Real estate hunter salary
A person working as a real estate hunter in France generally earns around €48,100 per year. Salaries range from €25,500 (the lowest) to €73,100 (the highest).
This is the average annual income, including numerous benefits. Broker salaries vary widely based on experience, skills, gender, or location. Below you will see a detailed breakdown based on a lot of different criteria.
Distribution of salaries for real estate hunters in France
- Salary scale
: The salaries of real estate hunters in France range from €25,500 per year (minimum wage) to €73,100 per year (maximum salary).
- Median salary
: The median wage is €45,200 per year, which means that half (50%) of people working as property hunters earn less than €45,200 while the other half earns more than €45,200.
How does experience and age affect your salary as a real estate hunter?
In principle, the more years of experience you have, the more important your salary is. We've broken down real estate hunter salaries by experience level and here's what we found.
A real estate hunter with less than two years of experience earns around €29,300 per year.
Whereas a person with an experience level between two and five years should earn €36,000 per year, 23% more than someone with less than two years of experience.
In the future, a level of experience between five and ten years brings a salary of €51,000 per year, 42% more than someone with two to five years of experience.
In addition, real estate hunters whose expertise extends from ten to fifteen years receive a salary equivalent to €59,600 per year, 17% more than someone with five to ten years of experience.
In fact, if the level of experience is between fifteen and twenty years, then the expected salary is €65,500 per year, which is 10% more than a person with ten to fifteen years of experience.
Finally, employees with more than twenty years of professional experience receive a salary of €69,300 per year, 6% more than people with fifteen to twenty years of experience.
We all know that higher education means a higher salary, but how much can you add to your income? We have broken down the salaries of real estate hunters by education level in order to make a comparison.
When the level of study is Certificate or Diploma, then the average salary for a real estate hunter is €36,000 per year.
While a person with a bachelor's degree receives a salary of €46,500 per year, 29% more than someone with a certificate or diploma.
A Master earns its holder an average salary of €66,500 per year, which is 43% more than a bachelor's degree holder.
Do you have to pursue higher education if you want to become a real estate hunter?
A Master's program or any other postgraduate program in France costs between €20,600 and €61,900 and lasts around two years. It's quite an investment.
The numbers seem to support the theory since the average increase in earnings when changing jobs is approximately 10% greater than the usual wage increase.
Comparison of broker salaries by gender
Male employees as real estate hunters in France earn on average 6% more than their female counterparts.
Average annual percentage increase in broker salaries in France
How much are the annual salary increases in France for real estate hunters?
Property hunters in France are likely to see a salary increase of around 12% every 15 months. The national average annual increase, for all professions combined, is 9% granted to employees every 15 months.
The term “annual wage increase” generally refers to the increase over a period of 12 calendar months, but it's rare for people to see their salary revised after one year, so it's more necessary to know the frequency and rate of the increase at that time.
How often are bonuses awarded?
A real estate hunter is considered to be a low-premium job because of the generally limited involvement in generating direct income, with a few exceptions of course. 72% of employees surveyed said they received no bonuses or incentives in the previous year, while 28% said they received at least one form of monetary bonus.
Those who received bonuses reported rates ranging from 1% to 3% of their annual salary.
Types of bonuses considered
Corporate performance bonuses
The amount of the bonus is probably different from person to person depending on their position within the organization.
Vacation/End of year bonuses
Bonuses are often confused with commissions. This is because a commission is a pre-set rate at which someone is paid for items sold or transactions completed, while a bonus is in most cases unexpected.
Average hourly wage for real estate hunters in France
If the average hourly wage (wage per hour) in France is €23, this means that the average broker in France earns around €23 for every hour worked.
The hourly wage is the salary paid for one hour worked. So, to calculate the salary by transforming it into an hourly wage, we use the following formula (considering 5 working days in a week and 8 hours of work per day).
Hourly rate Number of hours worked in the week or month = hourly wage
Broker vs Other Jobs
The average broker's salary is 3% lower than that of insurance. In addition, insurance salaries are 0% higher than those of all jobs.
Comparison between the salary granted by the government and the private sector
Employees in the public sector in France earn on average 5% more than their counterparts in the private sector, all sectors combined.
