Median Salary
$63,656
Above National Avg
Hourly Wage
$30.6
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Real Estate Agents considering Coral Springs, FL.
The Salary Picture: Where Coral Springs Stands
As a local, I can tell you that Coral Springs isn't the flashiest real estate market in South Floridaāthat title belongs to Miami or Palm Beachābut itās a stable, family-oriented engine with consistent demand. For a Real Estate Agent, this means predictable income streams rather than volatile, high-stakes commissions. The cityās median household income is healthy, and the housing stock is a mix of established single-family homes and newer townhomes, creating opportunities across different price points.
The data reflects this stability. The median salary for a Real Estate Agent in the Coral Springs metro area is $63,656/year. This breaks down to a solid $30.6/hour. Itās marginally better than the $61,480/year national average, which is a key advantage when you factor in Floridaās lower tax burden. The metro supports a focused job market with 269 agent positions, and the 10-year job growth is a modest 3%. This isn't a boom-or-bust market; it's a long-game environment where relationships and local knowledge pay off over time.
Experience-Level Breakdown
Your earnings will vary dramatically based on your experience, network, and specialization. Hereās a realistic breakdown for the Coral Springs area:
| Experience Level | Years in Industry | Estimated Annual Income Range | Key Characteristics |
|---|---|---|---|
| Entry-Level | 0-2 | $45,000 - $60,000 | Building a client base, relying on brokerage leads, focusing on rentals and starter homes. High hustle required. |
| Mid-Level | 3-7 | $65,000 - $95,000 | Established referral network, consistent sales volume, handling mid-range family homes ($400k-$700k). |
| Senior Agent | 8-15 | $95,000 - $150,000+ | Strong brand recognition, specializes in luxury, relocation, or investment properties. Works largely by referral. |
| Expert/Team Lead | 15+ | $150,000 - $250,000+ | Manages a team, has a commercial or niche portfolio, deep ties with local developers and employers. |
Comparison to Other Florida Cities
Coral Springs holds a unique position. Itās not as lucrative as the high-end markets in Miami or Naples, but it offers a better work-life balance and a lower cost of entry. The income potential is higher than in many smaller Florida towns, and the job market is more stable than in seasonal tourist hubs.
| City | Median Salary | Cost of Living Index (US Avg=100) | Market Vibe |
|---|---|---|---|
| Coral Springs | $63,656 | 111.8 | Stable, family-centric, suburban |
| Miami | $68,000+ | 128.5 | High-stakes, international, luxury-focused |
| Tampa | $62,000 | 109.2 | Steady growth, diverse, competitive |
| Orlando | $60,500 | 108.3 | Tourist-driven, investment-heavy, transient |
| Jacksonville | $59,000 | 103.1 | Large geographic area, military-influenced |
Insider Tip: Donāt just chase the highest median salary. A $63,656 income in Coral Springs goes further than a slightly higher salary in Miami when you factor in commute times, parking costs, and lifestyle. Your dollar-per-closing ratio can be more efficient here.
š Compensation Analysis
š Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Letās get real about the numbers. As a Real Estate Agent, youāre a 1099 independent contractor. That means you pay both the employer and employee portions of Social Security and Medicare (15.3% total), plus federal and state income taxes. Florida has no state income tax, which is a significant advantage.
Hereās a monthly budget breakdown for an agent earning the median salary of $63,656. Weāll assume a conservative 25% effective tax rate (federal + self-employment tax).
- Gross Monthly Income: $5,304
- Estimated Taxes (25%): -$1,326
- Net Monthly Take-Home: $3,978
Now, letās layer on expenses. The average 1-bedroom rent in Coral Springs is $1,621/month.
| Monthly Expense Category | Estimated Cost | Notes |
|---|---|---|
| Rent (1BR) | $1,621 | Varies by neighborhood (see below) |
| Health Insurance | $450 | Critical for 1099 contractors |
| Car Payment & Insurance | $550 | Essential for showings; gas is a major cost |
| Marketing & Brokerage Fees | $300 | MLS, CRM, signage, ad spend |
| Food & Utilities | $600 | |
| Savings & Retirement (10%) | $398 | 401(k) or SEP-IRA |
| Total Monthly Expenses | $3,919 | |
| Remaining Buffer | $59 |
Can they afford to buy a home? Itās tight. With a $59 monthly buffer, buying a home on a single median income is challenging without a significant down payment or dual income. The median home price in Coral Springs is around $425,000. A 20% down payment is $85,000. A mortgage at current rates would be roughly $2,100/month (PITI), which is unsustainable on a $3,978 net income. Most successful agents either have a partner with a stable W-2 job or wait until they move into the Mid-Level income bracket ($65k+) before buying. Renting is the realistic and wise choice for your first few years.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Coral Springs's Major Employers
While most agents are independent, the "jobs" are the client sources. Coral Springs has a unique economic base that fuels real estate demand. Knowing these employers helps you target your marketing.
