The earning potential of a realtor depends on her duties, the area market and how much she works. The term "realtor" can describe either a real estate sales agent or a broker who buys and sells any type of real estate.
Real Estate Brokers
According to the US Department of Labor, the average real estate broker in Ohio had an hourly mean wage of $39.31 and an annual mean wage of $81,760 as of May 2009. The lowest 10 percent of brokers made $13.24 an hour and $27,530 a year, while the highest 10 percent of brokers made more than $80 an hour and $166,400 a year.
Real Estate Sales Agents
As of May 2009, the average real estate sales agent in Ohio had an hourly mean wage of $23.66 and an annual mean wage of $49,220. The lowest 10 percent of agents made $10.05 an hour and $20,900 a year, while the highest ten percent of brokers made $44.96 an hour and $93,520 a year.
Averaging the wages of 750 real estate brokers and 2,420 real estate sales agents in Ohio, the average hourly wage was $27.36 and the average annual wage was $56,918.74 as of May 2009.
- Photo Credit Large New Ohio Home image by Shannon Workman from Fotolia.com
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