As of May 18, 2021, the average salary for a Broker Representative in the United States is $111,661 per year, which breaks down to an hourly rate of $54.
However, a Broker Representative's salary can vary significantly. Here’s a look at the typical salary range:
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A Broker Representative's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Broker Representative's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Account M... Level Broker Representative | $66,541 |
| Account M... Level Broker Representative | $80,078 |
| Broker Re... Level Broker Representative | $101,216 |
| Account M... Level Broker Representative | $127,782 |
| Account M... Level Broker Representative | $158,666 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Broker Representatives. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Presentation | 6.45% |
| Salesforce | 2.37% |
| Outside Sales | 1.71% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Coaching
|
$116,127 |
4%
|
|
Customer Success
|
$116,127 |
4%
|
|
Project Management
|
$116,127 |
4%
|
|
Leadership
|
$116,127 |
4%
|
|
Client Service
|
$115,011 |
3%
|
|
Business Development
|
$115,011 |
3%
|
Your level of education can impact your salary potential. While many Broker Representatives enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Broker Representative with a Associate's Degree is between $99,900 and $108,526).
Broker Representative Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.7% |
| High School | 10.2% |
| Associates | 7.5% |
| Bachelors | 65.7% |
| Masters | 15.4% |
| Doctorate | 0.5% |
Understanding how a Broker Representative's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021Salaries for a Broker Representative can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $92,112 in 2023 to around $92,303 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Broker Representative salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $92,112 |
| 2024 | $92,942 |
| 2025 | $92,303 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Broker Representative and their salaries, click below for more details.
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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