Real Estate Broker salary in Latvia

Average Yearly Salary of Real Estate Broker in Latvia is approximately 25,706 EUR (25,725 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 Broker do?

A real estate broker is a professional who acts as an intermediary between buyers and sellers of real estate properties. They help clients navigate the complex process of buying or selling a property by providing expert advice, market analysis, and negotiating deals on their behalf. Real estate brokers are responsible for assessing the value of properties, marketing them to potential buyers, coordinating property showings, and facilitating the closing process. They also stay updated with local and national real estate laws and regulations to ensure compliance and protect their clients' interests.

Skills: Real estate broker, Property sales, Market analysis, Negotiation, Client representation, Property valuation
Job industry: Real estate

How much does Real Estate Broker 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 Real Estate Broker a well paid job?

Yes, our data shows that Real Estate 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 Broker?

High salary for Real Estate Broker would be somewhere between 28,277 EUR and 37,274 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Broker 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: 25,706 EUR
Estimated Monthly Salary: 2,142 EUR
Estimated Weekly Salary: 494 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Real Estate Broker a person can save up to 1,284 USD per month or 15,405 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 Real Estate 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 Latvia

Data as of 2025

Random salary:
Shipping supervisor (15,957 EUR per year, pre-tax.)
Host and hostess (9,162 EUR per year, pre-tax.)
Office service coordinator (16,170 EUR per year, pre-tax.)
Senior content strategist (25,067 EUR per year, pre-tax.)
Agriculture specialist (15,905 EUR per year, pre-tax.)

Feedback about these results