A person working as a Real Estate Agent in Thailand typically earns around 88,500 THB per month. Real estate agents help people sell or buy properties. The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly. Opinions expressed by Forbes Contributors are their own. Real Estate Agents earn an average salary of $99,000 in 2020, with a range from 82000 to 120000. 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. $1,000 is the 25th percentile. $9,083 is the 90th percentile. Share on twitter . Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. The jobs requiring this skill have increase by 1400.00% since 2018. 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) … 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. Can You Deduct Business Expenses Used For PPP Loan Forgiveness? The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,160 to $58,313 with the average total cash compensation of $49,738. 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 . As of Dec 25, 2020, the average monthly pay for a Real Estate Agent in the United States is $6,908 a month. We’ve identified eight states where the typical salary for a Real Estate Agent job is above the … 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. 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. 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. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $88,249 per year. Share on facebook. 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. And agents who sell one home every few months earn less. 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. Job Trend. 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. The Trends That Will Affect Real Estate Agents in 2020 and Beyond. Find your next high paying job as a 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. Wages above this are outliers. Wages below this are outliers. $2,096 is the 90th percentile. However, pessimistic claims that agents will become obsolete within the next 5 years are off base, to say the least. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. My work has appeared on MSN, Yahoo Finance, Fortune, CNBC, CBS, U.S. News and more. Here’s a breakdown of the average annual wage for real estate agents in all 50 U.S. states. Salaries above this are outliers. 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. Real Estate Agent Salary How much does a Real Estate Agent make? Meaning, you can either be a buyers’ agent or a sellers’ agent. 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 understanding where you are making money and spending it, you can make observations about the health of your current real estate business. 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. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $101,888 per year. 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) … I cover real estate, economics and cost of living. Learn more: $52,000 is the 25th percentile. Importantly, Danville, CA has a moderately active Real Estate Agent job market with only a few companies currently hiring for this type of role. Real Estate Agent salaries at RE/MAX can range from $40,000 - $129,213. As mentioned before, only three states overlap between these two lists of states: California, Massachusetts and Texas. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. 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. 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. Real Estate Agent Salary Comparison by Location. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $103,251 per year. Find out what a Real Estate Agent earns in different cities and companies. The other seven states where real estate agents earn the most are different than the ones where real estate brokers earn the most. Redfin strives to be the best employer in real estate. Wages above this are outliers. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $86,765 per year. Salaries above this are outliers. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and 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. 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. 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. All Rights Reserved, This is a BETA experience. In addition to excellent compensation, benefits, and opportunities for growth, Redfin agents share a mission—to redefine real estate in the consumer’s favor. As of 2019, the average is $112,860, an increase of 144.7% in just three years. 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. 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. 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 14, 2020, the average annual pay for a Real Estate Agent in Denver is $76,417 an year. 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. Salaries above this are outliers. 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. You can also be either a residential or a commercial agent: Residential Real Estate Agent You may opt-out by. As of Jan 2, 2021, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. Salaries below this are outliers. The average salary for a Real Estate Agent in United Kingdom is £20,981. This is the equivalent of $1,594/week or $6,908/month. Top real estate agents make a lot more. 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. The average salary for a Real Estate Agent is $48,536. The average salary for a Real Estate Agent in New Zealand is NZ$48,282. We’ve identified 10 cities where the typical salary for a Real Estate Agent job is above the national average. What salary does a Real Estate Agent earn in Hawaii? January 25, 2018 October 5, 2020 by Alina Ptaszynski. Those in the 10th percentile, for example, of U.S. real estate sales agents earn a median salary of $40,321. ADP and the ADP logo are registered trademarks of ADP, Inc. Visit PayScale to research real estate agent salaries by city, experience, skill, employer and more. 2 Real Estate Agents job openings on indeed require this skill in 2017, it increases by 2 in comparison to previous year. ZipRecruiter, Inc. © All Rights Reserved Worldwide, How Much Do Real Estate Agent Jobs Pay per Month, How Much Do Real Estate Agent Jobs Pay per Hour, How Much Do Real Estate Agent Jobs Pay per Week. 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 base salary for Real Estate Sales Agent ranges from $39,246 to $51,101 with the average base salary of $40,174. 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. If you know your password, you can go to the sign in page. Just in case you need a simple salary calculator, that works out to be approximately $36.74 an hour. Alternatively, during periods of declining economic activity or rising … This estimate is based upon 5 RE/MAX Real Estate Agent salary report(s) provided by employees or estimated based upon statistical methods. We're sending you an email for you to verify and access your account. As of Dec 28, 2020, the average annual pay for a Real Estate Agent in Georgia is $71,241 an year. To learn more about Compensation Estimates, please see our Based on recent data. 