Real Estate Brokers

SOC: 41-9021 O*NET: 41-9021.00
Median Salary
$72,280
per year
Job Growth
➑️ 3.3%
Average (2024-2034)
Annual Openings
9.7
projected jobs/year
Education Level
Bachelor's degree or higher
Job Zone 4

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Overview

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Compensation & Benefits

Salary Distribution by Percentile

Understanding where you might fall in the salary range based on experience and location.

10th
$43,368
25th
$57,824
50th (Median)
$72,280
75th
$86,736
90th
$108,420

Percentile Explained: If you're in the 75th percentile, you earn more than 75% of workers in this occupation. Entry-level positions typically fall in the 10th-25th percentile range, while experienced professionals often reach the 75th-90th percentile.

Typical Benefits Package

Health & Wellness

  • βœ“Health Insurance
  • βœ“Dental Insurance
  • βœ“Vision Insurance
  • βœ“Mental Health Support
  • βœ“Wellness Programs

Financial Benefits

  • βœ“401(k) Retirement Plan
  • βœ“Employer Match (typically 3-6%)
  • βœ“Profit Sharing
  • βœ“Stock Options
  • βœ“Performance Bonuses

Work-Life Balance

  • βœ“Paid Time Off (15-25 days)
  • βœ“Paid Sick Leave
  • βœ“Flexible Work Arrangements
  • βœ“Remote Work Options
  • βœ“Parental Leave

Professional Development

  • βœ“Tuition Reimbursement
  • βœ“Professional Certifications
  • βœ“Conference Attendance
  • βœ“Training Programs
  • βœ“Mentorship Opportunities

Note: Benefits vary widely by employer, company size, and location. Large corporations and tech companies often offer more comprehensive packages, while small businesses may offer fewer benefits but more flexibility. Always review the complete compensation package, not just base salary.

Job Market Intelligence

Job Market Intelligence

Medium Demand
Market demand
Medium Risk
Automation risk

Current Employment

National Employment:111,300

10-Year Outlook

Growth Rate:+3.3%
Annual Openings:9,700

Employment Projections

2024 (Current)111,300
Current
2034 (Projected)115,000
+3.3%
+3,700
Employment Change
+3.3%
Growth Rate
10
Year Projection

Growth Category: As fast as average

Key Growth Factors

  • β€’Average growth expected

Top Skills

βœ“
Speaking
Speaking
βœ“
Critical Thinking
Critical Thinking
βœ“
Reading Comprehension
Reading Comprehension
βœ“
Active Listening
Active Listening
βœ“
Negotiation
Negotiation
βœ“
Active Learning
Active Learning
βœ“
Persuasion
Persuasion
βœ“
Writing
Writing
βœ“
Social Perceptiveness
Social Perceptiveness
βœ“
Judgment and Decision Making
Judgment and Decision Making

Key Knowledge Areas

βœ“
Sales and Marketing
βœ“
Customer and Personal Service
βœ“
English Language
βœ“
Law and Government
βœ“
Administration and Management
βœ“
Economics and Accounting
βœ“
Computers and Electronics
βœ“
Mathematics
βœ“
Communications and Media
βœ“
Building and Construction

Education & Training

Education Required

Bachelor's degree or higher

Experience Required

A considerable amount of work-related skill, knowledge, or experience needed

Job Training

Significant preparation with related work experience