Managing Broker Salary in Miami, Florida

How much does a Managing Broker make in Miami, FL?

As of April 01, 2025, the average annual salary for a Managing Broker in Miami, FL is $236,876. Salary.com reports that pay typically ranges from $191,210 to $295,878, with most professionals earning between $149,633 and $349,596.

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Salary range for an Managing Broker

$191,210 to $295,878

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Managing Broker

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Job Openings for Managing Broker in Miami, FL

What does a Managing Broker do?

Common responsibilities of a Managing Broker

Provide effective and efficient working conditions, space, equipment, and a positive environment that will maximize the effectiveness of sales associates and employees in accomplishing the objectives of the branch office.

January 08, 2023

Manage all tasks associated with acquisition (operate as a project manager, as tasks may not be executed exclusively by this role, such as setting goals, ideal agent profiles, online and print marketing, drip campaigns, retargeting, CRM management, Broker Metrics analytics, outbound calls, inbound calls, initial discovery call, face to face appointments, company document review, invitations to events/classes, follow-up, follow-through, offer letter, tracking KPIs).

March 25, 2023

Train agents and create an efficient system to hold them accountable.

March 30, 2023

Develop, recommend, and implement programs and long range objectives designed to enhance the business strategy and enable it to achieve its goals relative to profitability, cost control, and organizational effectiveness with regard to new construction, market share, listing inventory, existing home sales, and other issues as appropriate.

April 16, 2023

Recruit, select, train, motivate and retain associates and support staff for the successful performance of the branch office and contribute to fulfilling the company-wide objectives.

April 29, 2023

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Managing Broker Salary By Experience Levels in Miami, FL

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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.

Managing Broker Salary By Level of Education in Miami, FL

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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 Managing Broker in Miami, FL

Average Base Salary

Core compensation

191210

295878

236876

Average Total Cash Compensation

Includes base and annual incentives

210890

395235

275838

What is the average salary for Managing Broker in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Managing Broker in Miami, FL. The base salary for Managing Broker ranges from $191,210 to $295,878 with the average base salary of $236,876. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $210,890 to $395,235 with the average total cash compensation of $275,838.

View Average Salary for Managing Broker as table

	Average Salary	Average Salary Range
Base Salary	$236,876	$191,210 - $295,878
Bonus	$38,963	$19,680 - $99,357
Total Pay	$275,838	$210,890 - $395,235

* 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.

Managing Broker Salary Near Miami, FL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Miami, FL
CITY, STATE Hialeah, FL	AVERAGE SALARY RANGE $190,255 - $294,400	COMPARE TO Miami, FL
CITY, STATE Hollywood, FL	AVERAGE SALARY RANGE $191,329 - $296,063	COMPARE TO Miami, FL
CITY, STATE Pembroke Pines, FL	AVERAGE SALARY RANGE $190,016 - $294,030	COMPARE TO Miami, FL
CITY, STATE Fort Lauderdale, FL	AVERAGE SALARY RANGE $191,329 - $296,063	COMPARE TO Miami, FL
CITY, STATE Coconut Creek, FL	AVERAGE SALARY RANGE $191,329 - $296,063	COMPARE TO Miami, FL
CITY, STATE Boca Raton, FL	AVERAGE SALARY RANGE $193,837 - $299,943	COMPARE TO Miami, FL

See salaries for Managing Broker in locations close to Miami, FL. 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 Miami, Florida

Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most populous county in Florida. The city covers an area of about 56.6 square miles (147 km2), between the Everglades to the west and Biscayne Bay on the east; with a 2017 estimated population of 463,347, Miami is the sixth most densely populated major city in the United States. The Miami metropolitan area is home to 6.1 million people and the seventh-largest metropolitan area in the nation. Miami's metro area is the second-most populous metropolis i...

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

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