Real Estate Broker Salary in Los Angeles, CA ()
Updated 49 days ago · 24 observed active listings
In negotiating your offer as a Real Estate Broker in Los Angeles, understanding the local salary landscape is crucial. The trimmed average salary of $71,987 suggests a competitive market driven by high demand, as evidenced by the 24 open positions. The significant salary range from $20,000 to $140,000 indicates a diverse hiring landscape reflecting varying levels of experience and specialization in the real estate sector.
Salary Distribution
Key Insights
- The wide P10–P90 spread ($20,000–$140,000) reflects the varying levels of experience and performance within the real estate market, with entry-level brokers potentially earning as low as $20,000, whereas highly experienced brokers can command salaries at the upper end of the spectrum.
- The presence of multiple employers, including Jobot and Kingdom Homes, signifies a competitive market environment where companies are willing to offer different salary packages to attract qualified candidates, particularly in a city known for its high cost of living.
- The concentration of real estate activity in Los Angeles, a city with continuous demand for housing and commercial space, drives up salaries as brokers play a crucial role in facilitating transactions, especially amidst ongoing housing developments.
- The gap between the 25th percentile ($40,000) and the 75th percentile ($100,000) indicates a significant variance in the level of expertise and client base brokers are managing; those in the higher percentile likely have established networks and advanced negotiation skills, justifying higher offers.
- Cost of living pressures in Los Angeles compel employers to offer more competitive salaries to attract brokers, as potential hires must consider housing costs and other living expenses in their compensation negotiations.
Current Real Estate Broker Jobs in Los Angeles
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Impact Housing · Arco Plaza, Los Angeles County$350,000 – $400,000
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Concord Summit Capital · Los Angeles, Los Angeles County$183,445 – $183,445
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Concord Summit Capital · Los Angeles, Los Angeles County$178,163 – $178,163
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Concord Summit Capital · Los Angeles, Los Angeles County$175,113 – $175,113
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EY · Pico Heights, Los Angeles County$171,937 – $171,937
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Kingdom Homes · Los Angeles, Los Angeles County$85,000 – $160,000
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Jobot · El Segundo, Los Angeles County$153,012 – $153,012
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Jobot · Los Angeles, Los Angeles County$119,676 – $119,676
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Branch Furniture · Los Angeles, Los Angeles County$118,256 – $118,256
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Kroger · Compton, Los Angeles County$111,635 – $111,635
Frequently Asked Questions
What is the average Real Estate Broker salary in Los Angeles, CA?
The average Real Estate Broker salary in Los Angeles, CA is $71,987 per year, with a range from $20,000 to $140,000.
How many Real Estate Broker jobs are available in Los Angeles?
There are currently 24 open Real Estate Broker positions in Los Angeles, CA.
What factors affect Real Estate Broker salaries in Los Angeles?
Real Estate Broker salaries in Los Angeles vary based on experience level, company size, industry sector, certifications, and demand. Cost of living in Los Angeles also plays a significant role in compensation levels.
Related Reading
Explore more about this market on the Jobs Jobs Jobs Research Blog:
- Revolutionizing Real Estate Hiring: Agents, Property Managers, and the Impact of PropTech
- Comprehensive Salary Guide for Data Analysts in San Francisco: 2023 Insights
- Streamlining Your Hiring Process: A Comprehensive Guide Leveraging Technology
- Streamlining the Hiring Process with AI: Transforming Recruitment for All Industries
Career Intelligence — Real Estate Broker in Los Angeles
Dig deeper: purchasing power, market demand, career growth potential, and the skills that move salaries at each level.
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