Real Estate Brokers Career, Salary and Skills
Real Estate Brokers have a BLS-reported national median annual wage of $73,220 based on the 2025 OEWS dataset, with reported national employment of 46,100. Wage data is published for 122 locations.
Occupation description
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.
O*NET code
41-9021.00
Job zone
4
Typical education
Not recorded
Experience
None
National salary and employment
Median annual
$73,220
Hourly median
$35.20
Employment
46,100
Data year
2025
National salary distribution
Top skills
| Skill | Importance | Level |
|---|---|---|
| Negotiation | 4.12 | 4.00 |
| Reading Comprehension | 4.00 | 4.00 |
| Active Learning | 4.00 | 4.00 |
| Active Listening | 4.00 | 4.00 |
| Speaking | 4.00 | 4.00 |
| Critical Thinking | 3.88 | 4.00 |
| Persuasion | 3.88 | 4.00 |
| Judgment and Decision Making | 3.50 | 4.00 |
| Social Perceptiveness | 3.38 | 3.25 |
| Writing | 3.38 | 3.62 |
Typical tasks
- Sell, for a fee, real estate owned by others.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Rent properties or manage rental properties.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Obtain agreements from property owners to place properties for sale with real estate firms.
Technology
- Adobe Photoshop
- AMTdirect
- AppFolio Property Manager
- Deep Forest Systems OnCite
- Domin-8 Enterprise Solutions Tenant Pro
- Enterprise Software Systems CRE Sync
- First American CoreLogic RealQuest Pro
- Google Earth Pro
- Intuit QuickBooks
- Lease Cost Solutions LseMod
- London Computer Systems Rent Manager
- Microsoft Access
- Microsoft Active Server Pages ASP
Real Estate Brokers salary by location
Areas with the highest reported employment for this occupation.
- Real Estate Brokers Salary in CAMedian $80,450 · Employment 8,430
- Real Estate Brokers Salary in AZMedian $74,260 · Employment 3,790
- Real Estate Brokers Salary in FLMedian $66,010 · Employment 3,640
- Real Estate Brokers Salary in COMedian $79,970 · Employment 3,280
- Real Estate Brokers Salary in TXMedian $63,390 · Employment 2,040
- Real Estate Brokers Salary in MOMedian $62,280 · Employment 1,980
- Real Estate Brokers Salary in ORMedian $63,070 · Employment 1,670
- Real Estate Brokers Salary in NCMedian $52,830 · Employment 1,560
- Real Estate Brokers Salary in VAMedian $77,270 · Employment 1,500
- Real Estate Brokers Salary in NJMedian $111,390 · Employment 1,290
- Real Estate Brokers Salary in MIMedian $82,510 · Employment 1,150
- Real Estate Brokers Salary in ILMedian $62,540 · Employment 990
Related careers
- Credit Authorizers, Checkers, and ClerksNational median $50,080
- Credit AnalystsNational median $83,510
- Credit CounselorsNational median $52,230
- Counter and Rental ClerksNational median $41,300
- New Accounts ClerksNational median $47,670
- Personal Financial AdvisorsNational median $105,070
- Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and TravelNational median $69,990
- Loan Interviewers and ClerksNational median $50,020
Career and skills data: O*NET 31.0 (onetcenter.org). Salary and employment data: U.S. Bureau of Labor Statistics OEWS, 2025 (bls.gov/oes). Figures are published survey estimates, not real-time market data.