How Much Do Real Estate Agents Make in Florida?

Whether you're considering a move to the Sunshine State, contemplating the start of a new career, or curious about the real estate commission structure, you may be wondering: how much do real estate agents make in Florida? According to the Bureau of Labor Statistics data from May of 2023, Florida agents make roughly $68,100 a year.

With a high population and an abundance of properties, selling real estate in Florida can be a lucrative prospect, but it may be more helpful to look at the average salaries and the current commission structure to get a better picture.

How Much Do Real Estate Agents Make in Different Florida Cities?

Florida offers a number of cities for promising real estate careers, including the metro areas listed below.

How Much Do Real Estate Agents Make in Tallahassee?

If you’re in the Florida state capital of Tallahassee and considering getting your real estate license, you could potentially make an average of $106,654 per year with a couple of years of experience under your belt. That’s even higher than the national average salary for a real estate agent.

How Much Do Real Estate Agents Make in Jacksonville?

For those who are looking to get their real estate license in a more challenging city, Jacksonville might be the place for you. With a population of a whopping 997,164 people, Jacksonville is the most populous city in the Sunshine State. In this bustling Florida city, agents have reported an average salary of $97,009.

How Much Do Real Estate Agents Make in Miami?

Boasting a population of 460,289, Miami is quite a bit smaller than Jacksonville, but that doesn't mean it isn’t a lucrative market for real estate. Known for its crystal clear beaches, rich culture, and lively nightlife, Miami real estate agents can make an average of $107,807.

How Much Do Real Estate Agents Make in Tampa?

With a population of 408,510 as of 2024, Tampa may offer an ideal setting for starting a real estate career. It's surrounded by beautiful beaches, a thriving sports and arts scene, and access to fantastic medical care, making it a destination for a wide variety of households — including the luxury home market. In Tampa, real estate can make an average of $90,127.

How Much Do Real Estate Agents Make in Orlando?

Orlando also offers a flourishing real estate scene, with a population of 325,044. It offers much more than theme parks and magic shows, including warm weather, a calendar full of family-friendly activities, and access to tons of outdoor activities. These factors and more can lead to a lucrative real estate career in Orlando, with an average salary of $96,133.

How Are Real Estate Agents Paid in Florida?

The commission you'll earn as a real estate agent in Florida can vary. In Florida, there are two agents involved in the sale of a home:

The buyer's agent, representing the one purchasing a home

The seller's agent, or listing agent, representing the one selling the home

The average total commission in Florida is 5.37%, and this is split between the two agents. Each agent also likely needs to split the commission with their sponsoring broker. Agents just entering the field might receive a lower commission split (for example, a first-year agent often receives about 50% of the commission paid to the broker).

Example of a Commission Split in Florida

Let's look at what this commission structure can translate to in dollars. If you're a listing agent and you sell a $400,000 home in Florida, you may earn a 2.5% commission. The 2.5% commission equals $10,000. However, if you're responsible for paying 50% of your commission to the brokerage firm you work with, then your commission will drop to $5,000.

Your Florida Real Estate Salary Can Be Even Higher

While these are only estimates in these particular cities in Florida, keep in mind there is no limit to how much a real estate agent can make. Building a reputation in your area and becoming an expert in the field will render no limits to your annual income.

If you’re interested in Florida real estate as a career path, you have to start with getting your license. Start your journey with our Florida pre-licensing course today!