My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. 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. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. $9,083 is the 90th percentile. Real Estate Agent Salary How much does a Real Estate Agent make? Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. 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. As mentioned before, only three states overlap between these two lists of states: California, Massachusetts and Texas. This is the average monthly salary including housing, transport, and other benefits. $1,000 is the 25th percentile. 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. Best states for Real Estate Agents to start a new job or career in 2020: Pennsylvania, Alabama, New York, Washington. Get better results by entering a location. I cover real estate, economics and cost of living. To learn more about Compensation Estimates, please see our 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. Find your next high paying job as a 7,326 Real Estate Agents Salaries provided anonymously by employees. 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Based on recent job postings on ZipRecruiter, the Real Estate Agent job market in both Toronto, CA and the surrounding area is very active. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. 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, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. And agents who sell one home every few months earn less. All Rights Reserved, This is a BETA experience. 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. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. Job Trend. The average real estate broker salaries tend to be a bit higher than real estate agent salaries in most states. 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. 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. Top real estate agents make a lot more. As of 2019, the average is $112,860, an increase of 144.7% in just three years. As it is the case with many professions, the future of real estate agents will be shaped by a number of emerging trends. $52.40 is the 90th percentile. 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. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). However, pessimistic claims that agents will become obsolete within the next 5 years are off base, to say the least. © 2021 Forbes Media LLC. 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. Share on facebook. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. As of Dec 14, 2020, the average annual pay for a Real Estate Agent in Denver is $76,417 an year. 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. You can also be either a residential or a commercial agent: Residential Real Estate Agent These two occupations inevitably have very different salaries depending on where you’re working. Read on to find out where real estate agents and brokers earn the most money and where they earn the least. 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. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. If you know your password, you can go to the sign in page. 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 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. 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 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. The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. Real estate agents help people sell or buy properties. The average salary for a Real Estate Agent in New Zealand is NZ$48,282. Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. 29 Real Estate Agent Salaries in Hawaii provided anonymously by employees. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. From state to state, the average salaries for real estate agents and real estate brokers can vary significantly.   What salary does a Real Estate Agents earn in your area? 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. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. Salaries above this are outliers. 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. 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. 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) … ADP is an exclusive provider of employee payroll data for ZipRecruiter. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. 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. Alternatively, during periods of declining economic activity or rising … 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. Your privacy is our priority. 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. As of Dec 31, 2020, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? $1,923 is the 75th percentile. 2018 2019 2020. The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. Getting a job in real estate as an agent is one of the best and most common real estate careers. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. Share on linkedin. 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