Qualifying Broker salary in Iceland

Average Yearly Salary of Qualifying Broker in Iceland is approximately 11,465,164 ISK (80,212 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Qualifying Broker do?

A qualifying broker is a licensed real estate professional who oversees and manages the activities of other real estate agents within a brokerage firm. They are responsible for ensuring that all agents comply with applicable laws and regulations, as well as maintaining the integrity and reputation of the brokerage. The primary role of a qualifying broker is to provide guidance and support to agents, assisting them in their professional development and helping them navigate complex transactions. They review contracts, supervise marketing efforts, and ensure that all necessary documentation is completed accurately and on time. Additionally, they may be involved in recruiting and hiring new agents, as well as resolving any disputes or issues that arise within the brokerage.

Skills: Qualifying broker, Real estate, Brokerage management, Compliance, Agent supervision, Contract review
Job industry: Real estate

How much does Qualifying Broker make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Qualifying Broker a well paid job?

Yes, our data shows that Qualifying Broker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Qualifying Broker?

High salary for Qualifying Broker would be somewhere between 12,611,680 ISK and 16,624,488 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Qualifying Broker in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 11,465,164 ISK
Estimated Monthly Salary: 955,430 ISK
Estimated Weekly Salary: 220,484 ISK per week
Estimated Hourly Salary: 5,512 ISK per hour
By working as Qualifying Broker a person can save up to 3,956 USD per month or 47,466 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Qualifying Broker

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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