My work has. 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. 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 Agent Salary How much does a Real Estate Agent make? 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. Alternatively, during periods of declining economic activity or rising … Opinions expressed by Forbes Contributors are their own. By understanding where you are making money and spending it, you can make observations about the health of your current real estate business. Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. Updated on October 5th, 2020. 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. What salary does a Real Estate Agents earn in your area? The base salary for Real Estate Sales Agent ranges from $39,246 to $51,101 with the average base salary of $40,174. SIGN UP Here’s a closer look at where real estate agent salaries are the highest. The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. Meaning, you can either be a buyers’ agent or a sellers’ agent. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $85,012 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. 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. A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per month. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. 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. 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. As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. Based on recent data. 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. Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. $52.40 is the 90th percentile. Find real estate agent salary and income insights from nearly 2,000 licensed professionals in our 2019-2020 Real Estate Agent Income Guide. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per 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. Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. $100,000 is the 75th percentile. Wages above this are outliers. Salaries above this are outliers. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. 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. 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 . Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. And agents who sell one home every few months earn less. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. Share on linkedin. $1,923 is the 75th percentile. 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. 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. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. 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. Your privacy is our priority. 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 average salary for a Real Estate Agent in United Kingdom is £20,981. Real Estate Agent Salary Comparison by Location. 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. Find your next high paying job as a $1,000 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. Learn more: $52,000 is the 25th percentile. 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. Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind in the second and third positions. This is the equivalent of $1,370/week or $5,937/month. Share on facebook. Find out what a Real Estate Agent earns in different cities and companies. The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … 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. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. Wages above this are outliers. Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. 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. 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. Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. $4,333 is the 25th percentile. 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) … 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. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $88,249 per year. 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. Job Trend. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. Best states for Real Estate Agents to start a new job or career in 2020: Pennsylvania, Alabama, New York, Washington. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $103,251 per year. Get better results by entering a location. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. Job Trend. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year.   FAQ. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. January 25, 2018 October 5, 2020 by Alina Ptaszynski. The average salary for a Real Estate Agent is $48,536. 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. As of 2019, the average is $112,860, an increase of 144.7% in just three years. 7,326 Real Estate Agents Salaries provided anonymously by employees. We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … In 2016, the average annual wage for real estate brokers in the state was only $46,130. 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. 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. You may opt-out by. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. © 2021 Forbes Media LLC. $25.00 is the 25th percentile. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. 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) … Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. 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. As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. 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. You can also be either a residential or a commercial agent: Residential Real Estate Agent 2 real Estate Agent income Guide agents in all 50 U.S. states 144.7 % in just years... 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