Salary for Real Estate Brokers

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Real estate brokers sell real estate for other individuals. They do this for a fee, also called a commission. Real estate brokers search other similar properties to compare prices and ensure the property is being listed at a competitive price. Brokers also monitor the fulfillment of the terms of the agreement once it is made and negotiate between buyers and sellers. In order to work as a broker it is necessary that the individual be familiar with the real estate laws and fair housing laws to work as a broker. The job is a commission-only position, though earnings can be substantial.

A Real Estate Broker can expect a wage between $25,460 and $174,120 based on the level of education. will normally receive an average salary of eigthy-one thousand six hundred and thirty dollars per annum.

can get the best compensation in District of Columbia, where they get salary pay of just about $112,550. People working these jobs can make the highest salaries in Construction, where they can get an average job salary of $91,610.

The national wage distribution is shown below. To overlay local salaries for a Real Estate Broker, please select your state.