How Much Does a Residential Real Estate Agent Make in New Mexico?

Updated April 24, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$104,704/yr
Average Base Pay
Low $88,585
Average $104,704
High $120,556
The average salary for Residential Real Estate Agent is $104,704 per year in New Mexico.

Related Job Titles to Residential Real Estate Agent

Real Estate Sales Agent
$42,670
New Mexico
Per Year
Appraiser (Residential Real Estate)
$54,699
New Mexico
Per Year
Appraiser Sr. (Residential Real Estate)
$83,102
New Mexico
Per Year
Residential Real Estate Broker
$93,208
New Mexico
Per Year

Similar Job Salaries to Residential Real Estate Agent by Company

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Company average base salary in (usd) range
$107,171/yr
$79,243
$135,099
RANGE: $79,243 - $135,099
Keller Williams Realty
Real Estate Agent
$74,356/yr
$60,294
$88,419
RANGE: $60,294 - $88,419
Vylla Home Inc.
Real Estate Agent
$107,171/yr
$79,243
$135,099
RANGE: $79,243 - $135,099
Showami
Showing Agent - Real Estate
$188,696/yr
$141,224
$236,169
RANGE: $141,224 - $236,169

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Top 10 Highest Paying Cities For Residential Real Estate Agent Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Residential Real Estate Agent can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Residential Real Estate Agent job salaries in New Mexico. Some cities can pay higher salaries for Residential Real Estate Agent jobs, which can indicate that there is a large demand for Residential Real Estate Agent positions in this city.
The following table shows top 10 cities where the Residential Real Estate Agent salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Residential Real Estate Agent salary is $107,316 in Santa Fe, which is lower than the national average. There is 0 city's Residential Real Estate Agent salary higher than national average in New Mexico.
The average salary for a Residential Real Estate Agent in New Mexico is $104,704, but we found that the city with the highest salary for Residential Real Estate Agent jobs is Santa Fe, NM, and it is higher than Albuquerque. Residential Real Estate Agent jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $107,316 $8,943 $2,064 $52
Albuquerque $106,749 $8,896 $2,053 $51
Rio Rancho $106,408 $8,867 $2,046 $51
Farmington $105,386 $8,782 $2,027 $51
Clovis $101,411 $8,451 $1,950 $49
Alamogordo $101,298 $8,441 $1,948 $49
Hobbs $100,503 $8,375 $1,933 $48
Roswell $99,594 $8,300 $1,915 $48
Sunland Park $98,913 $8,243 $1,902 $48
Las Cruces $98,345 $8,195 $1,891 $47

What Does a Residential Real Estate Agent Do?

If you’re on your way to being an agent, you’ll want to understand the distinction between Commercial Real Estate vs Residential Real Estate.
Updated October 04, 2021
Google "how to become a real estate agent," as they consider joining the nation's estimated 2 million active real estate licensees.
Updated December 19, 2021
Residential agents tend to earn smaller commissions (on much smaller sales compares to commercial deals) and tend to work for agents vs being their own broker.
Updated December 18, 2021
Keep in mind that you’re not allowed to work as a real estate agent before your license is issued by the state’s real estate authority—so hold off until you have that license in your hand.
Updated December 16, 2021
It also doesn’t explain the difference between residential and commercial real estate and how responsibilities differ for each.
Updated December 14, 2021

Frequently Asked Questions About a Residential Real Estate Agent Salaries

What is the average of a Residential Real Estate Agent in New Mexico?

The Residential Real Estate Agent salary range is from $88,585 to $120,556, and the average Residential Real Estate Agent salary is $104,704/year in New Mexico. The Residential Real Estate Agent's salary will change in different locations.

Which location pays the highest Residential Real Estate Agent salary in the United States?

The Residential Real Estate Agent salary in San Jose, CA is $142,521 which is the highest in the US.

What kinds of reasons will influence the Residential Real Estate Agent'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 Residential Real Estate Agent.

What is the growth rate of the Residential Real Estate Agent's salary?

If you are thinking of becoming a Residential Real Estate Agent or planning the next step in your career, find the detailed salary report of a Residential Real Estate Agent.