How much does a Real Estate Broker make?

Updated Sep 15, 2022

Experience

Industry

$119,010 / yrTotal Pay
$82,069 / yrBase Pay
$36,941 / yrAdditional Pay

$119,010

 / yr
$69K$209K
Most Likely Range
Possible Range

The estimated total pay for a Real Estate Broker is $119,010 per year in the United States area, with an average salary of $82,069 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $36,941 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate does $119,010 look to you?

Your input helps Glassdoor refine our pay estimates over time.

Top Paying Companies

For a Real Estate Broker in United States

Below is the total pay for the top 10 highest paying companies for a Real Estate Broker in United States. Employers include Redfin, Marcus & Millichap and Berkshire Hathaway.

1
Redfin
Redfin
$250,704/yr
262 open jobs
See pay for all companies for a Real Estate Broker in United StatesView data as table

What are total pay estimates for a Real Estate Broker at different companies?

or
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Company
Jobs
Total Pay Range
Keller Williams
4.3
Real Estate BrokerSee 97 salaries from all locations

$216,994

 / yr

$217,910

 / yr

$157,958

 / yr

$226,789

 / yr

$226,178

 / yr

$194,401

 / yr

$161,043

 / yr

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$213,533

 / yr

$204,761

 / yr

$215,289

 / yr

$203,320

 / yr

$206,477

 / yr

$124,271

 / yr

$238,161

 / yr

$250,704

 / yr

$238,196

 / yr

$245,777

 / yr

$228,050

 / yr

$184,138

 / yr

$222,993

 / yr
Download as data table
Viewing 1 - 20 of 760

Top Paying Industries

For a Real Estate Broker in United States

The top 3 paying industries for a Real Estate Broker in United States are Real Estate with a median total pay of $209,241, Information Technology with a median total pay of $201,889 and Media & Communication with a median total pay of $124,271.

IndustryTotal PayTotal Pay Insight
  • Real EstateReal Estate$209,241

    0% Lower than other industries

  • Information TechnologyInformation Technology$201,889

    3% Lower than other industries

  • Media & CommunicationMedia & Communication$124,271

    68% Lower than other industries

Real Estate

Top paying companies in Real Estate for Real Estate Broker are Redfin, Marcus & Millichap, and Berkshire Hathaway.

RedfinRedfin$250,704/yr

Glassdoor Economist Pay Overview

What is the pay outlook for Sales?

Sales roles are an important part of any business and are likely to grow as the economy expands. Compensation for sales workers often includes commissions, giving high-performing workers the opportunity to earn more. Specialized roles like technical sales also offer the opportunity to earn a higher salary for workers with technical skills. Customer service and communication skills are universally valuable, giving salespeople flexibility to work across companies and industries.

Recent Salaries Shared

For real estate broker

Salary Share
Anonymously share your pay to help the community

Job Title

Location

Total Pay

Base Pay | Additional Pay

Total Years of Experience

Years at Recent Employer

Submitted

Date or Time

Housing Specialist

United States of America

 | 4-6 years

$31

/hr

Submitted Yesterday

4-6 years
Yesterday
Housing Specialist

United States of America

 | 1-3 years

$26

/hr

Submitted Yesterday

1-3 years
Yesterday
Real Estate Broker

United States of America

 | 15+ years

$80,000

/yr

Submitted Yesterday

15+ years
Yesterday
Commercial Real Estate Broker

United States of America

 | 1-3 years

$70,000

/yr

$50K | $20K

Submitted 2 days ago

1-3 years
2 days ago
Real Estate Broker

United States of America

 | 15+ years

$30,000

/yr

Submitted 2 days ago

15+ years
2 days ago
Real Estate Broker

United States of America

 | 4-6 years

$100,000

/yr

Submitted 2 days ago

4-6 years
2 days ago
Housing Specialist

United States of America

 | 7-9 years

$33,000

/yr

Submitted 2 days ago

7-9 years
2 days ago
Licensed Real Estate Salesperson

United States of America

 | 1-3 years

$85,000

/yr

Submitted 2 days ago

1-3 years
2 days ago

Real Estate Broker pay FAQ

The national average salary for a Real Estate Broker is $82,069 per year in United States. Filter by location to see a Real Estate Broker salaries in your area. Salaries estimates are based on 1443 salaries submitted anonymously to Glassdoor by a Real Estate Broker employees.

The highest salary for a Real Estate Broker in United States is $141,835 per year.

The lowest salary for a Real Estate Broker in United States is $47,600 per year.

If you are thinking of becoming a Real Estate Broker or planning the next step in your career, find details about the role, the career path and salary trajectory of a Real Estate Broker.

Glassdoor ratings reveal that around 76% of real estate brokers feel satisfied with their salary. Real estate brokers with 2 to 3 years of industry experience, a bachelor's degree in a related subject, and various professional certifications may earn a higher than average salary.

Join thousands of real professionals anonymously talking about salaries in their industry

Real estate broker salaries vary depending on various factors, such as experience, education, and the type of real estate specialized in. However, they can expect to receive between $209,437.14 and $69,025.73, with an average $82,068.70, if they follow the typical career path of a real estate broker. Additional pay is common in this industry, helping real estate brokers to reach a total pay of $119,009.87.

Learn more about negotiating salaries from thousands of other real professionals

Would you like to earn more from your career as a real estate broker? There are a few things you can do to increase your chances of a good salary. Consider getting a bachelor's degree in business, finance, or a related subject, as well as taking any professional courses and certifications available to you. If you specialize in residential transactions, try doing the 60/30/30 or Pro program. You could also earn a certification to specialize in high-value transactions, becoming a Certified Luxury Home Marketing Specialist or a Resort and Second-Home Specialist. Keep an up-to-date portfolio of every home or building you successfully sell to impress future employers.

It's important to know how to negotiate a higher salary as a real estate broker. If you're applying for [real estate broker jobs](https://www.glassdoor.com/Job/real-estate-broker-jobs-SRCH_KO0,18.htm), read the top interview questions and rehearse your answers. You should also have a figure in mind for your salary, and be ready to ask for 5 to 10% more than the listed salary. If you're negotiating for a higher salary in your current job, make a list of all the experience, successes, and training you've undertaken in your role. These will be convincing arguments in the negotiation. Look at what new hires make, and what comparable jobs pay, to work out what you should be earning.