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Licensed realtor salary

Average licensed realtor salary

$38,029

$18.28 hourly rate

Entry-level licensed realtor salary
$27,000 yearly salary
Updated January 8, 2025

As of October 2025, the average salary for a Licensed Realtor in the United States is $38,029 annually, which breaks down to about $18 per hour. However, this figure can significantly differ based on several factors including geographic location, years of experience, and the type of real estate practiced.

Average Salary by Experience Level

Entry-level realtors typically earn less than their more experienced counterparts. For example, those just starting may see salaries around $29,000, while seasoned professionals can earn upwards of $52,000 or more depending on their track record and market conditions.

State and City Variances

Salary ranges vary widely across different states and cities. For instance, realtors in metropolitan areas often command higher salaries due to the increased demand for properties and competition. Cities like San Francisco and New York are known for their competitive real estate markets, offering salaries that exceed the national average.

Maximizing Earnings Potential

To maximize earning potential, licensed realtors can specialize in high-demand areas such as commercial real estate or luxury properties. Continuous education and networking can also open doors to higher-paying opportunities.

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Where can a Licensed Realtor earn more?

Compare salary by location
Vs
54k
34k
14k
-6k
Columbus, OH$32,943
Chicago, IL$24,135
Compare salary by company
Vs
57k
37k
17k
-3k
Paññã$36,912
The Place Family Restaurant$26,779

Licensed realtor salaries by experience level

Average licensed realtor salary by state

The highest-paying states for licensed realtors are New York, California, and Massachusetts. The lowest average licensed realtor salary states are Tennessee, Louisiana, and North Carolina.

  • State view
  • County view
Average salary:

Highest paying states for licensed realtors

RankStateAvg. salaryHourly rate
1Massachusetts$44,642$21.46
2California$45,234$21.75
3Washington$42,778$20.57
4Alaska$43,042$20.69
5Michigan$37,887$18.21
6Vermont$41,802$20.10
7New York$45,722$21.98
8Rhode Island$38,536$18.53
9Nevada$38,977$18.74
10Connecticut$42,012$20.20
11Utah$39,520$19.00
12Montana$39,245$18.87
13Colorado$39,254$18.87
14Pennsylvania$38,644$18.58
15Alabama$35,801$17.21
16West Virginia$41,308$19.86
17New Jersey$41,499$19.95
18Iowa$34,164$16.43
19South Dakota$38,131$18.33
20New Hampshire$37,091$17.83
21Idaho$36,585$17.59
22Oregon$36,562$17.58
23New Mexico$35,084$16.87
24Missouri$35,037$16.84
25Arizona$34,204$16.44
26North Dakota$37,176$17.87
27Maine$36,572$17.58
28Georgia$36,577$17.59
29Texas$32,590$15.67
30Hawaii$35,332$16.99
31Delaware$30,897$14.85
32Virginia$35,151$16.90
33Kentucky$32,492$15.62
34Kansas$29,036$13.96
35Oklahoma$33,460$16.09
36Ohio$31,503$15.15
37Arkansas$32,330$15.54
38District of Columbia$33,733$16.22
39Florida$31,690$15.24
40Nebraska$30,577$14.70
41Wisconsin$27,644$13.29
42Mississippi$31,134$14.97
43Indiana$30,525$14.68
44South Carolina$29,986$14.42
45North Carolina$25,026$12.03
46Tennessee$27,454$13.20
47Maryland$30,777$14.80
48Illinois$24,046$11.56
49Wyoming$24,452$11.76
50Louisiana$26,382$12.68
51Minnesota$24,408$11.73

Highest paying cities for licensed realtors

RankCityAvg. salaryHourly rate
1Austin, TX$32,943$15.84
2Chicago, IL$24,135$11.60

Licensed realtor salary details

A licensed realtor's salary ranges from $27,000 a year at the 10th percentile to $52,000 at the 90th percentile.

Average licensed realtor salary graph
Average licensed realtor salary graph, trends, and summary

What is a licensed realtor's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$52,000$4,333$25
75th Percentile$45,000$3,750$22
Average$38,029$3,169$18
25th Percentile$32,000$2,667$15
10th Percentile$27,000$2,250$13

Highest paying licensed realtor jobs

The highest paying types of licensed realtors are real estate sales associate, real estate consultant, and real estate agent.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Home Agent$23,972$1,998$11.5380,123
Sales And Leasing Consultant$54,126$4,511$26.0251,173
Real Estate Agent$91,788$7,649$44.1341,399
Apartment Leasing Agent$32,765$2,730$15.7531,888
Real Estate Consultant$92,358$7,696$44.4022,428
Real Estate Internship$32,662$2,722$15.7064,154

Which companies pay licensed realtors the most?

RankCompanyAverage salaryHourly rate
1Paññã$36,912$17.75
2Keller Williams Realty$35,624$17.13
3The Place Family Restaurant$26,779$12.87

Wage gap by gender, race and education

$39,000$38,400$37,800$37,200$36,600$36,000
MaleFemale

Licensed realtor salary trends

The average licensed realtor salary has risen by $7,731 over the last ten years. In 2014, the average licensed realtor earned $30,298 annually, but today, they earn $38,029 a year. That works out to a 11% change in pay for licensed realtors over the last decade.

Compare licensed realtor salaries for cities or states with the national average over time.

Average licensed realtor salary over time

Compare licensed realtor salaries for individual cities or states with the national average.

Licensed realtor salary by year

YearAvg. salaryHourly rate% Change
2025$38,000$18.28+0.2%
2024$37,900$18.24+0.5%
2023$37,800$18.15+5.5%
2022$35,700$17.15+4.1%
2021$34,200$16.44+1.6%

Recently added licensed realtor salaries

CompanyJobLocationDate addedSalary
Bhgre-Wasilla, AkRealtor We'Ll Help With Licensing)Soldotna, AK01/13/2025$70,000
Bhgre-Wasilla, AkRealtor We'Ll Help With Licensing)Wasilla, AK11/18/2024$70,000
Cityscape Metro GroupLicensed RealtorReston, VA09/13/2024$85,000
Cityscape Metro GroupLicensed RealtorReston, VA07/11/2024$85,000
Cityscape Metro GroupLicensed RealtorReston, VA07/11/2024$85,000
Get It Recruit-Real EstateLicensed Realtors-Investler Realty--Remote | WFHDaytona Beach, FL05/31/2024$40,000
Get It Recruit-Real EstateDreaming of Becoming A Licensed Realtor? WE Can Help--Remote | WFHRoseville, CA05/31/2024$60,000
Get It Recruit-Real EstateLicensed Realtor--RemoteNew York, NY05/31/2024$61,852
State of IndianaResidential Licensing SpecFort Wayne, IN01/24/2024$53,222
Marshall Reddick Real EstateLicensed RealtorNewport Beach, CA12/07/2023$80,000

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