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Updated July 16, 2024

Real Estate Brokers Salaries

Chicago-Naperville-Elgin, Illinois, US

Average Base Pay

$52,260/yr

25.12% above national average

Additional Cash Compensation

Average: $52,260


Range: $18,300-

 

How much does a Real Estate Brokers role make in Chicago-Naperville-Elgin, Illinois, US?

Career Ladder Pay for Real Estate Brokers Roles

A person in an entry-level Real Estate Brokers role with under one year of job experience can expect to make an average annual salary of $18,300. A Real Estate Brokers candidate with 1-4 years of experience makes an average total salary of $26,760. A person in a mid-career Real Estate Brokers role with 5-9 years of experience makes an average salary of $52,260 a year. Real Estate Brokers with 10 or more years of experience make an average of $125,140. In their late career (over 20 years of experience), a person in a Real Estate Brokers role’s annual salary averages per year.

What is the average Real Estate Brokers salary in Chicago-Naperville-Elgin, Illinois, US?

Average base salary, as of 2024 : $52,260

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$13,065$26,130$39,195
Monthly salary$1,089$2,178$3,266
Weekly salary$272$544$817
Hourly salary$39$78$117

Where can a Real Estate Brokers role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Real Estate Brokers roles boost salary?

While certifications are not required for every Real Estate Brokers position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Real Estate Brokers position in high demand?

The current Bureau of Labor Statistics states the salary is $52,260 higher than the national average for Real Estate Brokers positions.

Is there advancement potential for a Real Estate Brokers role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Real Estate Brokers roles that can advance both internally and with another company.

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