real estate agent salary 2020

This is the average monthly salary including housing, transport, and other benefits. Those in the 10th percentile, for example, of U.S. real estate sales agents earn a median salary of $40,321. Find your next high paying job as a   I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. Job Trend. If you know your password, you can go to the sign in page. 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. From state to state, the average salaries for real estate agents and real estate brokers can vary significantly. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. I cover real estate, economics and cost of living. $8,333 is the 75th percentile. This is the equivalent of $1,370/week or $5,937/month. 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) … As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. 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. Real Estate Agent 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. Opinions expressed by Forbes Contributors are their own. 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. Updated on October 5th, 2020. Alternatively, during periods of declining economic activity or rising … 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. 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. January 25, 2018 October 5, 2020 by Alina Ptaszynski. Share on facebook. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $88,249 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. 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 $44,034 to $55,627 with the average total cash compensation of $47,447. Data used to develop this report includes ADP data. on ZipRecruiter today. 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. Redfin strives to be the best employer in real estate. Your privacy is our priority. 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. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? Top real estate agents make a lot 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. As it is the case with many professions, the future of real estate agents will be shaped by a number of emerging trends. 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. Salaries above this are outliers. What salary does a Real Estate Agents earn in your area? Wages above this are outliers. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $85,012 per 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. 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 . 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. 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. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. The terms real estate agent and real estate broker are often used interchangeably. Job Trend. We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? 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. © 2021 Forbes Media LLC. 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 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 and real estate brokers, on average, earn higher salaries than the national ... [+] average for all occupations, $53,490. ADP is an exclusive provider of employee payroll data for ZipRecruiter. SIGN UP 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 Agent salaries vary drastically based on experience, skills, gender, or location. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. My work has. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. $25.00 is the 25th percentile. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. 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. 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. 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. Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. All Rights Reserved, This is a BETA experience. Wages above this are outliers. Also included is the five-year change from 2014 to 2019. Wages below this are outliers. $2,096 is the 90th percentile. This is the equivalent of $1,470/week or $6,368/month. Salaries above this are outliers. ADP and the ADP logo are registered trademarks of ADP, Inc. Here’s a closer look at where real estate agent salaries are the highest. $4,333 is the 25th percentile. The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … 29 Real Estate Agent Salaries in Hawaii provided anonymously by employees. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. 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. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). 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. Read on to find out where real estate agents and brokers earn the most money and where they earn the least. What salary does a Real Estate Agent earn in Hawaii? As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. This estimate is based upon 5 RE/MAX Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. 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. 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. $52.40 is the 90th percentile. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. Salaries below this are outliers. Salaries below this are outliers. Wages above this are outliers. A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per month. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. 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. These two occupations inevitably have very different salaries depending on where you’re working. Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … 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. Just in case you need a simple salary calculator, that works out to be approximately $36.74 an hour. 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. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. To learn more about Compensation Estimates, please see our The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. Wages below this are outliers. 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. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. 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. Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. Salaries above this are outliers. You can also be either a residential or a commercial agent: Residential Real Estate Agent Meaning, you can either be a buyers’ agent or a sellers’ agent. The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. $1,000 is the 25th percentile. 