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Real Estate Brokers Salary in Grand Rapids, MI

In the 2025 U.S. Bureau of Labor Statistics, OEWS dataset, Real Estate Brokers in Grand Rapids, MI have a median annual salary of $58,340. Recorded earnings range from $31,340 at the 10th percentile to $219,700 at the 90th percentile.

Source: U.S. Bureau of Labor Statistics, OEWS · Data year: 2025 · Last updated: 2026-09-22

Salary overview

Median annual salary

$58,340

Data year: 2025

Hourly median

$28.05

Employment

—

Source

U.S. Bureau of Labor Statistics, OEWS

Salary distribution

$31,340
10th
$45,330
25th
$58,340
Median
$75,980
75th
$219,700
90th

Local compared with national

Grand Rapids, MI

$58,340

Median annual · 2025

United States

$73,220

Median annual · 2025

The Grand Rapids, MI median is 20.3% below the national median in the available dataset (a difference of $14,880).

Top skills

  1. 1.NegotiationImportance 4.1
  2. 2.Reading ComprehensionImportance 4.0
  3. 3.Active ListeningImportance 4.0
  4. 4.SpeakingImportance 4.0
  5. 5.Active LearningImportance 4.0
  6. 6.Critical ThinkingImportance 3.9
  7. 7.PersuasionImportance 3.9
  8. 8.Judgment and Decision MakingImportance 3.5
  9. 9.WritingImportance 3.4
  10. 10.Social PerceptivenessImportance 3.4
  11. 11.Service OrientationImportance 3.4
  12. 12.CoordinationImportance 3.1

Career information

Education and experience

Experience
None
Job zone
4

Technology used

  • Adobe Photoshop
  • AMTdirect
  • AppFolio Property Manager
  • Deep Forest Systems OnCite
  • Domin-8 Enterprise Solutions Tenant Pro
  • Enterprise Software Systems CRE Sync
  • Facebook
  • 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
  • Microsoft Excel

Common tasks

  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • 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.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
  • Appraise property values, assessing income potential when relevant.

Related careers

Occupations recorded as related in the dataset. A relationship does not imply a guaranteed transition.

Real Estate Brokers salary in other locations

Other occupations in Grand Rapids, MI