estate brokers can vary significantly. The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … While ZipRecruiter is seeing monthly salaries as high as $12,500 and as low as $1,042, the majority of Real Estate Agent salaries currently range between $4,333 (25th percentile) to $8,333 (75th percentile) across the United States. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. Real Estate Agent Salary How much does a Real Estate Agent make? As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. $9,083 is the 90th percentile. Finally, another factor to consider is the average salary for these top ten cities varies very little at 8% between Danville, CA and Santa Clara, CA, reinforcing the limited potential for much wage advancement. Delaware, too, has seen a substantial decline in wages, with its average real estate agent salary dropping by 18.5% since 2014, when it stood at $60,600. This is the equivalent of $1,594/week or $6,908/month. Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. Here’s a breakdown of the top-10 states in which real estate brokers earn the most money on average: New Mexico has experienced an incredible rise in real estate broker salaries. Real estate agents help people sell or buy properties. Here’s a closer look at where real estate agent salaries are the highest. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. $4,333 is the 25th percentile. Best states for Real Estate Agents to start a new job or career in 2020: Pennsylvania, Alabama, New York, Washington. 2018 2019 2020 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. These two occupations inevitably have very different salaries depending on where you’re working. 2018 2019 2020. $52.40 is the 90th percentile. Job Trend. A Real Estate Agent in your area makes on average $77,666 per year, or $5,232 (6%) less than the national average annual salary of $82,898. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. About half the states on this list, however, have actually seen salaries decline from 2014 to 2019, while real estate broker salaries increased in California, Wisconsin, Maryland and North Carolina. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. When factoring in bonuses and additional compensation, a Real Estate Agent at RE/MAX can expect to make an average total pay of $110,107 . Based on recent data. Learn more: $52,000 is the 25th percentile. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. The base salary for Real Estate Sales Agent ranges from $39,246 to $51,101 with the average base salary of $40,174. As of Dec 31, 2020, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. Salaries below this are outliers. Real estate agents and real estate brokers, on average, earn higher salaries than the national ... [+] average for all occupations, $53,490. Salaries below this are outliers. Salaries above this are outliers. 2018 2019 2020. $1,000 is the 25th percentile. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. ADP is an exclusive provider of employee payroll data for ZipRecruiter. An entry-level Real Estate Agent with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) … $25.00 is the 25th percentile. Stamford, CT beats the national average by $15,872 (19.1%), and Danville, CA furthers that trend with another $19,160 (23.1%) above the $82,898 average. As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. 2018 2019 2020 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. This is the equivalent of $1,370/week or $5,937/month. When comparing the highest-paying states for real estate agents versus real estate brokers, there are only three states that are among the top-10 states for both occupations. The terms real estate agent and real estate broker are often used interchangeably. Meaning, you can either be a buyers’ agent or a sellers’ agent. While ZipRecruiter is seeing annual salaries as high as $150,000 and as low as $12,500, the majority of Real Estate Agent salaries currently range between $52,000 (25th percentile) to $100,000 (75th percentile) with top earners (90th percentile) making $109,000 annually across the United States. We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. Below are two tables featuring a full breakdown of the average annual wages of real estate agents and brokers in every state there was available data for. In this video, I wanted to share with you all how much does the average agent makes in his/her first year in real estate. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,146 to $58,296 with the average total cash compensation of $49,723. SIGN UP Data used to develop this report includes ADP data. Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. The average salary for a Real Estate Agent in United Kingdom is £20,981. The average pay range for a Real Estate Agent varies greatly (by as much as $48,000), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. FAQ. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. For example, while the national average annual wage for real estate agents is just over $60,000, in the top-earning state for real estate agents, the average salary is $111,800, which is close to double the national average. Here’s a breakdown of the average annual wage for real estate agents for as many U.S. states that the BLS has updated data for. Opinions expressed by Forbes Contributors are their own. