Broker Of Record Salaries in Minnesota
How Much Does a Broker Of Record Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Broker Of Record in Minnesota is $38,978.
While Salary.com is seeing that Broker Of Record salary in MN can go up to $46,978
or down to $31,906, but most earn between $35,276 and $43,166.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Broker Of Record
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Similar Job Salaries to Broker Of Record by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Keller Williams Realty Centres
Broker of Record
|
$147,662/yr
|
RANGE: $113,235 - $182,088
|
|
Modus Closing
Broker of Record
|
$120,005/yr
|
RANGE: $99,575 - $140,435
|
|
AMF
League Record Servicer
|
$58,062/yr
|
RANGE: $50,262 - $65,862
|
|
Minnesota Department of Transportation
Electrician Master Record
|
$74,434/yr
|
RANGE: $64,618 - $84,251
|
|
The Judge Group
Medical Record Retrieval Specialist
|
$68,431/yr
|
RANGE: $58,289 - $78,573
|
|
Bowlero Corp
LEAGUE RECORD SERVICER
|
$108,279/yr
|
RANGE: $75,354 - $141,203
|
|
State of Minnesota
Electrician Master Record
|
$76,607/yr
|
RANGE: $66,406 - $86,808
|
|
Internet Brands
Medical Record Specialist
|
$67,924/yr
|
RANGE: $57,915 - $77,934
|
Top 10 Highest Paying Cities For Broker Of Record Jobs in Minnesota
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Broker Of Record can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Broker Of Record job salaries in Minnesota.
Some cities can pay higher salaries for Broker Of Record jobs, which can indicate that there is a large demand for Broker Of Record positions in this city.
The following table shows top 10 cities where the Broker Of Record salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Broker Of Record salary is $39,865 in Minneapolis,
which is higher than the national average. There are 7 cities' Broker Of Record salary higher than national average in Minnesota.
The average salary for a Broker Of Record in Minnesota is $38,978,
but we found that the city with the highest salary for Broker Of Record jobs is Minneapolis, MN, and it is higher than Saint Paul.
Broker Of Record jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $39,865 | $3,322 | $767 | $19 |
| Saint Paul | $39,865 | $3,322 | $767 | $19 |
| Minnetonka | $39,865 | $3,322 | $767 | $19 |
| Eden Prairie | $39,797 | $3,316 | $765 | $19 |
| Burnsville | $39,751 | $3,313 | $764 | $19 |
| Lakeville | $39,614 | $3,301 | $762 | $19 |
| Rochester | $38,185 | $3,182 | $734 | $18 |
| Saint Cloud | $37,576 | $3,131 | $723 | $18 |
| Duluth | $36,536 | $3,045 | $703 | $18 |
What Does a Broker Of Record Do?
Once the broker of record letter has been accepted by the insurance carrier, or carriers, this formally starts the new brokerage relationship and ends the relationship with the prior broker.
Updated December 12, 2021
If you've never been asked to sign a Agent of Record or Broker of Record Letter its more than likely because you have never had a conflict with your current agent or you've dealt with competing agents who had separate and distinct insurance companies.
Updated October 27, 2021
The broker of record must follow arbitration policies to investigate disputes and assist with resolutions.
Updated December 22, 2021
The broker-dealer must be able to immediately provide any facsimile enlargement of the record that the SEC, SRO or state securities regulator may request.
Updated December 18, 2021
The broker of record collects and distributes commissions to licensees, according to the brokerage's compensation schedule and policies, as well as each individual licensee’s commission agreement.
Updated December 16, 2021
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Explore JobArchitectFrequently Asked Questions About a Broker Of Record Salaries
What is the average of a Broker Of Record in Minnesota?
The Broker Of Record salary range is from $35,276 to $43,166, and the average Broker Of Record salary is $38,978/year in Minnesota.
The Broker Of Record's salary will change in different locations.
Which location pays the highest Broker Of Record salary in the United States?
The Broker Of Record salary in San Jose, CA is $48,043
which is the highest in the US.
What kinds of reasons will influence the Broker Of Record's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Broker Of Record.
What is the growth rate of the Broker Of Record's salary?
If you are thinking of becoming a Broker Of Record or planning the next step in your career, find the detailed salary report of a Broker Of Record.
