Ever catch yourself wondering, "How much does a real estate agent make?" We've got you covered! Becoming a real estate agent can be a lucrative career. A real estate agent salary is influenced by many factors, read our guide below to see just how much a real estate agent makes a year.
The average real estate agent salary in the United States in 2024 is $85,793. The highest percentile of salaries are in the $138,500 - $149,500 range and the lowest percentile of salaries in the $28,500 - $39,499 range. As you can see, that number can vary greatly depending on many factors, some of which we will break down for you below.
Although REALTORS® and real estate agents perform the same job duties, it's important to remember that they are not the same thing. All REALTORS® are real estate agents but not all real estate agents are REALTORS®. A REALTOR® is an active member of the National Association of Realtors (NAR). They have to abide by a more strict Code of Ethics and standards of professional conduct to remain members of the NAR.
Now that we know the difference between the two, we can talk about how much more REALTORS® make. The average realtor salary in the United States in 2024 is $105,647, significantly higher than that of a real estate agent. The ceiling and floor are similar but the average is roughly $20,000 more than the standard real estate agent.
The table below outlines the average real estate agent salary by state. Keep in mind this salary figure includes agents that work part-time (we will get into this later) and REALTORS® will average roughly $20,000 more.
If you are interested in getting licensed in any of the states we have courses (orange), just click the state and it will take you to the state specific page to get signed up!
State | Salary |
---|---|
Alabama | $74,556 |
Alaska | $84,024 |
Arizona | $76,653 |
Arkansas | $64,013 |
California | $85,825 |
Colorado | $81,325 |
Connecticut | $75,032 |
Delaware | $93,913 |
Florida | $61,467 |
Georgia | $69,455 |
Hawaii | $81,292 |
Idaho | $82,265 |
Illinois | $75,016 |
Indiana | $78,272 |
Iowa | $74,625 |
Kansas | $70,029 |
Kentucky | $67,331 |
Louisiana | $68,291 |
Maine | $83,600 |
Maryland | $90,887 |
Massachusetts | $84,775 |
Michigan | $67,394 |
Minnesota | $78,217 |
Mississippi | $74,380 |
Missouri | $72,444 |
State | Salary |
---|---|
Montana | $75,499 |
Nebraska | $88,762 |
New Hampshire | $80.974 |
New Jersey | $82,215 |
New Mexico | $78,023 |
New York | $90,773 |
North Carolina | $70,217 |
North Dakota | $82,840 |
Ohio | $76,097 |
Oklahoma | $85,960 |
Oregon | $82,873 |
Pennsylvania | $83,164 |
Rhode Island | $76,762 |
South Carolina | $71,696 |
South Dakota | $78,292 |
Tennessee | $72,652 |
Texas | $81,859 |
Utah | $72,597 |
Vermont | $88,900 |
Virginia | $92,296 |
Washington | $100,261 |
West Virginia | $64,214 |
Wisconsin | $81,220 |
Wyoming | $79,478 |
Nevada | $79,448 |
Many real estate agents develop skills to serve a certain specialization or niche in the market. Many of these niches' have higher average salaries, when compared to your typical residential real estate agent. There are many different career paths a real estate agent can pursue. Take a look at some of the various real estate specializations below:
Specialize in properties intended for business use, such as office buildings, retail spaces, and industrial properties. Typical clients include: Business owners, corporations, and investors looking for business premises or investment opportunities.
Average Salary - $196,249
Deal with high-end properties that often have significant value and unique features. Typical clients include: Companies in manufacturing, logistics, and distribution sectors.
Average Salary - $98,791
Typically have more experience and additional qualifications compared to agents, often overseeing a team of agents or running an office. Typical clients include: Various clients, as brokers can work in multiple niches and provide more comprehensive services.
Average Salary - $168,711
Real estate developers are professionals involved in the process of developing properties. This involves a wide range of activities, including: Land acquisition, planning and design, financing, permitting and approvals, construction management, marketing and sales, and project management. They have a wide range of clients, from homebuyers to municipalities.
Average Salary - $140,498
Manage rental properties on behalf of property owners, including tenant relations, maintenance, and rent collection. Typical clients include: Property owners who do not wish to manage their properties personally.
Average Salary - $85,793
Focus on helping clients buy, sell, and manage investment properties. Typical clients include: Individual investors, investment groups, and real estate investment trusts (REITs).
Average Salary - $86,796
It is quite common for real estate agents to only work in the field part-time. Since agents are compensated on a commission basis (most of the time), brokerages typically don't mind if their agents are part-time. It works really well as a second career, for people without the time to work a full time job, or those just looking to use real estate as a side hustle.
Being able to start part-time and ease into the career full time is a huge advantage. The first year as an agent is typically the hardest and being able to subsidize their income while they build up their book of business is critical. A Part-time real estate agent salary is typically much less than a full-time agent but it's a great way to get your feet wet in the business or as a side hustle to make additional income.
**All salary statistics referenced in this article are from ZipRecruiter.
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