What does a Real Estate Broker earn?

On average, real estate brokers in the U.S. can earn around $86,490 per year. They work with a variety of clients, assisting them in buying, selling and managing their property. A real estate broker may choose to specialize in certain areas such as residential, industrial, or commercial property.

How to earn more as a Real Estate Broker

To become a real estate broker, you will need to get a license from the state as well as gain sufficient experience in the industry. You may need to complete an accredited real estate program or get an equivalent degree in economics, business administration or finance. You can also work on getting additional certifications or endorsements to increase your marketability. To earn more as a real estate broker, you may become a specialist in such fields as commercial, industrial, or luxury property. You could also work on becoming a manager for a real estate business or choose to become self-employed.