Licensed Realtor Salary in Minneapolis, Minnesota

How much does a Licensed Realtor make in Minneapolis, MN?

As of April 01, 2025, the average annual salary for a Licensed Realtor in Minneapolis, MN is $58,273. According to Salary.com, salaries can range from a low of $47,350 to a high of $70,552, with most professionals earning between $52,555 and $64,700.

Search Licensed Realtor Jobs in Minneapolis, MN

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Licensed Realtor

$52,555 to $64,700

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Licensed Realtor Salary:
Select State
Select City in MN
Choose Similar Job
Pick Related Category
View Cost of Living in Minneapolis, Minnesota

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Licensed Realtor

Review the job openings and experience requirements for the Licensed Realtor job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Licensed Realtor.

Search Licensed Realtor Job Openings

Job Openings for Licensed Realtor in Minneapolis, MN

What does a Licensed Realtor do?

Common responsibilities of a Licensed Realtor

Training and resources you need to grow.

April 11, 2023

Organized, resourceful, detail-oriented, with a friendly focus on customer service.

December 05, 2022

Prepare "comparable market analysis" to establish market values for your buyers using the MLS.

February 15, 2023

Provide guidance and assist sellers and buyers in marketing and purchasing property for the right price under the best terms.

April 20, 2023

Participate in active marketing initiatives, from cold calling to attending industry events.

April 20, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Licensed Realtor Salary By Experience Levels in Minneapolis, MN

How much should you be earning in Licensed Realtor in Minneapolis, MN based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Licensed Realtor in Minneapolis, MN

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.

Licensed Realtor Salary By Level of Education in Minneapolis, MN

Do you know how much should you be paid for a Licensed Realtor position in Minneapolis, MN based on your education level?

Tell us about your education and see an estimate of earnings for Licensed Realtor in Minneapolis, MN and well to know the impact of education on future careers.

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 Licensed Realtor in Minneapolis, MN

Average Base Salary

Core compensation

52555

64700

58273

Average Total Cash Compensation

Includes base and annual incentives

56757

74984

64166

What is the average salary for Licensed Realtor in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Licensed Realtor in Minneapolis, MN. The base salary for Licensed Realtor ranges from $52,555 to $64,700 with the average base salary of $58,273. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,757 to $74,984 with the average total cash compensation of $64,166.

View Average Salary for Licensed Realtor as table

	Average Salary	Average Salary Range
Base Salary	$58,273	$52,555 - $64,700
Bonus	$5,893	$4,202 - $10,284
Total Pay	$64,166	$56,757 - $74,984

* 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.

Licensed Realtor Salary Near Minneapolis, MN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Minneapolis, MN
CITY, STATE Minnetonka, MN	AVERAGE SALARY RANGE $52,555 - $64,700	COMPARE TO Minneapolis, MN 0%
CITY, STATE Eden Prairie, MN	AVERAGE SALARY RANGE $52,465 - $64,589	COMPARE TO Minneapolis, MN
CITY, STATE Saint Paul, MN	AVERAGE SALARY RANGE $52,555 - $64,700	COMPARE TO Minneapolis, MN 0%
CITY, STATE Burnsville, MN	AVERAGE SALARY RANGE $52,405 - $64,515	COMPARE TO Minneapolis, MN
CITY, STATE Lakeville, MN	AVERAGE SALARY RANGE $52,224 - $64,292	COMPARE TO Minneapolis, MN
CITY, STATE Saint Cloud, MN	AVERAGE SALARY RANGE $49,537 - $60,985	COMPARE TO Minneapolis, MN

See salaries for Licensed Realtor in locations close to Minneapolis, MN. 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 Minneapolis, Minnesota

Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in the United States. As of 2017, Minneapolis is the largest city in the state of Minnesota and 45th-largest in the United States, with an estimated population of 422,331. The Twin Cities metropolitan area consists of Minneapolis, its neighbor Saint Paul, and suburbs which altogether contain about 3.6 million people, and is the third-largest economic center in the Midwest. Minneapolis lies on both banks of the Mississippi River, just north of the riv...

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

View Salary for Similar Jobs to Licensed Realtor in Minneapolis, MN

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Realtor	LOCATION Minneapolis, MN	MINIMUM SALARY $81,102	MAXIMUM SALARY $102,312
JOB TITLE Realtor Associate	LOCATION Minneapolis, MN	MINIMUM SALARY $77,279	MAXIMUM SALARY $104,313
JOB TITLE Realtor Agent	LOCATION Minneapolis, MN	MINIMUM SALARY $72,799	MAXIMUM SALARY $98,414
JOB TITLE Realtor License	LOCATION Minneapolis, MN	MINIMUM SALARY $49,722	MAXIMUM SALARY $61,278
JOB TITLE Sales Realtor	LOCATION Minneapolis, MN	MINIMUM SALARY $72,238	MAXIMUM SALARY $89,120
JOB TITLE Realtor Support Clerk	LOCATION Minneapolis, MN	MINIMUM SALARY $31,502	MAXIMUM SALARY $36,002

The Licensed Realtor 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 Minneapolis, MN that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.