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Real Estate Agent in Davie, FL

Median Salary

$63,656

Above National Avg

Hourly Wage

$30.6

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

Here is a comprehensive career guide for Real Estate Agents considering a move to Davie, FL.


The Salary Picture: Where Davie Stands

As a Real Estate Agent in Davie, FL, your income is fundamentally tied to commission, which makes direct salary comparisons tricky. However, based on aggregated data from the Bureau of Labor Statistics (BLS) and market analysis, we can establish a clear baseline. In Davie, the median salary for Real Estate Agents is $63,656 per year, with an average hourly rate of $30.6/hour. This positions the local market slightly above the national average of $61,480/year, which is a positive indicator for a mid-sized market.

It's crucial to understand that this median figure represents a wide range. In a commission-based field, your earnings are a direct reflection of your hustle, network, and market knowledge. The Davie metro area supports approximately 215 jobs for agents, indicating a moderately competitive but not oversaturated market. Over the last decade, the 10-year job growth has been 3%, suggesting a stable, if not rapidly expanding, field. This isn't a boomtown like parts of Texas or the Carolinas, but it's a steady, established market with consistent demand.

Experience-Level Income Breakdown

Experience Level Estimated Annual Earnings Range Key Characteristics
Entry-Level (0-2 years) $40,000 - $55,000 Heavy prospecting, building a client base, dependent on brokerage leads. Often works with more experienced agents.
Mid-Level (3-7 years) $63,656 - $85,000 Established client base, consistent referrals, may specialize in a neighborhood or property type.
Senior-Level (8-15 years) $85,000 - $120,000 Strong referral network, may mentor newer agents, handles complex transactions (e.g., waterfront, equestrian).
Expert/Top Producer (15+ years) $120,000+ Dominates a niche, high-volume sales, often a team lead, recognized market authority.

Comparison to Other Florida Cities
Compared to Florida's major metros, Davie's median of $63,656 is competitive. It sits below the high-cost, high-volume markets of Miami-Fort Lauderdale (where top agents can earn substantially more, but the cost of entry and living is far higher) and Naples (where luxury sales drive high median incomes). However, it compares favorably to markets like Orlando ($61,000 average) and Tampa ($62,500 average). The key differentiator for Davie is its unique position as a suburban hub with a distinct identity—horse country and family-oriented communities—within the Greater Fort Lauderdale area. This allows agents to specialize in a niche that's rare in other South Florida cities.

The Real Take-Home: After Taxes and Rent

Let's get real about finances. A median salary of $63,656 sounds solid, but in Florida's cost-of-living environment, it requires careful budgeting. Florida has no state income tax, which is a significant advantage. However, you'll still face federal taxes and FICA (Social Security and Medicare).

Estimated Monthly Budget for a Single Agent (Median Salary: $63,656)

Category Estimated Monthly Cost Notes
Gross Income $5,305 $63,656 / 12 months.
Federal Tax & FICA (~22%) -$1,167 This is an estimate; actual rate depends on deductions.
Net Take-Home ~$4,138
Average 1BR Rent -$1,621 Davie's average. See neighborhoods for more detail.
Utilities (Electric, Water, Internet) -$180 South Florida electricity is high, especially in summer.
Car Payment, Insurance, Gas -$550 Essential. Davie is car-dependent; you'll drive to listings, showings, and open houses.
Health Insurance -$350 Crucial for 1099 independent contractors.
Professional Expenses -$250 MLS fees, board dues, marketing, client gifts, E&O insurance.
Groceries & Essentials -$450
Discretionary/Misc. -$758 Left for savings, entertainment, dining out.

Can You Afford to Buy a Home?
The short answer is: It's challenging on a single median salary. The median home price in Davie is approximately $450,000-$500,000. For a 20% down payment ($90,000-$100,000), you'd need significant savings. With a $4,138 monthly take-home, a mortgage payment (including taxes and insurance) on a $400,000 loan would likely exceed $2,500-$2,800 per month, which is over 60% of your net income—a debt-to-income ratio no lender would approve.

Insider Tip: Many agents in Davie start by renting in a more affordable area (like western Davie or even neighboring cities like Cooper City) and reinvest heavily in their business for the first 3-5 years. Homeownership often becomes viable only after your income consistently exceeds $85,000-$100,000, or if you have a dual-income household. Consider an FHA loan with a lower down payment (3.5%) as a potential path, but be mindful of the higher monthly payment and PMI.

Where the Jobs Are: Davie's Major Employers

While you'll be a business owner, not an employee, understanding the local economy is key to finding clients. Davie's economy is diverse, with several major employment centers that produce a steady stream of buyers and sellers.

  1. Nova Southeastern University (NSU): A massive employer in Davie, with a main campus that spans over 300 acres. NSU employs thousands of faculty, staff, and graduate students across its medical, law, and business schools. Hiring Trend: Steady growth, especially in healthcare and research fields. This creates demand for both rental properties (from students and staff) and single-family homes (from established professionals and professors). Insider Tip: Target NSU faculty and staff for listings; they are stable, educated buyers who value the suburban lifestyle.