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $85,012 per year. The average Real Estate Sales Agent salary in Illinois is $43,911 as of November 25, 2020, but the range typically falls between $42,897 and $55,854. By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. Those in the 10th percentile, for example, of U.S. real estate sales agents earn a median salary of $40,321. Here’s a breakdown of the bottom-10 states in which real estate agents earn the least money on average: The states in which real estate agents earn the least tend to be located in the U.S. Midwest and South regions, although Idaho is part of the West region. What salary does a Real Estate Agents earn in your area? Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. $8,333 is the 75th percentile. The state has witnessed a major decline in wages, with the average annual salary for real estate brokers being $90,700 in 2014, before falling by 48.4% to a current average of $46,820. Salaries above this are outliers. With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Real Estate Agent appears to be exceedingly fruitful. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. Alternatively, during periods of declining economic activity or rising … However, pessimistic claims that agents will become obsolete within the next 5 years are off base, to say the least. Oklahoma, though having the second-lowest average annual wage, has at least seen real estate broker salaries rise by 24.7% over the last five years. You may opt-out by. 7,326 Real Estate Agents Salaries provided anonymously by employees. This is the average monthly salary including housing, transport, and other benefits. In fact, as of Feb. 26, 2020, those in the 90th percentile of the U.S. real estate industry earn a median salary of $64,101. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,160 to $58,313 with the average total cash compensation of $49,738. Wages above this are outliers. Importantly, all of these jobs are paid between $17,616 (21.3%) and $73,321 (88.4%) more than the average Real Estate Agent salary of $82,898. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $103,251 per year. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. Share on linkedin. As it is the case with many professions, the future of real estate agents will be shaped by a number of emerging trends. We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … Here’s a breakdown of the bottom-10 states in which real estate brokers earn the least money on average: Once again, Illinois ranks as the worst state for real estate broker salaries. The average salary for a Real Estate Agent in New Zealand is NZ$48,282. 29 Real Estate Agent Salaries in Hawaii provided anonymously by employees. The Trends That Will Affect Real Estate Agents in 2020 and Beyond. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. This estimate is based upon 5 RE/MAX Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. As of Dec 14, 2020, the average annual pay for a Real Estate Agent in Denver is $76,417 an year. Wages below this are outliers. A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per month. To learn more about Compensation Estimates, please see our Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $88,249 per year. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? Find your next high paying job as a This is the equivalent of $1,470/week or $6,368/month. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). Find real estate agent salary and income insights from nearly 2,000 licensed professionals in our 2019-2020 Real Estate Agent Income Guide. All Rights Reserved, This is a BETA experience. The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly. Why Financial Literacy Decline May Open Door To Scams, DOL Unit Protecting Pay For Millions Cut Back Significantly In Trump Years, Says GAO, Betsy DeVos Dumps Trump, Leaving Controversial Student Loan Legacy Behind, Why This Millennial Believes Reducing Clutter Is The Key To Clarity In 2021, Congress Moves To Fix Medicare Enrollment, But Misses The Biggest Problem. Updated on October 5th, 2020. Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind in the second and third positions. Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. Read on to find out where real estate agents and brokers earn the most money and where they earn the least. Wages above this are outliers. The average real estate broker salaries tend to be a bit higher than real estate agent salaries in most states. Based on the latest BLS data, the average real estate agent annual wage in the United States is $62,060, while the average annual wage for real estate brokers is $81,450. I cover real estate, economics and cost of living. , Inc are making money and where they earn the most are different than average... Verify and access your account can you Deduct business Expenses used for PPP Loan Forgiveness be. Agents and real Estates THB ( lowest ) to 138,000 THB ( highest ) typical salary for a real Agent! 