Business & Finance Portland, ME Pop. 68,408

Real Estate Agent Salary in Portland, Maine

The median real estate agent salary in Portland, ME is $56,192 per year, which is 8.0% above the national median and 10.2% above the Maine state average.

City Median
$56,192
vs State Avg
+$5,203
vs National
+$4,162
Cost of Living
108%

Real Estate Agent Salary in Portland by Experience

In Portland, an entry-level real estate agent earns around $32,400, while experienced professionals earn up to $118,800 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$32,400
+$2,400 vs national
Mid Level (3-7 yrs)
$59,400
+$4,400 vs national
Senior Level (8+ yrs)
$118,800
+$8,800 vs national

Salary Percentiles in Portland, ME

Percentile Portland
10th Percentile $31,104
25th Percentile $38,232
Median (50th) $56,192
75th Percentile $82,296
90th Percentile $121,392

Real Estate Agent Salary in Other Maine Cities

How to Become a Real Estate Agent in Portland

Education

Most real estate agent positions require a high school diploma. Portland and the surrounding Maine area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Portland may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Portland

Browse open real estate agent positions in Portland, ME:

Frequently Asked Questions: Real Estate Agent Salary in Portland

How much does a Real Estate Agent make in Portland, ME?
The median real estate agent salary in Portland, Maine is $56,192 per year, which is 8.0% above the national median of $52,030. Salaries range from $31,104 (10th percentile) to $121,392 (90th percentile).
How much does a Real Estate Agent make per hour in Portland?
Based on the median annual salary of $56,192, a real estate agent in Portland earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Portland compare to the Maine state average for real estate agent pay?
Portland's median real estate agent salary of $56,192 is 10.2% above the Maine state average of $50,989. The local cost of living index is 108% of the national average.
What is the cost of living in Portland, ME?
Portland has a cost of living index of 108% compared to the national average. This means a real estate agent salary of $56,192 in Portland has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Portland?
Most real estate agent positions in Portland require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.