Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Real Estate Broker is a professional role in the Sales job family, focused on Real Estate Broker work. Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.
What Real Estate Brokers do
Typical education: Bachelor's Degree
Sell, for a fee, real estate owned by others.
Obtain agreements from property owners to place properties for sale with real estate firms.
Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
Manage or operate real estate offices, handling associated business details.
Top skills:SpeakingReading ComprehensionCritical ThinkingActive ListeningNegotiationActive Learning
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Real Estate Broker salary by industry
Real Estate and Rental and Leasing
41,130 workers
$85,000
Finance and Insurance
2,110 workers
$120,500
Construction
1,040 workers
$94,500
Professional, Scientific, and Technical Services
530 workers
$80,000
Management of Companies and Enterprises
350 workers
$89,000
Local Government, including Schools and Hospitals (OEWS Designation)
180 workers
$91,000
Administrative and Support and Waste Management and Remediation Services
140 workers
$84,500
Health Care and Social Assistance
70 workers
$79,000
National sector-level figures, BLS OEWS May 2025, aged to 2026.
How this role compares
Real Estate Broker pays 24% below the average across 932 roles in the Sales job family (family average $114,000).
The average base salary for a Real Estate Broker in the United States is $87,000 per year, or about $41.83 per hour.
What is the typical salary range?
Pay typically falls between $48,000 and $107,000 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.
How does this compare with other Sales roles?
The Sales job family averages $114,000 across 932 roles tracked by WePayFairly.
Need a defensible market price for this role? WePayFairly data is compiled from published survey sources and maintained by compensation professionals.