- Coral Springs Medical Center (part of Broward Health): A major employer and a critical hub. Families moving here for medical jobs need housing quickly. This is a steady source of relocation business.
- The School District of Broward County: Coral Springs has highly-rated public schools, which is a primary draw for families. Teachers, administrators, and staff are constantly buying and selling. Build relationships with school principals and PTA boards.
- City of Coral Springs Government: A stable employer with good benefits. City employees often look for homes within the city limits. Attending city commission meetings is a great networking opportunity.
- Sawgrass Mills Mall (Sunrise, but adjacent): While not in Coral Springs, this mega-mall and the surrounding commercial corridor (The Landings at Sawgrass) employ thousands in retail, management, and security. Many of these employees live in Coral Springs for the schools and commute.
- Broward County Public Schools (Administrative): The districtās main administrative offices are a short drive away, employing professionals who often seek suburban homes in Coral Springs.
- Local Real Estate Brokerages: The "jobs" are also with the brokerages themselves. Firms like RE/MAX, Keller Williams, and Coldwell Banker have strong local offices. As a new agent, your "job" is to get hired by a brokerage with a robust training program and a healthy split.
- The "Unofficial" Giant: The Sunshine State. Coral Springs is a top destination for retirees and families from the Northeast. Your "job" is to become the expert for relocation clients. Partner with relocation departments of major companies.
Hiring Trends: The 3% job growth is slow but stable. The trend isn't for massive brokerage hiring sprees but for seasoned agents who can handle the volume of relocations and family moves. New agents succeed by specializing earlyāperhaps in townhomes for first-time buyers or luxury homes in The Hills.
Getting Licensed in FL
The process is straightforward but requires commitment. The Florida Department of Business and Professional Regulation (DBPR) oversees it.
Requirements:
- Education: Complete a 63-hour pre-licensing course from a state-approved school. This covers real estate principles, Florida law, and more. Cost: $200 - $400.
- Exam: Pass the Florida Real Estate Sales Associate Exam. The state exam fee is $36.75. Youāll need to schedule this through Pearson VUE.
- Background Check: Undergo a background check. Fee: $83.75.
- Application & Fees: Apply to the DBPR. The license application fee is $89. You must also be affiliated with a licensed Florida broker.
Total Estimated Cost (Before Brokerage Fees): $400 - $600.
Timeline:
- Coursework: 2-6 weeks (depending on pace).
- Exam Scheduling: 1-2 weeks after course completion.
- Licensing: 2-4 weeks after passing the exam and submitting your application.
- Total Time: 2 to 3 months from start to holding your license.
Insider Tip: Donāt just pick the cheapest pre-licensing course. Invest in one that offers exam prep and practical skills, like contract writing. Many new agents fail the exam because they memorize facts instead of understanding processes.
Best Neighborhoods for Real Estate Agents
Where you live affects your commute, your networking, and your market knowledge. Coral Springs is known for its planned communities with strict HOA rules and excellent upkeep.
| Neighborhood | Vibe & Commute | Rent Estimate (1BR) | Agent Advantage |
|---|---|---|---|
| Coral Springs Country Club | Established, mature trees, golf course living. Central to everything. 10-15 min to most areas. | $1,700 - $1,900 | High-end listings, older homeowners downsizing. Great for building a luxury niche. |
| The Hills | Gated, large estates, ultra-prestigious. The pinnacle of Coral Springs. | $2,000+ (for a 2BR condo) | High-commission sales. Requires a polished, professional approach. Excellent for referrals. |
| Eagle Trace | Family-focused, excellent schools, park-like setting. Slightly west, but easy access to I-75. | $1,550 - $1,750 | The heart of the family market. Perfect for first-time buyer and move-up specialist agents. |
| Ramblewood | One of the original neighborhoods, more affordable, diverse housing stock. | $1,400 - $1,600 | Great for new agents. Lower price points mean more transactions, building volume and experience. |
| Heritage Ridge | Townhome and villa community, low maintenance. Popular with young professionals and retirees. | $1,500 - $1,700 | Perfect for specializing in townhomes and condos, a high-volume niche. |
Insider Tip: Live in the neighborhood you want to farm. Youāll learn the streets, the HOA quirks, and the local gossip at the pool or gym. This local knowledge is your biggest sales tool.
