Real Estate Broker Salary in Phoenix, Arizona

How much does a Real Estate Broker make in Phoenix, AZ?

As of April 01, 2025, the average annual salary for a Real Estate Broker in Phoenix, AZ is $99,215. According to Salary.com, salaries can range from a low of $78,480 to a high of $125,373, with most professionals earning between $88,362 and $112,907.

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Salary range for a Real Estate Broker

$88,362 to $112,907

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What is a Real Estate Broker?

A Real Estate Broker, real estate agent or realtor is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually work under a licensed broker to represent clients. Brokers and agents are licensed by the state to negotiate sales agreements and manage the documentation required for closing real estate transactions. In North America, some brokers and agents are members of the National Association of Realtors (NAR), the largest trade association for the industry. NAR members are obligated by a code of ethics that go above and ...

Source: Wikipedia (as of 09/06/2019). Read more from Wikipedia

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What does a Real Estate Broker do?

Common responsibilities of a Real Estate Broker

Participate in Brokerage Team Meetings and weekly sales meetings to update colleagues on leasing activity, market information, new business generating efforts, prospects and market knowledge and trends.

November 01, 2022

Manage property tours with industry colleagues and prospects, creating a professional and engaging tour experience that features the benefits and appeal of our portfolio assets.

January 03, 2023

Build long-term relationships with current and future property owners and property management company.

January 12, 2023

Develop new opportunities within specific geographies served by our team to ensure growth for our business.

April 14, 2023

Prepare annual budgets and review monthly financial reports for individual portfolio properties and provide to owners monthly and quarterly.

April 16, 2023

Assist Brokerage team with all market related research including but not limited to rental rate trends, sales comparable information, new self storage development (recent, planned and under construction).

April 18, 2023

Provide world class customer service to clients to ensure their satisfaction and trust and increase sales volume.

May 07, 2023

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Real Estate Broker Salary By Experience Levels in Phoenix, AZ

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Real Estate Broker Salary By Level of Education in Phoenix, AZ

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Real Estate Broker in Phoenix, AZ

Average Base Salary

Core compensation

88362

112907

99215

Average Total Cash Compensation

Includes base and annual incentives

93367

125587

107005

What is the average salary for Real Estate Broker in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Real Estate Broker in Phoenix, AZ. The base salary for Real Estate Broker ranges from $88,362 to $112,907 with the average base salary of $99,215. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,367 to $125,587 with the average total cash compensation of $107,005.

View Average Salary for Real Estate Broker as table

	Average Salary	Average Salary Range
Base Salary	$99,215	$88,362 - $112,907
Bonus	$7,790	$5,005 - $12,680
Total Pay	$107,005	$93,367 - $125,587

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Real Estate Broker Salary Near Phoenix, AZ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Phoenix, AZ
CITY, STATE Glendale, AZ	AVERAGE SALARY RANGE $88,362 - $112,907	COMPARE TO Phoenix, AZ 0%
CITY, STATE Peoria, AZ	AVERAGE SALARY RANGE $88,183 - $112,678	COMPARE TO Phoenix, AZ
CITY, STATE Tempe, AZ	AVERAGE SALARY RANGE $88,380 - $112,930	COMPARE TO Phoenix, AZ
CITY, STATE Sun City, AZ	AVERAGE SALARY RANGE $88,004 - $112,450	COMPARE TO Phoenix, AZ
CITY, STATE Scottsdale, AZ	AVERAGE SALARY RANGE $88,380 - $112,930	COMPARE TO Phoenix, AZ
CITY, STATE Avondale, AZ	AVERAGE SALARY RANGE $88,120 - $112,598	COMPARE TO Phoenix, AZ

See salaries for Real Estate Broker in locations close to Phoenix, AZ. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Phoenix, Arizona

Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to the north. By car, the city is approximately 150 miles (240 kilometers) north of the US-Mexico border at Sonoyta and 180 mi (290 km) north of the border at Nogales. The metropolitan area is known as the "Valley of the Sun" due to its location in the Salt River Valley. It lies at a mean elevation of 1,086 feet (331 m), in the northern reaches of the Sonoran Desert. Other than the mountains in and around the city, the topography of Phoenix is gener...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Real Estate Managing Broker	LOCATION Phoenix, AZ	MINIMUM SALARY $88,362	MAXIMUM SALARY $112,907
JOB TITLE Associate Real Estate Broker	LOCATION Phoenix, AZ	MINIMUM SALARY $86,440	MAXIMUM SALARY $117,938
JOB TITLE Commercial Real Estate Broker	LOCATION Phoenix, AZ	MINIMUM SALARY $72,938	MAXIMUM SALARY $98,453
JOB TITLE Residential Real Estate Broker	LOCATION Phoenix, AZ	MINIMUM SALARY $95,012	MAXIMUM SALARY $124,495
JOB TITLE Real Estate Broker Assistant	LOCATION Phoenix, AZ	MINIMUM SALARY $84,165	MAXIMUM SALARY $108,074
JOB TITLE Real Estate Broker Manager	LOCATION Phoenix, AZ	MINIMUM SALARY $110,113	MAXIMUM SALARY $139,108

The Real Estate Broker job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Phoenix, AZ that might be a good fit for the type of job and salary you are looking for.

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