Owner Real Estate Officefirm salary in Latvia

Average Yearly Salary of Owner Real Estate Officefirm in Latvia is approximately 33,049 EUR (32,947 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 Owner Real Estate Officefirm do?

The owner of a real estate office firm is responsible for overseeing all aspects of the business. They are involved in the day-to-day operations, including managing a team of real estate agents, coordinating property listings, and negotiating sales contracts. The owner is also involved in marketing and advertising efforts to attract potential clients and promote the firm's services. They may network with other professionals in the industry to build relationships and expand their client base. Additionally, the owner is responsible for financial management, including budgeting, forecasting, and ensuring the profitability of the firm. They must stay up to date with market trends and changes in regulations to provide accurate and informed advice to clients. Overall, the owner plays a crucial role in driving the success and growth of the real estate office firm.

Skills: Real Estate, Business Management, Sales and Negotiation, Marketing and Advertising, Financial Management, Market Trends
Job industry: Real estate

How much does Owner Real Estate Officefirm make?

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


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Salary comparison to National average

Is Owner Real Estate Officefirm a well paid job?

Yes, our data shows that Owner Real Estate Officefirm 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 Owner Real Estate Officefirm?

High salary for Owner Real Estate Officefirm would be somewhere between 36,354 EUR and 47,921 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Owner Real Estate Officefirm in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 33,049 EUR
Estimated Monthly Salary: 2,754 EUR
Estimated Weekly Salary: 636 EUR per week
Estimated Hourly Salary: 16 EUR per hour
By working as Owner Real Estate Officefirm a person can save up to 1,886 USD per month or 22,627 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Owner Real Estate Officefirm

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 Latvia

Data as of 2025

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