Average salary, compensation, and wages for Real estate brokers and sales agents in the United States


The median annual earnings of salaried real estate agents, including commissions, were $30,930 in 2002. The middle 50 percent earned between $21,010 and $52,860 a year. The lowest 10 percent earned less than $15,480, and the highest 10 percent earned more than $83,780.

Median annual earnings of salaried real estate brokers, including commission, were $50,330 in 2002. The middle 50 percent earned between $29,240 and $90,170 a year. The lowest 10 percent earned less than $17,920, and the highest 10 percent earned more than $145,600 a year.

Commissions on sales are the main source of earnings of real estate agents and brokers. The rate of commission varies according to whatever the agent and broker agree on, the type of property, and its value. The percentage paid on the sale of farm and commercial properties or unimproved land usually is higher than the percentage paid for selling a home.

Commissions may be divided among several agents and brokers. The broker or agent who obtained the listing usually shares their commission when the property is sold with the broker or agent who made the sale, and also with the firm that employs them. Although an agent�s share varies greatly from one firm to another, often it is about half of the total amount received by the firm. Agents who both list and sell a property maximize their commission.

Income usually increases as an agent gains experience, but individual ability, economic conditions, and the type and location of the property also affect earnings. Sales workers who are active in community organizations and in local real estate associations can broaden their contacts and increase their earnings. A beginner�s earnings often are irregular, because a few weeks or even months may go by without a sale. Although some brokers allow an agent to draw against future earnings from a special account, the practice is not usual with new employees. The beginner, therefore, should have enough money to live for about 6 months or until commissions increase.




More information on Real estate brokers and sales agents from The U.S. Department of Labor Bureau of Labor Statistics Occupational Outlook Handbook
Overview of Real estate brokers and sales agents occupation
Number of Real estate brokers and sales agents in the U.S.
Salary and earnings for Real estate brokers and sales agents
Working conditions for Real estate brokers and sales agents
Significant points for Real estate brokers and sales agents
Training requirements for Real estate brokers and sales agents




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