Real Estate Broker Salary at Lux Realty BETA

How much does a Lux Realty Real Estate Broker make?

As of April 2025, the average annual salary for a Real Estate Broker at Lux Realty is $83,349, which translates to approximately $40 per hour. Salaries for Real Estate Broker at Lux Realty typically range from $67,219 to $100,476, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

LUX Realty Overview

Website:
luxrealty.com
Size:
<25 Employees
Revenue:
$10M - $50M
Industry:
Business Services

LUX Realty is a Hotel Real Estate brokerage firm, offering commercial real estate asset management and residential real estate services . It offers specialized, full service asset and property management services for Parking Garages, Office and Industrial assets through its wholly affiliated asset management firm, LUX Partners LLC. LUX Realty is based in Portland Maine.

See similar companies related to Lux Realty

What Skills Does a person Need at Lux Realty?

At Lux Realty, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Coaching: Coaching is a form of development in which an experienced person, called a coach, supports a learner or client in achieving a specific personal or professional goal by providing training and guidance.
  2. Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Lead Generation: In marketing, lead generation (/ˈliːd/) is the initiation of consumer interest or enquiry into products or services of a business. Leads can be created for purposes such as list building, e-newsletter list acquisition or for sales leads. The methods for generating leads typically fall under the umbrella of advertising, but may also include non-paid sources such as organic search engine results or referrals from existing customers. Leads may come from various sources or activities, for example, digitally via the Internet, through personal referrals, through telephone calls either by the company or telemarketers, through advertisements, and events. A 2015 study found that 89% of respondents cited email as the most-used channel for generating leads, followed by content marketing, search engine, and finally events. A study from 2014 found that direct traffic, search engines, and web referrals were the three most popular online channels for lead generation, accounting for 93% of leads.
  5. CRM: Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.

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Check more jobs information at Lux Realty

Job Title Average Lux Realty Salary Hourly Rate
2 Principal $96,515 $46
3 Principal Broker $208,925 $100
4 Broker $74,845 $36

Hourly Pay at Lux Realty

The average hourly pay at Lux Realty for a Real Estate Broker is $40 per hour. The location, department, and job description all have an impact on the typical compensation for Lux Realty positions. The pay range and total remuneration for the job title are shown in the table below. Lux Realty may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $83,349 look to you?

FAQ about Salary and Jobs at Lux Realty

1. How much does Lux Realty pay per hour?
The average hourly pay is $40. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Lux Realty?
According to the data, the highest approximate salary is about $100,476 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Lux Realty?
According to the data, the lowest estimated salary is about $67,219 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.