Real estate brokers oversee property transactions and arrange deals on behalf of their clients.
Brokers in the top 10% earn $178,720 annually, while those in the lowest-earning 10% make about $23,600 a year. Brokers own brokerages, which employ real estate agents. They generally have more training than agents and handle more technical aspects of real estate transactions. But not all brokers take home the same paycheck. , the average annual salary for real estate brokers nationwide is $81,450, around $20,000 higher than the average agent's yearly wage.
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