Home > Salary > Iceland > Real Estate Managing Broker
A real estate manager is responsible for overseeing the day-to-day operations of properties, ensuring their efficient management and maximizing their value. They handle various tasks such as marketing vacant units, screening potential tenants, negotiating leases, collecting rent, maintaining the property, and addressing tenant concerns. Real estate managers also develop and implement strategies to increase occupancy rates and rental income, as well as establish budgets and financial plans.
Estimated Yearly Salary: 14,173,518 ISK
Estimated Monthly Salary: 1,181,127 ISK
Estimated Weekly Salary: 272,568 ISK per week
Estimated Hourly Salary: 6,814 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,143,094 ISK
Estimated Weekly Salary: 263,791 ISK per week
Estimated Hourly Salary: 6,595 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 99,280 USD
Estimated Monthly Salary: 8,273 USD
Estimated Weekly Salary: 1,909 USD per week
Estimated Hourly Salary: 48 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 14,173,518 ISK
Estimated Monthly Salary: 1,181,127 ISK
Estimated Weekly Salary: 272,568 ISK per week
Estimated Hourly Salary: 6,814 ISK per hour
By working as Real Estate Managing Broker a person can save up to 5,545 USD per month or 66,534 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.
Estimated Yearly Salary for Real Estate Managing Broker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Carpenter (8,344,491 ISK per year, pre-tax.)
Baggage porter or bellhop (3,970,752 ISK per year, pre-tax.)
Inventory associate (5,155,653 ISK per year, pre-tax.)
Medical radiation technologist (11,184,817 ISK per year, pre-tax.)
Senior purchasing manager (16,825,642 ISK per year, pre-tax.)
Real Estate Managing Broker salary in Iceland
Average Yearly Salary of Real Estate Managing Broker in Iceland is approximately 14,173,518 ISK (99,280 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 Real Estate Managing Broker do?
A real estate manager is responsible for overseeing the day-to-day operations of properties, ensuring their efficient management and maximizing their value. They handle various tasks such as marketing vacant units, screening potential tenants, negotiating leases, collecting rent, maintaining the property, and addressing tenant concerns. Real estate managers also develop and implement strategies to increase occupancy rates and rental income, as well as establish budgets and financial plans.
Skills: real estate manager, property management, leasing, tenant relations, property maintenance, financial planning
Job industry: Real estate
Job industry: Real estate
How much does Real Estate Managing Broker make?
Salary details
How much does Real Estate Managing Broker make?Estimated Yearly Salary: 14,173,518 ISK
Estimated Monthly Salary: 1,181,127 ISK
Estimated Weekly Salary: 272,568 ISK per week
Estimated Hourly Salary: 6,814 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,717,132 ISKEstimated Monthly Salary: 1,143,094 ISK
Estimated Weekly Salary: 263,791 ISK per week
Estimated Hourly Salary: 6,595 ISK per hour
Last revision of data: 2024-01-07Real Estate Managing Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 99,280 USD
Estimated Monthly Salary: 8,273 USD
Estimated Weekly Salary: 1,909 USD per week
Estimated Hourly Salary: 48 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Managing Broker job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Managing Broker in Iceland earns on average:
1.58 times the average salary (or 158% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Managing Broker job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Managing Broker in Iceland earns on average:
1.58 times the average salary (or 158% of average salary).
Is Real Estate Managing Broker a well paid job?
Yes, our data shows that Real Estate Managing 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 Real Estate Managing Broker?
High salary for Real Estate Managing Broker would be somewhere between 15,590,870 ISK and 20,551,601 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Real Estate Managing 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: 14,173,518 ISK
Estimated Monthly Salary: 1,181,127 ISK
Estimated Weekly Salary: 272,568 ISK per week
Estimated Hourly Salary: 6,814 ISK per hour
By working as Real Estate Managing Broker a person can save up to 5,545 USD per month or 66,534 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 Real Estate Managing Broker
Norway is 139,380 USD
United Kingdom is 65,219 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Carpenter (8,344,491 ISK per year, pre-tax.)
Baggage porter or bellhop (3,970,752 ISK per year, pre-tax.)
Inventory associate (5,155,653 ISK per year, pre-tax.)
Medical radiation technologist (11,184,817 ISK per year, pre-tax.)
Senior purchasing manager (16,825,642 ISK per year, pre-tax.)
Frequently searched careers by keyword and country
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