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. 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. These observations will also serve as a guide for future decisions on where to focus your time, energy, and money. Also included is the five-year change from 2014 to 2019. 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. 2) Real Estate Agent . What salary does a Real Estate Agents earn in your area? Read on to find out where real estate agents and brokers earn the most money and where they earn the least. 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. Wages below 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. $8,333 is the 75th percentile. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. As it is the case with many professions, the future of real estate agents will be shaped by a number of emerging trends. Share on linkedin. 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. 2018 2019 2020. Data used to develop this report includes ADP data. $52.40 is the 90th percentile. As of Dec 31, 2020, the average annual pay for a Real Estate Agent in the United States is $82,898 a year. Job Trend. $4,333 is the 25th percentile. Best states for Real Estate Agents to start a new job or career in 2020: Pennsylvania, Alabama, New York, Washington. 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. 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. 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. Your privacy is our priority. The terms real estate agent and real estate broker are often used interchangeably. This Week In Credit Card News: Online Shopping Continues To Grow; Problems With AmEx Card Sales Practices? These two occupations inevitably have very different salaries depending on where you’re working. The average real estate broker salaries tend to be a bit higher than real estate agent salaries in most states. Real Estate Agents with this skill earn +61.67% more than the average base salary, which is $85,012 per year. Updated on October 5th, 2020. From state to state, the average salaries for real estate agents and real estate brokers can vary significantly. ADP is an exclusive provider of employee payroll data for ZipRecruiter. Keep in mind that every real estate agent salary is different because our income is dependent upon commissions. Getting a job in real estate as an agent is one of the best and most common real estate careers. Based on recent job postings on ZipRecruiter, the Real Estate Agent job market in both Toronto, CA and the surrounding area is very active. In 2016, the average annual wage for real estate brokers in the state was only $46,130. $25.00 is the 25th percentile. The average Real Estate Agent salary is $73,803 as of November 25, 2020, but the salary … © 2021 Forbes Media LLC. Real estate agents and real estate brokers, on average, earn higher salaries than the national ... [+] average for all occupations, $53,490. Share on pinterest. 7,326 Real Estate Agents Salaries provided anonymously by employees. 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. Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. $1,923 is the 75th percentile. Real Estate Agent salaries vary drastically based on experience, skills, gender, or location. 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. ranks number 1 out of 50 states nationwide for Real Estate Agent salaries. Just in case you need a simple salary calculator, that works out to be approximately $39.85 an hour. 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. 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. Top examples of these roles include: Real Estate Apprentice, Real Estate Partner, and Real Estates. Salaries range from 43,300 THB (lowest) to 138,000 THB (highest). Illinois, where real estate agent salaries are the lowest, has seen a dramatic fall in real estate agent wages over the last five years. 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. 29 Real Estate Agent Salaries in Hawaii provided anonymously by employees. 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. Wages above this are outliers. 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. This is the equivalent of $1,370/week or $5,937/month. Here’s a closer look at where real estate agent salaries are the highest. 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. This is the average monthly salary including housing, transport, and other benefits. FAQ. 2018 2019 2020. on ZipRecruiter today. SIGN UP This is the equivalent of $1,470/week or $6,368/month. 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. Get better results by entering a location. My work has. Salaries below this are outliers. $100,000 is the 75th percentile. The base salary for Real Estate Sales Agent ranges from $41,141 to $53,568 with the average base salary of $42,114. I'm a finance writer with years of experience covering topics such as taxation, Social Security, entrepreneurship, investing, real estate and housing markets. Real Estate Agent Now, in 2020, the BLS has updated salary figures for both real estate agents and real estate brokers. Find real estate agent salary and income insights from nearly 2,000 licensed professionals in our 2019-2020 Real Estate Agent Income Guide. Topping the list is Danville, CA, with Richmond, CA and Stamford, CT close behind in the second and third positions. 2018 2019 2020 Identified 10 cities where the typical salary for a real Estate agents with this skill have increase by %! The base salary for real Estate Agent salary and income insights from 2,000. In 2017, it increases by 2 in comparison to previous year $ 41,129 to $ 53,568 with the annual..., Fortune, CNBC, CBS, U.S. News and more your current real Estate brokers vary... 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Agent salaries by city, experience, skill, employer and more $ 53,553 with the average salary. New York, Washington about Compensation Estimates, histograms, trends and comparisons are derived from both employer postings... For example, of U.S. real Estate business you Deduct business Expenses used PPP... Dec 14, 2020, with Richmond, CA, with a range from 82000 to 120000 comparisons are from! Payscale to research real Estate Agent on ZipRecruiter today, pessimistic claims that agents become!, that works out to be the best employer in real Estate Agent in Zealand. Richmond, CA and Stamford, CT close behind in the state was only $.! ; Problems with AmEx Card Sales Practices top examples of these roles include: real Estate Sales Agent from!