Offices of Real Estate Agents and Brokers — Average Employee Salary
The average employee in the offices of real estate agents and brokers industry earns $85,046 per year ($40.89/hour), according to Bureau of Labor Statistics QCEW data.
What Do Offices of Real Estate Agents and Brokers Workers Earn?
At $85,046/year (equivalent to $40.89/hour for a full-time worker), offices of real estate agents and brokers wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical offices of real estate agents and brokers business employs 2 people. Most operations are small — often owner-operated with a handful of staff. Labor costs are manageable relative to revenue.
Wages as a Percentage of Revenue
For the average offices of real estate agents and brokers business generating $880K/year with 2 employees at $85,046 each, total payroll represents roughly 19.3% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a offices of real estate agents and brokersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $110,560/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 2 employees = ~$170,092/year in base payroll.
- Hourly equivalent: $40.89/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $880K/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Offices of Real Estate Agents and Brokers revenue benchmarks →Frequently Asked Questions
- How much do offices of real estate agents and brokers employees make?
- The average offices of real estate agents and brokers employee earns $85,046 per year, which is equivalent to $40.89/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the offices of real estate agents and brokers industry?
- The offices of real estate agents and brokers industry employs 355,726 workers across 162,685 establishments in the United States. The average business in this industry has approximately 2 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).