How much does a real estate broker make?

A broker may compare nearby home sales, set a listing price, negotiate deal terms, and handle office details. They visit properties and meet clients, sometimes in evenings or on weekends.

Did you know? In the U.S., beginners may go weeks or even months without a sale, so a real-estate broker's income can be uneven.

In the U.S., finish high school or equivalent, take real-estate classes, and pass an agent exam, usually at 18. Then gain agent experience (at least two years in most states), take broker classes, and pass a broker exam; rules differ by state.

School needed: Usually a bachelor's degree

Good for people who like leading and selling and keeping things organized

Why does pay differ?

In the U.S., brokers often earn commissions, so income depends on closed deals, property type and price, and how the commission is divided with the firm or other brokers. Experience, local demand, and time spent finding clients also matter; beginners may go weeks or months without a sale.