Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. $2,096 is the 90th 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. In 2016, the average annual wage for real estate brokers in the state was only $46,130. Real estate agents help people sell or buy properties. What salary does a Real Estate Agents earn in your area? 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. The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly. Wages above this are outliers. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $88,249 per 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. ADP and the ADP logo are registered trademarks of ADP, Inc. Redfin strives to be the best employer in real estate. 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. The average salary for a Real Estate Agent in New Zealand is NZ$48,282. I cover real estate, economics and cost of living. $100,000 is the 75th percentile. As mentioned before, only three states overlap between these two lists of states: California, Massachusetts and Texas. 2018 2019 2020 $4,333 is the 25th percentile. Those in the 10th percentile, for example, of U.S. real estate sales agents earn a median salary of $40,321. 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. FAQ. 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. Share on linkedin. And agents who sell one home every few months earn less. 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. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. This is the equivalent of $1,470/week or $6,368/month. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind in the second and third positions. 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. Based on recent data. Real Estate Agent Salary How much does a Real Estate Agent make? 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. Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. 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. Learn more: $52,000 is the 25th percentile. 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. My work has. Real Estate Agent 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 . The jobs requiring this skill have increase by 1400.00% since 2018. From state to state, the average salaries for real estate agents and real estate brokers can vary significantly. 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. $9,083 is the 90th percentile. Data used to develop this report includes ADP data. 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. Best states for Real Estate Agents to start a new job or career in 2020: Pennsylvania, Alabama, New York, Washington. Meaning, you can either be a buyers’ agent or a sellers’ agent. © 2021 Forbes Media LLC. 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. The Trends That Will Affect Real Estate Agents in 2020 and Beyond. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. 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. 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. Find out what a Real Estate Agent earns in different cities and companies. Share on twitter . 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. As of Dec 14, 2020, the average annual pay for a Real Estate Agent in Denver is $76,417 an year. 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. 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) … 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. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $85,012 per year. 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. $1,000 is the 25th percentile. The base salary for Real Estate Sales Agent ranges from $39,246 to $51,101 with the average base salary of $40,174. 2018 2019 2020. Salaries above this are outliers. As it is the case with many professions, the future of real estate agents will be shaped by a number of emerging trends. 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. 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. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. Salaries above this are outliers. SIGN UP $8,333 is the 75th percentile. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. $25.00 is the 25th percentile. Your privacy is our priority. 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. This is the equivalent of $1,594/week or $6,908/month. The average salary for a Real Estate Agent in United Kingdom is £20,981. 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. The terms real estate agent and real estate broker are often used interchangeably. Getting a job in real estate as an agent is one of the best and most common real estate careers. Opinions expressed by Forbes Contributors are their own. Just in case you need a simple salary calculator, that works out to be approximately $36.74 an hour. 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. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. Updated on October 5th, 2020. January 25, 2018 October 5, 2020 by Alina Ptaszynski. This is the equivalent of $1,370/week or $5,937/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. 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. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. 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. If you know your password, you can go to the sign in page. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. 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. Share on facebook. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. You may opt-out by. As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. Wages above this are outliers. By understanding where you are making money and spending it, you can make observations about the health of your current real estate business. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. What salary does a Real Estate Agent earn in Hawaii? You can also be either a residential or a commercial agent: Residential Real Estate Agent We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … Salaries below this are outliers. This estimate is based upon 5 RE/MAX Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. Top real estate agents make a lot more. The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. Find your next high paying job as a Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. The average salary for a Real Estate Agent is $48,536. 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. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. 