Realtor salary in Iceland

Average Yearly Salary of Realtor in Iceland is approximately 10,002,258 ISK (70,145 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 Realtor do?

A realtor is a professional who assists buyers and sellers in the process of buying, selling, or renting properties. They act as intermediaries between clients and property owners, providing guidance and expertise to ensure successful transactions. Realtors help clients understand market conditions, determine property values, negotiate prices, and navigate legal and financial aspects of real estate transactions. They also market properties through various channels, conduct property viewings, and coordinate inspections and appraisals. A successful realtor must have excellent communication and negotiation skills, knowledge of local real estate laws and regulations, and a strong network of contacts in the industry.

Skills: realtor, real estate agent, property consultant, home sales, property marketing, property transactions
Job industry: Real estate

How much does Realtor make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Realtor a well paid job?

Yes, our data show that Realtor is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Realtor?

High salary for Realtor would be somewhere between 11,002,484 ISK and 14,503,274 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Realtor 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: 10,002,258 ISK
Estimated Monthly Salary: 833,522 ISK
Estimated Weekly Salary: 192,351 ISK per week
Estimated Hourly Salary: 4,809 ISK per hour
By working as Realtor a person can save up to 3,117 USD per month or 37,399 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 Realtor

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

Random salary:
Order processing supervisor (9,577,373 ISK per year, pre-tax.)
Director distribution (16,290,513 ISK per year, pre-tax.)
Sas analyst (10,471,192 ISK per year, pre-tax.)
Director of faith formation (7,070,354 ISK per year, pre-tax.)
Environmental program manager (12,257,442 ISK per year, pre-tax.)

Feedback about these results