Today there are more than 5 million people working in various parts of the real estate industry in the United States. Real estate has many wide-ranging career opportunities associated with it, both directly and indirectly. Many real estate jobs require licensing—such as a real estate license, continuing education, or other certifications or degrees. Below we outline the different types of real estate jobs available today, as well as the typical real estate salary or income associated with each. (Editor’s note: This blog post was updated in August 2019 to reflect the most current salary statistics.)
Types of real estate careers available
Real estate careers can be associated with the financial side of the industry by way of a mortgage brokerage, loan processing, underwriting, credit analysis, foreclosure management, loan funding, and investment. There are also a number of important and high-paying jobs available on the title insurance, appraisal, escrow, property management, and legal sides of the business, in addition to residential and commercial brokerage sales.
What can you expect from a real estate agent salary? Find out more in our free Real Estate Agent Income Guide.
30 real estate jobs and their salaries
Let’s take a look at the salary or income opportunity for thirty different real estate jobs available. In this context, the term “salary” might also include commissions and bonuses. The usual range, unless otherwise noted, includes salaries from the 25th to 75th percentiles:
- Appraiser (residential): The median annual salary is $53,673 with a salary range usually between $44,233 and $62,015.
- Appraiser (commercial): The median annual salary for an appraiser who works in the commercial sector is $100,109 with a range usually between $86,103 and $114,836.
- Commercial leasing manager: The median annual salary is $112,061 with a range usually between $84,508 and $156,055.
- Commercial real estate broker: The average annual salary is reported by Glassdoor.com to be $78,813, but annual incomes in this field can vary dramatically, going as high as several million dollars per year, depending upon the annual closings. Total pay usually falls between $38,170 and $196,775.
- Commercial real estate loan officer: The median annual salary nationally for a lower-level loan officer is $79,023 with a salary range between $68,313 and $91,133. A senior loan officer’s median salary is $136,794, The sale of just one multi-million dollar commercial property per year can generate over $63,000 in commission income alone.
- Community development manager: The median annual salary range is $111,881 with a range typically between $96,545 and $129,169.
- Compliance specialist: The median annual salary for an entry-level compliance specialist is $58,103 with the standard range between $51,837 and $66,220. More senior compliance specialists average $61,188 to $83,075, with a median of $71,289.
- Escrow officer: The median annual salary is $48,518 with a standard range between $39,269 and $58,825. Escrow company owners can earn several hundred thousand to well over a million dollars per year in income with enough steady escrow closing volume.
- Foreclosure specialist: The median reported annual salary is $43,054, typically ranging between $36,206 and $51,580.
- Land administration manager: The median annual salary is $162,828, typically ranging between $148,149 and $182,362.
- Leasing consultant: The median salary nationally, early in a consultant’s career, is $30,124, typically ranging between $27,226 and $33,442.
- Lease administrator: The median reported salary is $52,124 with incomes frequently ranging from $46,075 to $66,940.
- Lease administration manager: The median annual salary is $74,705 with incomes frequently ranging between $63,231 and $98,081.
- Mortgage collection manager: The median reported starting salary nationally is $81,079, typically ranging between $66,488 and $93,956.
- Mortgage credit analyst (Level I – newer employee): The median salary is $54,279; the typical range is $44,844 to $63,338. For a senior mortgage credit analyst, the median annual salary is $65,845, typically ranging between $58,506 and $73,430.
- Mortgage loan officer (Level I – starting level): The median annual salary is $42,507 for a newly employed loan officer with a typical range between $34,768 and $51,781. Median salary for a senior mortgage loan officer is $75,297.
- Mortgage loan processor (Level I): The median annual entry-level salary is $37,447 with ranges between $33,799 and $42,337.
- Mortgage loan processing manager: The median reported annual salary is $91,647 with most salaries ranging between $78,224 and $102,658.
- Real estate attorney: The median reported salary is $146,651; the standard range is $127,877 to $162,518.
- Real estate consultant: The median reported annual salary is $63,938 with a standard range between $54,948 and $75,453.
- Property manager: The median annual salary is $97,406; the standard range is $84,560 to $112,067.
- Residential property manager: The median reported annual salary is $57,983; the standard range is $50,517 to $65,450.
- Retail real estate manager: The median annual salary is $125,577; standard range is $105,515 to $145,539.
- Real estate zoning manager: The median annual salary is $112,397; standard range is $99,963 to $125,007.
- Real estate sales agent: The average annual income for a real estate agent in the U.S. is $41,736, with a standard range of $40,772 to $53,087, but top producers can earn far more.
- Real estate and relocation director: The average annual reported salary is $157,821 with a typical range of $134,183 to $196,392.
- Title examiner: The reported annual salary is $41,012 with a standard range of $38,038 to $43,866.
- Top mortgage loan servicing manager: The median annual salary is $155,633 with a typical range of $130,126 to $268,409.
- Top commercial real estate executive: The median reported annual salary is $291,479 with a standard range of $250,438 and $358,733. The job functions can include overseeing a commercial real estate firm’s agents as well as planning and directing policies and objectives for the entire firm.
- Top retail real estate executive: The median annual salary is $276,330; the standard range is $228,042 to $351,476.
How to get started in real estate
Ready to start a new and exciting career in real estate? If you’re interested in becoming a real estate agent, the first step is to take your real estate pre-licensing courses. We also recommend downloading the following free resources from our website, which will walk you through information on real estate licensing, income, and start-up costs:
- Career Guide: Is Real Estate Right For You?
- Real Estate Agent Income Guide
- Start-Up Costs and First-Year Costs for Real Estate Agents