How much does a Real Estate Broker make per Year? Average Real Estate Broker Salary Range

Real estate brokers and real estate sales agents together hold over 500,000 jobs in the US, thereby promising a good employment outlook. Real estate brokers usually own real estate firms and engage sales agents to help sell or rent the property. While brokers charge fees, sales agents get commissions in a deal. Other than managing the real estate business on their own, some brokers combine it with other sources, preferably an insurance agency. On an average, a real estate broker makes about $75,000 per year.