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Real Estate: Salaries
- Pay in real estate depends greatly on what you do. Some of
the wealthiest people in the world have made it in the world of
real estate. But, for
most of us, salaries are lower. In a recent survey the median salary of property and
real estate managers was $57,000 a year. However, many made more than
$100,000 a year. This is a business where you can make good money with hard
work and a little luck. Your responsibility matters too. For example,
the median salary of property managers responsible for shopping malls is close to $120,000 and the
median salary of those who manage office buildings was $150,000. Salaries
in real estate sales are very difficult to characterize. It is said that
one in thirteen Californians has a real estate sales license; but most do
not make any money in a given year. That said, full-time, hard working
sales people in real estate can make $90,000 a year after being in
business long enough to build up a client base. Many agents make more than $500,000 a year, but this is the exception
not the rule.
Some further salary data as of 2009:
| Position |
Median Salary |
| Residential Property Manager
| $65,000
|
| Residential Real Estate Agent
| $54,000
|
| Financial Analyst in a Real Estate Company
| $60,000
|
| Project Manager
| $90,000
|
| Mortgage Lender
| $110,000
|
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