The Long Game: Career Growth
The 3% job growth doesnāt mean your income is capped. It means you have to get smarter and more specialized. The median salary of $63,656 is a starting point for a successful career path.
Specialty Premiums:
- Relocation Agent: Coral Springs is a relocation hub. Specializing in corporate relocations can provide a steady stream of clients. This often commands a premium commission because of the complexity.
- Luxury Specialist: Focusing on The Hills and Country Club estates can push your average sale price from $450k to over $1M, dramatically increasing your per-transaction income.
- Investment Property Expert: With the rise of rental demand, helping investors analyze cash-flow properties in neighborhoods like Ramblewood or Heritage Ridge can lead to repeat business.
Advancement Paths:
- Team Leader: After 5-7 years, join or start a team. This allows you to scale by taking on junior agents and administrative support, increasing your overall volume.
- Broker/Owner: The ultimate path. After 2-3 years as an associate, you can upgrade to a brokerās license and open your own shop. This comes with higher overhead but maximum profit potential.
- Commercial Real Estate: Transitioning to commercial (retail, office, land) is a significant leap but can be far more lucrative. It requires additional training and a different network.
10-Year Outlook: The 10-year job growth of 3% suggests a stable, not explosive, market. However, agents who leverage technology (virtual tours, digital marketing) and build a personal brand will outperform this average. The influx of new residents from the Northeast will continue, making agents who understand their needs (e.g., different property tax structures) highly valuable.
The Verdict: Is Coral Springs Right for You?
Coral Springs is a fantastic market for agents who value stability, family-oriented communities, and a balanced lifestyle. Itās not a get-rich-quick market, but itās a "get-stable-and-build-a-solid-career" market.
| Pros | Cons |
|---|---|
| Stable, family-driven demand with consistent sales volume. | High cost of living and rent, especially for new agents. |
| No state income tax boosts your net take-home pay. | Slower job growth (3%) means you must actively create your own opportunities. |
| Excellent school districts are a major, permanent draw for buyers. | Highly competitive market with many experienced agents; requires deep local knowledge. |
| Central location in Broward County with access to Fort Lauderdale and Miami via I-95/I-75. | Suburban feel may not appeal to agents who thrive in a dense, urban environment. |
| Planned communities mean well-maintained properties, which helps listings look good. | HOA regulations can be strict and sometimes complicate transactions. |
Final Recommendation:
Coral Springs is an excellent choice for a mid-career agent looking to plant roots and build a long-term book of business, or for a new agent with a strong local network (e.g., through a spouseās job at the hospital or school). Itās less ideal for a brand-new, solo agent with no savings, due to the high cost of living and competitive landscape. If youāre patient, community-focused, and a savvy networker, Coral Springs can provide a rewarding and financially stable real estate career.
FAQs
Q: What is the biggest challenge for new agents in Coral Springs?
A: Breaking into established networks. The community is tight-knit, and many residents use the same few agents for generations. Your biggest challenge is not finding clients, but convincing them to choose you over the "family friend" agent. The solution is hyper-local marketing: hosting community events, sponsoring youth sports, and becoming a visible, trusted resource.
Q: How important is my car in Coral Springs?
A: Absolutely essential. Coral Springs is a sprawling suburb. You will drive to showings, client meetings, and open houses across the city. Public transit is not viable for a real estate professional. Factor in a reliable vehicle and gas expenses as a non-negotiable part of your business plan.
Q: Is the market saturated?
A: Yes, but with opportunity. There are many agents, but the 269 jobs indicate a focused market. Saturation is high for generic agents. The opportunity lies in specialization. Be the "townhome expert," the "relocation specialist," or the "luxury condo agent." Differentiation is key.
Q: Whatās the one thing I should do before moving to Coral Springs to be a real estate agent?
A: Spend a week here as a resident, not a tourist. Drive the commutes at rush hour (I-75, Sample Road, Atlantic Blvd). Visit the parks, the libraries, and the grocery stores. Talk to people. This firsthand experience will give you authentic insights that no market data report can provide, and it will be immediately apparent to clients that you truly know the area.
Q: Do I need to join a local Realtor association?
A: Yes. Membership in the local association (e.g., Greater Fort Lauderdale Realtors) is critical for access to the MLS, legal forms, and networking events. Itās a cost of doing business (roughly $500-$700/year) that pays for itself in the first closing. It also gives you credibility and a code of ethics to follow.
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