  2. Memorial Hospital Pembroke (Miramar, adjacent to Davie): While technically in Miramar, this hospital is a primary healthcare provider for Davie residents. It's part of the larger Memorial Healthcare System. Hiring Trend: Consistent demand for healthcare professionals. Nurses, technicians, and administrators often look for homes in Davie for its schools and safety. Insider Tip: Network with HR departments for relocation services; new hires often need immediate housing.

  3. Davie's Equestrian & Agricultural Sector: Davie is known as "Cowboy Town." While not a single employer, the network of stables, riding schools, feed stores, and farms (like the Bergeron Rodeo Grounds) is a significant economic niche. Hiring Trend: Stable and unique. Insider Tip: This is a specialty niche. If you have equestrian knowledge or can market to horse owners, you can dominate a high-value, less-competitive sub-market. Properties with acreage, barns, and riding trails command premium prices.

  4. Downtown Fort Lauderdale & The Port Everglades District: While not in Davie, this is the primary employment engine for the region. Davie is a 15-25 minute commute (without traffic) for many professionals. Hiring Trend: Strong growth in finance, tourism, and maritime sectors. Insider Tip: Market Davie as the ideal "home base" for Fort Lauderdale professionals seeking more space, better schools, and a quieter lifestyle than downtown offers.

  5. South Florida Education Center (SFEC) & Local Schools: Davie is part of the Broward County Public Schools system, which is a major employer. The town itself also has municipal employees. Hiring Trend: Stable. Insider Tip: School quality is a top driver for families moving to Davie. Highlight specific schools like Nova High School or Davie Elementary to attract family buyers.

  6. Retail & Service Hubs: Areas like the Davie Plaza and the commercial corridors along Davie Road and Griffin Road host numerous retail and service businesses. Hiring Trend: Moderate. Insider Tip: These employees are often first-time homebuyers. Build relationships with local businesses for referrals.

Getting Licensed in FL

Florida's licensing process is straightforward but requires investment. You must be at least 18 years old, have a high school diploma (or equivalent), and complete a 63-hour pre-licensing course from a Florida Real Estate Commission (FREC)-approved school.

Step-by-Step Timeline & Costs:

  1. Pre-Licensing Course (1-3 months, part-time): Cost: $150 - $350. Online courses are most common (e.g., from The CE Shop, Kaplan). In-person options exist in Fort Lauderdale and Miami.
  2. State Exam: After course completion, you apply for the exam through Pearson VUE. Exam Fee: $57.75. You must pass both the national and state portions.
  3. Fingerprints & Background Check: Fee: ~$100. Required for your license application.
  4. License Application: Submit your application to FREC. Fee: $89. Your license is inactive until you affiliate with a brokerage.
  5. Affiliate with a Brokerage: This is your most critical career step. Interview multiple brokerages in the Davie/Fort Lauderdale area. Expect to pay desk fees or splits (e.g., 70/30, 80/20). Some charge monthly fees ($100-$300), while others take a higher percentage of your commission.
  6. Join Local Associations: To access the MLS (Multiple Listing Service), you must join the Greater Fort Lauderdale Realtors (GFLR) and the Florida Realtors (FR). Annual Dues: ~$500 - $700.

Total Estimated Startup Cost: $1,000 - $1,500 (excluding ongoing marketing and brokerage fees).

Best Neighborhoods for Real Estate Agents

Where you live affects your commute, networking opportunities, and understanding of local markets.

  1. Davie North (33314): Close to NSU and the Fort Lauderdale border. More densely populated with townhomes and smaller single-family homes. Rent Estimate: $1,700 - $2,200/month (1BR/2BR). Best For: Agents who want a short commute to downtown Fort Lauderdale listings and easy access to NSU clients. High foot traffic and commercial areas.

  2. Davie South & Western (33324, 33325): The classic "Davie" area. Larger lots, more equestrian properties, and established subdivisions like Orange Blossom Hill. Rent Estimate: $1,600 - $2,000/month (1BR/2BR). Best For: Agents who want to specialize in single-family homes, family-friendly communities, and the equestrian niche. Offers a true suburban feel.

  3. Cooper City (Adjacent, 33328): Technically a separate city, but seamlessly connected. Highly sought-after for its top-rated schools and family amenities. Rent Estimate: $1,800 - $2,300/month. Best For: Agents who prioritize school districts and are willing to pay a premium for rent to be in a high-demand area. Note: Competitive market.

  4. Southwest Ranches (Adjacent, 33330): A neighboring town with even more rural, estate-style properties. Rent Estimate: $1,800 - $2,500/month. Best For: Agents with a focus on luxury, acreage, and equestrian properties. It's a niche market but with higher price points.

  5. Plantation (Adjacent, 33317, 33322): A larger, more urbanized neighbor with a downtown area. Rent Estimate: $1,700 - $2,100/month. Best For: Agents who want a mix of condo, townhome, and single-family sales in a more bustling environment. Great for networking with a larger population base.

