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Real Estate Agent Average Salary in South Africa 2024

How much money does a person working as Real Estate Agent make in South Africa?


Average Monthly Salary
28,500 ZAR
( 341,000 ZAR yearly)

LOW
13,100
ZAR
AVERAGE
28,500
ZAR
HIGH
45,200
ZAR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Real Estate Agent in South Africa typically earns around 28,500 ZAR. Salaries range from 13,100 ZAR (lowest) to 45,200 ZAR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Real Estate Agent salaries in South Africa vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Real Estate Agent Pay Scale and Salaries in South Africa

Median and salary distribution South Africa Real Estate Agent monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
27,000 ZAR or more
10% of people earn
23,600 to 27,000 ZAR
20% of people earn
16,300 ZAR or less
65% of people earn
16,300 to 23,600 ZAR
Minimum Salary
13,100 ZAR
Median
27,200 ZAR
Maximum
45,200 ZAR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Real Estate Agent in South Africa range from 13,100 ZAR (starting salary) to 45,200 ZAR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 27,200 ZAR, half of the professionals who work as Real Estate Agent in South Africa earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Real Estate Agent in South Africa earn less than 21,900 ZAR, while 75% earn more. Similarly, the chart shows that 75% earn less than 31,300 ZAR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Real Estate Agent in South Africa compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,300 ZAR to 23,600 ZAR. About 20% of salaries are below the 16,300 ZAR mark, while 10% fall within the range of 23,600 ZAR to 27,000 ZAR. Only 5% of individuals have salaries exceeding 27,000 ZAR.

Salary Comparison by Years of Experience / Real Estate Agent / South Africa

How do experience and age affect pay?

0 - 2 Years
14,900 ZAR
2 - 5 Years+34%
19,800 ZAR
5 - 10 Years+48%
29,300 ZAR
10 - 15 Years+22%
35,800 ZAR
15 - 20 Years+9%
39,000 ZAR
20+ Years+8%
42,200 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly South Africa Real Estate Agent
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Real Estate Agent and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 14,900 ZAR.

While someone with an experience level between two and five years is expected to earn 19,800 ZAR, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 29,300 ZAR, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,800 ZAR, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 39,000 ZAR, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 42,200 ZAR, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Real Estate Agent / South Africa

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Real Estate Agent.

High School
16,900 ZAR
Certificate or Diploma+57%
26,600 ZAR
Bachelor's Degree+68%
44,600 ZAR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly South Africa Real Estate Agent
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Real Estate Agent in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 16,900 ZAR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 26,600 ZAR, 57% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 44,600 ZAR, 68% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Real Estate Agent / South Africa

Salary comparison by gender South Africa Real Estate Agent monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Real Estate Agent in South Africa, the average difference between the salary of male and female employees is 12%.

Male
30,000 ZAR
Female-11%
26,900 ZAR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in South Africa for all Careers

Salary comparison by gender monthly South Africa
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Average Annual Salary Increment Percentage / Real Estate Agent / South Africa

How much are annual salary increments in South Africa for individuals working as Real Estate Agent? How often do employees get salary raises?

Individuals working as Real Estate Agent in South Africa are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate South Africa Real Estate Agent
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

South Africa / All Professions

Annual Salary Increment Rate South Africa
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in South Africa is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Real Estate Agent / South Africa

How much and how often are bonuses being awarded?Annual Salary Bonus Rate South Africa Real Estate Agent
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17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
83%
No Bonus
17%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Real Estate Agent / South Africa


160 ZAR per hour

The average hourly wage (pay per hour) for individuals working as Real Estate Agent in South Africa is 160 ZAR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Real Estate Agent in South Africa is 76 ZAR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Real Estate-100%
3D Printing Home Building Engineer29,800 ZAR+5%
Acquisition Associate25,800 ZAR-9%
Assistant Leasing Manager34,100 ZAR+20%
Assistant Property Manager34,700 ZAR+22%
Brokerage26,600 ZAR-7%
Brokerage Clerk14,200 ZAR-50%
Co-Living Space Manager28,700 ZAR+1%
Commercial Leasing Manager55,000 ZAR+93%
Commercial Real Estate Manager58,200 ZAR+100%
Community Development Manager51,000 ZAR+79%
Compliance Specialist26,200 ZAR-8%
Development Coordinator26,300 ZAR-8%
Director of Real Estate61,100 ZAR+110%
Foreclosure Consultant36,000 ZAR+27%
Lease Administrator35,300 ZAR+24%
Leasing Agent27,400 ZAR-4%
Leasing Consultant32,900 ZAR+16%
Leasing Manager38,200 ZAR+34%
Lettings Assistant13,100 ZAR-54%
Portfolio Analyst 45,600 ZAR+60%
Portfolio Manager62,500 ZAR+120%
Property Acquisition Agent23,500 ZAR-17%
Property and Claims Specialist32,200 ZAR+13%
Property Manager40,000 ZAR+41%
Property Operations Manager56,900 ZAR+100%
Property Tax Assistant26,300 ZAR-8%
PropTech Consultant30,100 ZAR+6%
Real Estate Administrator31,300 ZAR+10%
Real Estate Agent28,500 ZAR+0%
Real Estate Analyst37,200 ZAR+31%
Real Estate Appraiser30,400 ZAR+7%
Real Estate Assistant27,200 ZAR-4%
Real Estate Association Manager37,100 ZAR+30%
Real Estate Broker26,900 ZAR-5%
Real Estate Data Analyst29,000 ZAR+2%
Real Estate General Manager53,700 ZAR+89%
Real Estate Project Director51,800 ZAR+82%
Real Estate Project Manager50,000 ZAR+76%
Real Estate Sales Agent28,300 ZAR-1%
Real Estate Valuer28,000 ZAR-2%
Real State Compliance Officer28,200 ZAR-1%
Research Analyst24,700 ZAR-13%
Residential Advisor33,000 ZAR+16%
Residential Property Manager39,100 ZAR+37%
Shopping Center Manager57,500 ZAR+100%
Short-Term Rental Manager34,700 ZAR+22%
Smart Home Consultant33,000 ZAR+16%
Town Planner59,100 ZAR+110%
Vacation Rental Manager35,100 ZAR+23%
Virtual Tour Producer28,400 ZAR-0%

Salary Comparison By City

CityAverage Salary
Cape Town31,500 ZAR
Johannesburg28,900 ZAR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in South Africa is 7% on average across all career fields.

Private Sector
30,400 ZAR
Public Sector+7%
32,400 ZAR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Real Estate Agent in South Africa?

A good and competitive compensation would range anywhere between 27,200 ZAR and 31,300 ZAR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Real Estate Agent in South Africa ranges from 13,100 ZAR to 21,900 ZAR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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