The Average Income of a Realtor

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Realtors act as agent for home buyers and sellers.
Realtors act as agent for home buyers and sellers. (Image: new home for sale image by itsallgood from Fotolia.com)

Realtors and real estate brokers specialize in transactions of real property. These workers must be licensed in the state in which they work, and can specialize in dealing with commercial, residential or industrial properties. Realtor salaries are highly dependent on the strength of the real estate market and the economy as a whole, and salaries vary widely.

Realtor - Sales Agent Averages

Real estate sales agents buy or sell property on behalf of clients and usually work in a real estate brokerage headed by one or more licensed brokers. About 151,550 people worked as real estate sales agent in 2009, according to the Bureau of Labor Statistics, earning a national average wage of about $25.53 per hour, or $53,100 per year. The highest 10 percent of earners made about $46.35 per hour, or $96,410 per year, while the lowest 10 percent made about $10 per hour, or $27,370 per year.

Realtor - Sales Agent by Industry

The Bureau of Labor Statistics reports that the "offices of real estate agents and brokers" sector of the industry had the highest number of sales agents in 2009, with the 54,620 workers employed in this sector earning an average salary of $26.32 per hour, or $54,740 per year. The second-most common industry for these workers, "lessors of real estate," employed about 34,270 sales agents, who earned an average salary of $22.15 per hour, or about $46,070 per year.

Realtor - Broker Averages

Real estate brokers operate and manage real estate officers or work for commercial real estate companies. The Bureau of Labor Statistics reports that about 48,380 people worked in this capacity in 2009, earning an average salary of about $37.68 per hour, or $78,360 per year. The top 10 percent of earners made an average of over $80 per hour, or more than $166,400 per year, while the lowest 10 percent made an average of about $12.09 per hour, or about $25,140 per year.

Realtor - Broker by Industry

Not surprisingly, the "offices of real estate agents and brokers" had the highest number of real estate brokers employed in it in 2009, according to the Bureau of Labor Statistics. These brokers earned an average of $37.49 per hour, or $77,990 per year. Those employed in the second-most common industry sector, "activities related to real estate" earned an average of $35.70 per hour, or about $74,250 per year.

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