Average Base Pay
34.14% above national average
Additional Cash Compensation
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 $34,940. A Real Estate Brokers candidate with 1-4 years of experience makes an average total salary of $63,370. A person in a mid-career Real Estate Brokers role with 5-9 years of experience makes an average salary of $71,000 a year. Real Estate Brokers with 10 or more years of experience make an average of $78,600. In their late career (over 20 years of experience), a person in a Real Estate Brokers role’s annual salary averages $123,920 per year.
|Average base salary (percentile)|
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.
The current Bureau of Labor Statistics states the salary is $71,000 higher than the national average for Real Estate Brokers positions.
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.