Highest Paying Jobs in Real Estate

By PropertyClub Team
Dec 23rd 2023
As we look ahead to 2024, the real estate market continues to evolve, presenting new and exciting job prospects. In this article, we will explore the 15 highest-paying jobs in real estate, shedding light on the roles, responsibilities, and income potential associated with each.

hash-markReal Estate Attorney

Real estate attorneys specialize in property law, assisting clients with legal matters related to buying, selling, or leasing real estate. Real estate attorneys typically earn a salary or hourly fee for their services. The median annual salary for lawyers is $161,920, according to Salary.com.

hash-markReal Estate Developer

Real estate developers are responsible for identifying opportunities, acquiring properties, securing financing, and overseeing the construction of residential or commercial projects. 

They earn substantial profits through property development, with incomes often reaching seven figures or more, depending on the scale of the projects they undertake. The median annual salary for real estate developers is $149,408, according to Glassdoor.

hash-markReal Estate Investor

Real estate investors buy, sell, and rent real estate properties for profit. They may invest in residential real estate, commercial real estate, or both.

Real estate investors can earn a high income, but it's important to note that real estate investing is a risky business. Real estate values can fluctuate over time, and there is always the potential to lose money. The average income of a Real Estate Investor is $139,851, as reported by ZipRecruiter. 

hash-markReal Estate Broker

Real estate brokers are licensed professionals who help clients buy and sell real estate. They may work on their own or for a real estate brokerage firm.

Real estate brokers typically earn a commission on the properties they sell. The median annual salary for real estate brokers is $117,027, according to the BLS. However, top-producing real estate brokers can earn much more.

hash-markReal Estate Portfolio Manager

Portfolio managers oversee real estate investment portfolios, ensuring that assets are properly allocated and managed to meet investors' goals. Their income includes a base salary and performance-based bonuses, with high-achievers earning significant compensation. The median annual salary for lawyers is $114,829, according to Salary.com. 

hash-markProperty Manager

Property managers are responsible for the day-to-day operations of rental properties. They may work for property management companies, individual landlords, or both.

Property managers typically earn a salary or commission on the rent they collect. The median annual salary for property managers is $109,649, according to Salary.com.

hash-markReal Estate Agent

Real estate agents are licensed professionals who work under the supervision of a real estate broker. They help clients buy and sell real estate, but they do not have the same level of authority as a broker.

Real estate agents typically earn a commission on the properties they sell. The median annual salary for real estate agents is $106,048, according to Glassdoor. 

hash-markReal Estate Development Director

Real estate development directors oversee real estate development projects. They are responsible for managing the project from start to finish, including acquiring land, securing financing, negotiating contracts, and overseeing construction. The median annual salary for real estate development directors is $104,251, according to Salary.com.

hash-markCommercial Real Estate Broker

Commercial real estate brokers specialize in leasing, buying, or selling commercial properties. They earn commissions based on transaction value, and successful brokers can make substantial incomes.

The median annual salary for commercial real estate brokers is $97,656, according to Salary.com. However, top-producing commercial real estate brokers can earn much more.

hash-markReal Estate Asset Manager

Asset managers are responsible for maximizing the value and performance of real estate assets. Their income is tied to the assets they manage, with experienced asset managers earning substantial salaries and bonuses. The median annual salary for real estate asset managers is $90,432, according to Salary.com.

hash-markReal Estate Investment Trust (REIT) Manager

REIT managers oversee portfolios of income-generating properties on behalf of investors. They make strategic decisions to maximize returns and are compensated through fees and a share of profits. 

REIT managers typically earn a salary and bonus. The median annual salary for REIT managers is $86,622, according to ZipRecruiter. 

hash-markMortgage Loan Officer

Mortgage loan officers help borrowers qualify for mortgages. They work for banks, credit unions, and other financial institutions.

Mortgage loan officers typically earn a salary or commission on the loans they originate. According to ZipRecruiter, the median annual salary for mortgage loan officers is $71,363.

hash-markReal Estate Appraiser

Appraisers determine the value of properties for various purposes, such as sales, refinancing, or taxation. Their income depends on the number of appraisals conducted and the property's value, with top appraisers earning high six-figure salaries. According to Indeed, the median annual salary for real estate appraisers is $65,141.

hash-markReal Estate Investment Analyst

Investment analysts assess real estate investments, conduct market research, and provide recommendations to investors. The median annual salary for real estate investment analysts is $64,253, according to Salary.com. 

hash-markHighest Paying Jobs in Real Estate FAQs

Why Are Real Estate Jobs So Highly Paid?

Real estate jobs are so highly paid because the real estate industry is a complex and competitive industry with a lot of money at stake. Real estate professionals play a vital role in helping people make sound investment decisions and navigate complex real estate transactions. This high level of responsibility and the competitive environment of the real estate industry drive up salaries for top-performing real estate professionals.

How do you find the highest paying jobs in real estate?

Here are some tips on how to find the highest-paying jobs in real estate:

  • Research different real estate jobs
  • Network with people in the real estate industry
  • Use online job boards (Indeed, Monster, and CareerBuilder)
  • Contact real estate companies directly

hash-markHighest Paying Jobs in Real Estate Bottom Line 

The real estate industry has long been considered a lucrative field, offering a wide range of opportunities to build rewarding careers and earn substantial incomes. The real estate industry offers a variety of high-paying jobs for people with a variety of skills and experience. If you're interested in a career in real estate, there are many different paths you can take.