Real Estate Brokers Jobs Pay in Grand Rapids-Wyoming-Kentwood, MI
Average Hourly Pay
$48.21
50.7%Above national average
Range: $45.91 – $50.50
Average Annual Pay
$100,267
50.7%Above national average
Range: $95,493 – $105,042
Real Estate Brokers Salary Range in Grand Rapids-Wyoming-Kentwood, MI
Your level of experience is a key factor in determining your earning potential. Here's what you can expect at different career stages:
Entry Level
0-2 years
Hourly Rate
$40.98/hr
Range: $39.02 – $42.92
Annual Rate
$85,227
Range: $81,169 – $89,286
Mid level
3-5 years
Hourly Rate
$48.21/hr
Range: $45.91 – $50.50
Annual Rate
$100,267
Range: $95,493 – $105,042
Senior level
6+ years
Hourly Rate
$55.44/hr
Range: $52.80 – $58.07
Annual Rate
$115,307
Range: $109,817 – $120,798
Real Estate Broker Role and Responsibilities in Grand Rapids-Wyoming-Kentwood, MI
Real Estate Brokers professionals perform specialized duties that contribute to organizational success. They apply their skills and knowledge to meet job requirements and deliver quality results.
Responsibilities
- •Perform assigned duties efficiently
- •Follow company policies and procedures
- •Collaborate with team members
- •Maintain quality standards
- •Report issues to supervisors
- •Complete required training
Skills
- •Job-specific technical skills
- •Communication
- •Attention to detail
- •Time management
- •Teamwork
- •Adaptability
Qualifications
- •Relevant experience or education
- •Ability to meet job requirements
- •Background check may be required
- •Reliable transportation
FAQs about Real Estate Broker in Grand Rapids-Wyoming-Kentwood, MI
How much does a real estate broker make in Grand Rapids-Wyoming-Kentwood, MI?
The average real estate broker salary in Grand Rapids-Wyoming-Kentwood, MI is $48.21 per hour, or about $100,267 per year.
What is the typical pay range for real estate brokers in Grand Rapids-Wyoming-Kentwood?
Real estate brokers in Grand Rapids-Wyoming-Kentwood typically earn between $45.91 and $50.50 per hour, or $95,493 to $105,042 per year.
How does experience affect real estate broker pay in Grand Rapids-Wyoming-Kentwood?
Real estate broker pay generally increases with experience in Grand Rapids-Wyoming-Kentwood. Entry-level roles earn less than mid-career and senior roles, with senior pay reaching about $55.44 per hour.
Is real estate broker pay in Grand Rapids-Wyoming-Kentwood higher than the national average?
Yes. Real estate brokers in Grand Rapids-Wyoming-Kentwood are listed as earning 50.7% above the U.S. average for this role.
How does Grand Rapids-Wyoming-Kentwood compare to Michigan for real estate broker pay?
The average real estate broker salary in Michigan is $48.21 per hour, which is about the same than Grand Rapids-Wyoming-Kentwood.
How does Grand Rapids-Wyoming-Kentwood compare to nearby cities for real estate broker pay?
Grand Rapids-Wyoming-Kentwood can pay more or less than nearby cities depending on local demand, employer mix, and cost of living. Nearby salary comparisons on this page help show how real estate brokers pay varies across the region.
What does a real estate broker do in Grand Rapids-Wyoming-Kentwood, MI?
Real estate brokers in Grand Rapids-Wyoming-Kentwood, MI typically perform assigned duties efficiently, follow company policies and procedures, and collaborate with team members.
What skills and qualifications are common for real estate brokers?
Common qualifications for real estate brokers include relevant experience or education, ability to meet job requirements, and background check may be required. Important skills often include job-specific technical skills, communication, and attention to detail.