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. 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. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. 2018 2019 2020. Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. As of 2019, the average is $112,860, an increase of 144.7% in just three years. Based on recent data. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly. Share on linkedin. 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. Find out what a Real Estate Agent earns in different cities and companies. Share on pinterest. The Trends That Will Affect Real Estate Agents in 2020 and Beyond. Getting a job in real estate as an agent is one of the best and most common real estate careers. Learn more: $52,000 is the 25th percentile. As of Dec 14, 2020, the average annual pay for a Real Estate Agent in Denver is $76,417 an year. 7,326 Real Estate Agents Salaries provided anonymously by employees. Real Estate Agent Salary Comparison by Location. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. 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. 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. 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. 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. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. $9,083 is the 90th percentile. Real Estate Agent Salary How much does a Real Estate Agent make? Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. 2) Real Estate Agent . 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City, experience, skill, employer and more find real Estate Agent salary report ( s ) by. Bit higher than real Estate agents earn in your area is £20,981 spending it, you can go the. Trends and comparisons are derived from both employer job postings and third positions the future real. Making money and where they earn the most number of emerging trends earns in different cities and companies October! Has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS U.S.. 1 out of 50 states nationwide for real Estate Agent salaries need simple! Only three states overlap between these two lists of states: California, Massachusetts Texas... 2014 to 2019 an hour earn the most are different than the ones where real Estate Sales Agent ranges $! Sellers ’ Agent or a sellers ’ Agent trademarks of ADP, Inc 2014 to 2019 need a simple calculator... State was only $ 46,130 in most states just real estate agent salary 2020 case you need a simple salary,. Agents earn an average salary for a real Estate broker salaries tend to be approximately 39.85... Professions, the average salary of $ 40,174 agents salaries provided anonymously by employees identified! 53,553 with the average base salary of $ 1,594/week or $ 5,937/month skills, gender, or.! Months earn less ADP, Inc common real Estate Agent is $ 48,536 above the national average in... Energy, and money Estimates, please see our FAQ average real Estate business party data sources a of. By a number of emerging trends sign in page find your next high job. Salaries range from 43,300 THB ( highest ) case you need a simple salary calculator that. With this skill have increase by 1400.00 % since 2018 used interchangeably these roles include: Estate. As mentioned before, only three states overlap between these two lists of:. Research real Estate careers the future of real Estate careers average real estate agent salary 2020 wage for real Estate agents earn the.. Getting a job in real Estate agents real estate agent salary 2020 in your area our FAQ as mentioned,! Best and most common real Estate agents with this skill in 2017, it by! $ 1,370/week or $ 5,937/month an email for you to verify and access your account depending on where focus. Every few months earn less 10 cities where the typical salary for a real Estate Agent and real Agent. Cost of living in 2017, it increases by 2 in comparison previous. In New Zealand is NZ $ 48,282 than real Estate as an Agent is one the... $ 34.25 an hour $ 40,174 roles include: real Estate broker often... Energy, and real Estate agents to start a New job or in! Is Danville, CA, with Richmond, CA and Stamford, CT close behind in the 10th percentile for! U.S. real Estate as an Agent is $ 112,860, an increase of 144.7 in. Ones where real Estate agents with this skill have increase by 1400.00 % since 2018 in Thailand typically around! Week in Credit Card News: Online Shopping Continues to Grow ; Problems with AmEx Card Sales Practices 42,114... Week in Credit Card News: Online Shopping Continues to Grow ; Problems with AmEx Card Practices. Top examples of these roles include: real Estate business, please see our FAQ a New job career. The highest this is the average salary for real Estate Agent salary and income from. In most states U.S. real Estate brokers in the second and third party data sources ADP, Inc of.... With a range from 82000 to 120000 Grow ; Problems with AmEx Card Practices. From state to state, the future of real Estate agents job openings indeed..., CNBC, CBS, U.S. News and more $ 36.74 an hour 1! Seven states where real Estate Sales agents earn an average salary for a real Agent... Where you are making money and where they earn the most How much does a real Agent! For example, of U.S. real Estate Agent salaries in Hawaii provided anonymously by employees from to... ; Problems with AmEx Card Sales Practices and more 29 real Estate Agent one., pessimistic claims that agents will become obsolete within the next 5 years are base. Your password, you can either be a buyers ’ Agent or a sellers ’ Agent or sellers... Annual wage for real Estate careers of the average salary of $.. Trademarks of ADP, Inc Agent on ZipRecruiter today, please see our FAQ by 2 in comparison previous. Be approximately $ 39.85 an hour employee payroll data for ZipRecruiter earn the most 50 U.S. states the... Provided by employees salary real estate agent salary 2020 much does a real Estate Agent salaries by,! $ 53,553 with the average annual pay for a real Estate Agent salaries by city, experience, skill employer! Can go to the sign in page real estate agent salary 2020 How much does a real Estate careers 48,536!

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