Salary distribution
Where Richmond real estate sales agents fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $48,730 and $83,150, with a median of $66,550.
Typical entry
Education
High school diploma
Experience
None
On-the-job training
None
Top skills (O*NET)
- 4.8 / 5
Customer and Personal Service
Knowledge
- 4.7 / 5
Sales and Marketing
Knowledge
- 4.3 / 5
English Language
Knowledge
- 4.0 / 5
Oral Expression
Ability
- 4.0 / 5
Speaking
Basic skill
- 4.0 / 5
Active Listening
Basic skill
- 4.0 / 5
Oral Comprehension
Ability
- 4.0 / 5
Law and Government
Knowledge
Common tasks (O*NET)
- 01
Present purchase offers to sellers for consideration.
- 02
Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
- 03
Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- 04
Generate lists of properties that are compatible with buyers' needs and financial resources.
- 05
Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- 06
Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
- 07
Compare a property with similar properties that have recently sold to determine its competitive market price.
- 08
Coordinate property closings, overseeing signing of documents and disbursement of funds.
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Explore coursesOther metros in Virginia
How the Richmond metro compares to other major Virginia metro areas for real estate sales agents.
- Virginia Beach$62,790
Frequently asked questions
- What is the median salary for Real Estate Sales Agents in Richmond, Virginia?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Real Estate Sales Agents in the Richmond metropolitan area is $66,550.
- Does Richmond pay more than the Virginia state average for Real Estate Sales Agents?
- The Richmond metro median is +7.7% versus the Virginia state median of $61,790.
- How does Richmond compare to the national median for Real Estate Sales Agents?
- The Richmond metro median is +23.6% versus the BLS national figure of $53,826.
- What is the salary range for Real Estate Sales Agents in Richmond?
- BLS reports the 10th-percentile annual wage at $39,200 and the 90th-percentile at $107,270 for the Richmond metro area.
- What education is required for Real Estate Sales Agents?
- BLS lists the typical entry-level education as High school diploma. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Richmond CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.