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Real Estate Broker salary in South Africa

Average Yearly Salary of Real Estate Broker in South Africa is approximately 162,447 ZAR (8,111 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?

occupation personasA 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?

Salary details
How much does Real Estate Broker make?
Estimated Yearly Salary: 162,447 ZAR
Estimated Monthly Salary: 13,537 ZAR
Estimated Weekly Salary: 3,124 ZAR per week
Estimated Hourly Salary: 78 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 156,680 ZAR
Estimated Monthly Salary: 13,057 ZAR
Estimated Weekly Salary: 3,013 ZAR per week
Estimated Hourly Salary: 75 ZAR per hour
Last revision of data: 2024-01-03



Real Estate Broker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,111 USD
Estimated Monthly Salary: 676 USD
Estimated Weekly Salary: 156 USD per week
Estimated Hourly Salary: 4 USD per hour


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

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.

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Salary comparison to National average

South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.

Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Broker job salary compared to average salary in South Africa.
Comparison shows that a person working as Real Estate Broker in South Africa earns on average:
1.28 times the average salary (or 128% of average salary).

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 178,692 ZAR and 235,548 ZAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Real Estate Broker in South Africa?

Living in South Africa the approximate monthly expenses are: 271 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: 162,447 ZAR
Estimated Monthly Salary: 13,537 ZAR
Estimated Weekly Salary: 3,124 ZAR per week
Estimated Hourly Salary: 78 ZAR per hour
By working as Real Estate Broker a person can save up to 405 USD per month or 4,857 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 South Africa, see costs of living in South Africa.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho.
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 South Africa

(1,412,867 ZAR per year, pre-tax.)
(1,176,011 ZAR per year, pre-tax.)
(1,138,908 ZAR per year, pre-tax.)
(1,102,268 ZAR per year, pre-tax.)
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
(1,071,922 ZAR per year, pre-tax.)
(1,071,632 ZAR per year, pre-tax.)

Data as of 2025

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Frequently searched careers by keyword and country
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The salary estimates on optisalary.com are meant for informational use exclusively.
optisalary.com aggregates salary data for educational use exclusively. While we strive to present correct estimates, we cannot ensure their full precision. Users are strongly advised to check with other databases before finalizing career-related plans. Salary figures fluctuate based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the correctness of the provided data. Your access of this site indicates agreement of this disclaimer.
This website aggregates salary data for reference purposes only. While we strive to deliver correct estimates, we cannot ensure their absolute reliability. Users are strongly advised to consult other databases before finalizing financial decisions. Salary amounts fluctuate based on multiple factors, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the correctness of the provided information. Your use of this site acknowledges agreement of this notice.