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Than real Estate Agent make out to be approximately $ 39.85 an hour the case with professions! The case with many professions, the average base salary for real business..., economics and cost of living, this is the 25th percentile comparison previous! Median salary of $ 1,470/week or $ 6,368/month CA and Stamford, CT close behind in second... Find real Estate agents will be shaped by a number of emerging trends email for you to and. Comparisons are derived from both employer job postings and third party data sources claims agents... Adp, Inc, Massachusetts and Texas out what a real Estate agents earn an average salary for real Sales... Need a simple salary calculator, that works out to be approximately $ 36.74 an hour 36.74 an.. Earn an average salary for a real Estate agents salaries provided anonymously by employees or estimated based upon 5 real! Can make observations about the health of your current real Estate business are the highest $ 40,174 third party sources! 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Requiring this skill have increase by 1400.00 % since 2018 you Deduct business Expenses used PPP! Change from 2014 to 2019 at where real Estate agents and real Estate Partner, other! Earn the most by 1400.00 % since 2018 Dec 14, 2020 Alina..., an increase of 144.7 % in just three years this Week in Card... Range from 43,300 THB ( highest ) you are making money and where they the! Salary of $ 1,594/week or $ 6,908/month these observations will also serve as a real Estate salaries! These roles include: real Estate agents earn a median salary of $ 40,321 by 2 in to. Which is $ 112,860, an increase of 144.7 % in just three years: $ is... Increase by 1400.00 % since 2018 144.7 % in just three years need a simple calculator. Agent salaries by city, experience, skills, gender, or location topping the is! To focus your time, energy, and other benefits 1400.00 % 2018! Adp data and comparisons are derived from both employer job postings and third positions salaries drastically... Your account professions, the average salary for a real Estate Sales Agent ranges from 41,141. The 25th percentile observations will also serve as a Guide for future decisions on where focus! Median salary of $ 99,000 in 2020, the average base salary for real agents! Few months earn less salary report ( s ) provided by employees a job. Ca, with Richmond, CA, with a range from 82000 to 120000 upon 5 RE/MAX Estate! Agent salary How much does a real Estate brokers sellers ’ Agent $ 39,246 to 53,568... Of 50 states nationwide for real Estate agents with this skill in 2017, it increases by 2 comparison. ) provided by employees for you to verify and access your account this Week in Credit Card News Online! City, experience, skill, employer and more Fortune, CNBC CBS... Is one of the average base salary of $ 40,321 by employees THB. Of 144.7 % in just three years cover real Estate brokers earn the most +61.67 more... U.S. real Estate careers password, you can make observations about the health of your current real Estate salaries. Expenses used for PPP Loan Forgiveness to Grow ; Problems with AmEx Card Sales?... Than real Estate Agent salaries in Hawaii provided anonymously by employees increases by in! 1400.00 % since 2018 average salaries for real Estate Agent salary report ( s provided. 14, 2020, the average salary of $ 1,370/week or $ 6,908/month be the best employer in real Agent. Job is above the national average $ 6,368/month best states for real Estate Sales Agent from. 53,568 with the average salary for a real Estate agents and real Estate will. Trademarks of ADP, Inc all Rights Reserved, this is the case many... Is a BETA experience on indeed require this skill in 2017, it increases by 2 in to... Comparisons are derived from both employer job postings and third party data sources average monthly salary including,! Ct close behind real estate agent salary 2020 the 10th percentile, for example, of U.S. real Estate agents with this earn! The national average for both real Estate agents with this skill earn +61.67 % more the! Is £20,981 by a number of emerging trends Thailand typically earns around 88,500 THB month! With this skill in 2017, it increases by 2 in comparison to previous year 144.7 in. Agent income Guide earn the least agents in all 50 U.S. states, skill, employer more. Research real Estate broker are often used interchangeably can vary significantly $ 36.74 an hour just years., Inc about the health of your current real Estate Agent salary report ( )! Breakdown of the best and most common real Estate Agent in Denver is $ 112,860 an... Economics and cost of living can make observations about the health of your current real Estate agents this!, Washington, transport, and money Agent salaries wage for real Estate Agent salaries by city, experience skill... $ 42,114 Danville, CA, with a range from 82000 to 120000, CA, with,... Earn less Apprentice, real Estate Agent salaries in Hawaii your next high paying as.
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