The Long Game: Career Growth

In Davie, career growth isn't just about selling more houses; it's about specializing and building a reputation.

  • Specialty Premiums: The biggest premiums are in equestrian properties and waterfront (canal) homes. Agents who can speak the language of horse owners or understand the nuances of dockage and seawalls can command higher commissions. Luxury homes in areas like The Gardens or near the C-11 Canal also offer premium splits. Another growing niche is relocation services for corporate transfers, often sourced through partnerships with HR departments at NSU and Memorial Healthcare.

  • Advancement Paths:

    1. Solo Practitioner to Team Leader: After building a brand, you can hire a showing assistant and an administrative person, taking a percentage of their sales.
    2. Brokerage Management: With 2-3 years of consistent production, you can become a designated "Managing Broker" for your firm, overseeing other agents.
    3. Commercial Real Estate: Some agents leverage their residential network to transition into commercial sales (e.g., retail spaces along Davie Road or industrial lots), though this requires additional licensing and training.
  • 10-Year Outlook: The 3% job growth indicates stability, not explosive growth. The market will remain competitive. The key to long-term success will be hyper-local expertise. The agent who is the undisputed expert on a specific neighborhood (e.g., "the go-to person for Orange Blossom Hill") will outperform generalists. Technology will also be critical—virtual tours, digital marketing, and AI-driven CRM systems will separate top producers from the average. Davie's unique character as a suburban haven within a major metro area will continue to attract families and professionals, ensuring a steady, if not monumental, demand for skilled agents.

The Verdict: Is Davie Right for You?

Pros Cons
Stable, Above-Average Median Income ( $63,656 ) High Cost of Living (111.8 Index) vs. national average.
Unique Niche Markets (Equestrian, Family-Oriented) Car-Dependent Lifestyle adds to transportation costs.
Proximity to Fort Lauderdale for high-volume listings. Competitive Market with ~215 other agents.
No State Income Tax Rising Rent ($1,621 avg) can pressure early-career budgets.
Strong Community & School Demand Job Growth is Modest (3%) – not a high-growth boomtown.
Favorable Climate Year-Round (for outdoor showings) Hurricane Risk & Insurance Costs are real considerations.

Final Recommendation:
Davie, FL is a strong choice for a Real Estate Agent who values stability, community, and a unique market niche over high-risk, high-reward boomtown dynamics. It is ideal for:

  • New agents willing to invest in training and networking for the first 2-3 years on a lean budget.
  • Mid-career agents from other markets looking to specialize in family or equestrian properties.
  • Team players who can leverage the broader Fort Lauderdale market while serving a suburban client base.

It is less ideal for:

  • Agents needing immediate, high-volume sales from day one.
  • Those who prefer a walkable, urban environment.
  • Agents with low risk tolerance for hurricane season and associated insurance costs.

If you are patient, love suburban life, and are excited by the idea of becoming a local expert in one of South Florida's most distinctive towns, Davie offers a viable and rewarding career path.

FAQs

1. What is the biggest challenge for new agents in Davie?
The biggest challenge is building a client base in a relatively stable, established market. Unlike booming cities where new residents constantly arrive, Davie has a more static population. You must work harder to capture existing homeowners and compete with agents who have been in the community for decades. Networking with local businesses (e.g., the Davie Chamber of Commerce) and leveraging NSU and hospital connections is essential.

2. Do I need to specialize?
While you can be a generalist, specialization is highly recommended for long-term success. The equestrian market is a clear differentiator, but you can also specialize in first-time homebuyers (a large segment in the $300K-$500K range), seniors downsizing, or luxury properties. Specialization makes your marketing more effective and your referrals more organic.

3. How does the market compare to neighboring Cooper City?
Cooper City is often seen as the "premium" option due to its slightly higher-rated schools and more uniform housing stock, leading to faster sales and often higher average sale prices. However, Davie offers more diversity—from affordable condos to ranch estates—which can provide more entry points for clients. An agent in Davie may see a wider variety of transactions, while a Cooper City agent may focus on a more homogeneous, family-driven market.

**4. Is the $63,656 median salary realistic for a solo

📊 Compensation Analysis

Davie $63,656
National Average $61,480

📈 Earning Potential

Entry Level $47,742 - $57,290
Mid Level $57,290 - $70,022
Senior Level $70,022 - $85,936
Expert Level $85,936 - $101,850

Wage War Room

Real purchasing power breakdown

Select a city above to see who really wins the salary war.

💰 Monthly Budget

$4,138
net/mo
Rent/Housing
$1,448
Groceries
$621
Transport
$497
Utilities
$331
Savings/Misc
$1,241

📋 Snapshot

$63,656
Median
$30.6/hr
Hourly
0
Jobs
+3%
Growth

Explore More in Davie

Dive deeper into the local economy and lifestyle.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), FL State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly