Real Estate Agent Salary in Canada - Average Salary (2024)

Salary rate

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Biweekly

Weekly

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Real Estate Agent Salary in Canada - Average Salary (1)

Real Estate Agent Salary in Canada - Average Salary (2)

How much does a Real estate agent make in Canada?

$100,000

/ Annual

Based on 835 salaries

The average real estate agent salary in Canada is $100,000 per year or $51.28 per hour. Entry-level positions start at $75,952 per year, while most experienced workers make up to $136,750 per year.

Median

$100,000

Real Estate Agent Salary in Canada - Average Salary (3)

Low

$75,952

High

$136,750

Related salaries

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Toronto, Ontario

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FAQs

Real Estate Agent Salary in Canada - Average Salary? ›

Find out what the average Realtor salary is

How much does an average real estate agent make in Canada? ›

Real Estate Agent salaries in Canada

The estimated total pay for a Real Estate Agent is $112,681 per year, with an average salary of $70,902 per year.

How much does a beginner real estate agent make in Ontario? ›

While ZipRecruiter is seeing salaries as high as $175,500 and as low as $21,500, the majority of First Year Real Estate Agent salaries currently range between $60,000 (25th percentile) to $114,000 (75th percentile) with top earners (90th percentile) making $138,500 annually in Ontario.

How much does a Realtor make in Canada reddit? ›

Being a realtor is a tough gig. A good year you can make 300K yes, but many of my realtor friends made about 50-75K in 2023, which isn't really enough to support a family in my city. It's not a job like being a cop where you can expected annual raises and security after retirement.

What is the average salary for a Realtor in Toronto? ›

The average salary for Realtor is $115,162 per year in the Toronto, ON. The average additional cash compensation for a Realtor in the Toronto, ON is $50,196, with a range from $15,423 - $163,374. Salaries estimates are based on 106 salaries submitted anonymously to Glassdoor by Realtor employees in Toronto, ON.

Do realtors make a lot of money in Canada? ›

With a 2.5% commission and a national average home price of $677,775, the average commission of a home sold in Canada will be $16,944 per agent. The agent will only keep about 70% of this, for a net commission of $11,860. There are 135,000 Canadian real estate agents and brokers, and 682,900 homes sold per year.

Is becoming a Realtor worth it in Canada? ›

One of the most attractive aspects of a career as a real estate agent is the unlimited income potential. Unlike many professions, where earnings are capped, real estate agents enjoy the benefit of earning as much as they can work for, often saving money through lucrative deals.

Where do realtors make the most money? ›

The highest-paying states for real estate brokers

According to GlassDoor, the top five states with the highest real estate broker salaries are New York, California, Nevada, Iowa, and Arizona.

How much does a Realtor make in Vancouver? ›

The average salary for a Real estate agent is $76,542 in Vancouver, BC.

What do most real estate agents make their first year? ›

First Year Real Estate Agent Salary in California. $59,200 is the 25th percentile. Salaries below this are outliers. $98,700 is the 75th percentile.

How much do you get paid in the MLS in Canada? ›

The estimated salary for a Medical Laboratory Scientist is $64,354 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Is there a demand for real estate agents in Canada? ›

Over the period 2022-2031, the number of job openings (arising from expansion demand and replacement demand) for Real estate agents and salespersons are expected to total 54,000, while the number of job seekers (arising from school leavers, immigration and mobility) is expected to total 44,900.

What's the difference between a realtor and a real estate agent Canada? ›

Answer: While both terms are often used interchangeably, a realtor in Canada is a licensed agent who is a member of the Canadian Real Estate Association (CREA).

What is the average salary to buy a house in Toronto? ›

Prospective homebuyers in Vancouver, British Columbia, and Toronto, Ontario, needed an annual income of over 200,000 Canadian dollars in 2023 to qualify for the average priced home.

How much do real estate agents make in Ontario per sale? ›

This means that the average commission for an individual realtor in Ontario is 2.5% of the final sale price. For home buyers, a real estate agent's services are technically free unless your house gets sold. In a similar vein, the agent is only paid by the seller if and when the house is sold.

What is the average salary of a realtor in us? ›

Realtor Salary
Annual SalaryMonthly Pay
Top Earners$141,000$11,750
75th Percentile$125,000$10,416
Average$105,647$8,803
25th Percentile$79,500$6,625

How profitable is real estate in Canada? ›

Profitable Investment Opportunities: The Canadian real estate market has expanded steadily throughout the years. It provides investors with a secure and appealing environment in which to build long-term wealth. Diversification: You may diversify your investing portfolio by purchasing real estate.

Where in Canada do real estate agents make the most money? ›

Highest paying cities for Real Estate Agents near Canada
  • Ottawa, ON. $152,251 per year.
  • Hamilton, ON. $150,763 per year.
  • Markham, ON. $145,470 per year. 32 salaries reported.
  • Greater Toronto Area, ON. $130,527 per year.
  • Mississauga, ON. $124,871 per year.
  • Show more nearby cities.

Are real estate agents in demand in Canada? ›

Over the period 2022-2031, the number of job openings (arising from expansion demand and replacement demand) for Real estate agents and salespersons are expected to total 54,000, while the number of job seekers (arising from school leavers, immigration and mobility) is expected to total 44,900.

What are the highest paid jobs in Canada? ›

The highest-paying jobs in Canada include medical positions like Surgeons, Physicians, Pathologists, Dentists, and Speech Therapists. Some high-paying jobs don't require a Degree or Diploma, like Firefighters, Pilots, and Police Officers.

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