Managing Broker Salary in Springfield, Massachusetts

How much does a Managing Broker make in Springfield, MA?

As of March 01, 2025, the average annual salary for a Managing Broker in Springfield, MA is $257,115. Salary.com reports that pay typically ranges from $207,540 to $321,158, with most professionals earning between $162,405 and $379,466.

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Salary range for an Managing Broker

$207,540 to $321,158

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Managing Broker

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Job Openings for Managing Broker in Springfield, MA

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 Springfield, MA

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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 Springfield, MA

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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 Springfield, MA

Average Base Salary

Core compensation

207540

321158

257115

Average Total Cash Compensation

Includes base and annual incentives

228908

429007

299405

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 Springfield, MA. The base salary for Managing Broker ranges from $207,540 to $321,158 with the average base salary of $257,115. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $228,908 to $429,007 with the average total cash compensation of $299,405.

View Average Salary for Managing Broker as table

	Average Salary	Average Salary Range
Base Salary	$257,115	$207,540 - $321,158
Bonus	$42,291	$21,368 - $107,849
Total Pay	$299,405	$228,908 - $429,007

* 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 Springfield, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Springfield, MA
CITY, STATE Chicopee, MA	AVERAGE SALARY RANGE $207,888 - $321,697	COMPARE TO Springfield, MA
CITY, STATE Holyoke, MA	AVERAGE SALARY RANGE $207,888 - $321,697	COMPARE TO Springfield, MA
CITY, STATE Westfield, MA	AVERAGE SALARY RANGE $207,888 - $321,697	COMPARE TO Springfield, MA
CITY, STATE Manchester, CT	AVERAGE SALARY RANGE $215,460 - $333,413	COMPARE TO Springfield, MA
CITY, STATE East Hartford, CT	AVERAGE SALARY RANGE $215,460 - $333,413	COMPARE TO Springfield, MA
CITY, STATE Hartford, CT	AVERAGE SALARY RANGE $215,460 - $333,413	COMPARE TO Springfield, MA

See salaries for Managing Broker in locations close to Springfield, MA. 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 Springfield, Massachusetts

Springfield is located at 42°6′45″N 72°32′51″W / 42.11250°N 72.54750°W / 42.11250; -72.54750 (42.112411, −72.547455). According to the United States Census Bureau, the city has a total area of 33.1 square miles (85.7 km2), of which 31.9 square miles (82.5 km2) are land and 1.2 square miles (3.1 km2), or 3.65%, are water. Once nicknamed "The City in a Forest," Springfield features over 4.0 square miles (10.4 km2) of urban parkland, 12% of its total land area. Located in the fertile Connecticut River Valley, surrounded by mountains, bluffs, and rolling hills in all cardinal directions, Spring...

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

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The Managing Broker 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 Springfield, MA that might be a good fit for the type of job and salary you are looking for.

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