How to Become a Real Estate Brokers in Virginia
Real Estate Brokers in Virginia earn a median salary of $55,660/year, which is 23% below the national average. Virginia has a state income tax of ~4.8%. After taxes and rent, a real estate brokers takes home approximately $2,261/month. Most positions require High school diploma or equivalent.
What a real estate brokers can afford in Virginia
Becoming a real estate brokers in Virginia
Meet education requirements
Real Estate Brokers positions in Virginia typically require High school diploma or equivalent. Programs are available at colleges and training institutions across Virginia. Research accredited programs in your area.
Gain required experience
Many real estate brokers positions in Virginia require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Virginia licensure or certification
Virginia may require specific licensing or professional certification for real estate brokerss. Requirements vary by state — contact the Virginia Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Virginia
Virginia employs 1,580 real estate brokers. The highest concentrations are in Virginia Beach-Chesapeake-Norfolk and Richmond.
Real Estate Brokers salary by metro area in Virginia
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Virginia Beach-Chesapeake-Norfolk | $63K | $30.3/hr | — |
| Richmond | $50K | $24.03/hr | 660 |
Real Estate Brokers salary range in Virginia
Real Estate Brokers careers in other states
Frequently asked questions
How much does a real estate brokers make in Virginia?▼
The median real estate brokers salary in Virginia is $55,660 per year ($26.76/hr). This is 23% below the national median of $72,280. Salaries range from $45,800 to $99,390.
What are the requirements to become a real estate brokers in Virginia?▼
Real Estate Brokers positions in Virginia typically require High school diploma or equivalent. Virginia may have specific licensing or certification requirements. Check with the Virginia licensing board or department of labor for current requirements.
Can a real estate brokers afford to live in Virginia?▼
At the median salary of $55,660, a real estate brokers in Virginia would take home approximately $3,673/month after taxes. With median 2-bedroom rent at $1,412/month, that's 38.4% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for real estate brokers in Virginia?▼
The highest paying metro areas for real estate brokers in Virginia are Virginia Beach-Chesapeake-Norfolk ($63,030), Richmond ($49,990). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Virginia have state income tax for real estate brokers?▼
Yes, Virginia has a state income tax rate of approximately 4.8%. On a $55,660 salary, this means roughly $2,684/year in state income tax. Use our take-home pay calculator for a detailed breakdown.