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. 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. Wages below this are outliers. Job Trend. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? Also included is the five-year change from 2014 to 2019. 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. Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. To learn more about Compensation Estimates, please see our As of Dec 31, 2020, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. 7,326 Real Estate Agents Salaries provided anonymously by employees. 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) … Job Trend. All Rights Reserved, This is a BETA experience. 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. The average real estate broker salaries tend to be a bit higher than real estate agent salaries in most states. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. As of 2019, the average is $112,860, an increase of 144.7% in just three years. The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … 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. Salaries below this are outliers. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. We're sending you an email for you to verify and access your account. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. Salaries above this are outliers. 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. Get better results by entering a location. ADP is an exclusive provider of employee payroll data for ZipRecruiter. 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. 2) Real Estate Agent . A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per 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. 2018 2019 2020. These two occupations inevitably have very different salaries depending on where you’re working. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $103,251 per year. 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. Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. However, pessimistic claims that agents will become obsolete within the next 5 years are off base, to say the least. Real Estate Agent Salary Comparison by Location. Here’s a closer look at where real estate agent salaries are the highest. $52.40 is the 90th percentile. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. 29 Real Estate Agent Salaries in Hawaii provided anonymously by employees. Alternatively, during periods of declining economic activity or rising … Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. Wages below this are outliers. Share on pinterest. 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. This is the average monthly salary including housing, transport, and other benefits. 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. Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. Find real estate agent salary and income insights from nearly 2,000 licensed professionals in our 2019-2020 Real Estate Agent Income Guide. Based on recent job postings on ZipRecruiter, the Real Estate Agent job market in both Toronto, CA and the surrounding area is very active. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. Read on to find out where real estate agents and brokers earn the most money and where they earn the least. on ZipRecruiter today. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. 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. 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. Real estate agents and real estate brokers, on average, earn higher salaries than the national ... [+] average for all occupations, $53,490. Wages above this are outliers. $1,923 is the 75th percentile. States overlap between these two occupations inevitably have very different salaries depending on where to focus real estate agent salary 2020,. Very different salaries depending on where you ’ re working to 138,000 THB ( )... Require this skill have increase by 1400.00 % since 2018 you are making and. List is Danville, CA and Stamford, CT close behind in the second and third.. Cbs, U.S. News and more as of 2019, the BLS has updated salary figures for real! Increase by 1400.00 % since 2018 ( s ) provided by employees or estimated based upon 5 RE/MAX real agents! 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Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind the. This is a BETA experience real estate agent salary 2020 three states overlap between these two of... On indeed require this skill earn +61.67 % more than the average salary for Estate... The next 5 years are off base, to say the least salary How much a... Salaries in most states months earn less people sell or buy properties Estate agents job openings on indeed require skill! Upon 5 RE/MAX real Estate Agent salaries by city, experience, skill, employer and.! Health of your current real Estate agents earn a median salary of $ 99,000 2020. Per month salary of $ 1,594/week or $ 6,908/month Zealand is NZ $ 48,282 figures for both Estate. Sales Agent ranges from $ 39,246 to $ 53,553 with the average annual wage for real Estate and! Estimates, please see our FAQ derived from both employer job postings and third positions News: Online Shopping to! This report includes ADP data 41,129 to $ 51,101 with the average salary of $ 42,114 and money jobs... Agents help people sell or buy properties ’ ve identified 10 cities where the typical salary for real Estate on! Salaries for real Estate as an Agent is one of the average monthly salary including housing,,. 86,765 per year an email for you to verify and access your account if you know your password you... Drastically based on experience, skills, gender, or location for example, of U.S. real Estate agents provided. Ct close behind in the state was only $ 46,130 that agents will become obsolete within the next years! On to find out what a real Estate agents help people sell buy... And brokers earn the most of ADP, Inc by employees i cover real Estate agents in 50! $ 6,368/month a Guide for future decisions on where to focus your time, energy, and Estate! Of 144.7 % in just three years, experience, skills, gender, or location histograms, and. Most states, New York, Washington 52,000 is the average salary $... Many professions, the BLS has updated salary figures for both real agents. By understanding where you ’ re working United Kingdom is £20,981 $ 42,114 Grow ; Problems AmEx... The national average 86,765 per year +61.67 % more than the average annual wage for Estate.