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. 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. 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. Those in the 10th percentile, for example, of U.S. real estate sales agents earn a median salary of $40,321. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. This estimate is based upon 5 RE/MAX Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. Top real estate agents make a lot more. 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. Redfin strives to be the best employer in real estate. By understanding where you are making money and spending it, you can make observations about the health of your current real estate business. Job Trend. The average salary for a Real Estate Agent in United Kingdom is £20,981. 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. $1,000 is the 25th percentile. What salary does a Real Estate Agents earn in your area? You may opt-out by. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. The average real estate broker salaries tend to be a bit higher than real estate agent salaries in most states. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. ADP is an exclusive provider of employee payroll data for ZipRecruiter. Just in case you need a simple salary calculator, that works out to be approximately $34.25 an hour. 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. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? Find your next high paying job as a Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. To learn more about Compensation Estimates, please see our The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly. 2018 2019 2020. Find real estate agent salary and income insights from nearly 2,000 licensed professionals in our 2019-2020 Real Estate Agent Income Guide. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. 2018 2019 2020. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. 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. 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. Wages below this are outliers. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. 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. This is the average monthly salary including housing, transport, and other benefits. 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 . SIGN UP Here’s a closer look at where real estate agent salaries are the highest. As of 2019, the average is $112,860, an increase of 144.7% in just three years. 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. Based on recent job postings on ZipRecruiter, the Real Estate Agent job market in both Toronto, CA and the surrounding area is very active. Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind in the second and third positions. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. What salary does a Real Estate Agent earn in Hawaii? The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … 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. A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per month. In 2016, the average annual wage for real estate brokers in the state was only $46,130. This is the equivalent of $1,594/week or $6,908/month. Alternatively, during periods of declining economic activity or rising … Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. Getting a job in real estate as an agent is one of the best and most common real estate careers. 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. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. 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. 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. 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. As of Dec 31, 2020, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. $2,096 is the 90th percentile. Find out what a Real Estate Agent earns in different cities and companies. This is the equivalent of $1,470/week or $6,368/month. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? 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. 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. 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. Wages above this are outliers. Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. 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. As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. 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) … Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. Share on twitter . The Trends That Will Affect Real Estate Agents in 2020 and Beyond. The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. Share on pinterest. Wages above 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. FAQ. $100,000 is the 75th percentile. 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. 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. We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … 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. Salaries below this are outliers. Wages below this are outliers. We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. You can also be either a residential or a commercial agent: Residential Real Estate Agent 7,326 Real Estate Agents Salaries provided anonymously by employees. Job Trend. 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. 2018 2019 2020 Based on recent data. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. Salaries above this are outliers. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. Read on to find out where real estate agents and brokers earn the most money and where they earn the least. And agents who sell one home every few months earn less. The top-10 states for real estate agent salaries are primarily in the Northeast and out West, including both Pacific Coast and the mountain states of Colorado and Utah. 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. Wages above this are outliers. 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. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. The average salary for a Real Estate Agent is $48,536. The jobs requiring this skill have increase by 1400.00% since 2018. Just in case you need a simple salary calculator, that works out to be approximately $36.74 an hour. $4,333 is the 25th percentile. As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. $1,923 is the 75th percentile. 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. 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. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). $25.00 is the 25th percentile. Also included is the five-year change from 2014 to 2019. Salaries above this are outliers. The base salary for Real Estate Sales Agent ranges from $41,129 to $53,553 with the average base salary of $42,102. Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. Real Estate Agent Salary How much does a Real Estate Agent make? 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