Median Salary
$60,244
Vs National Avg
Hourly Wage
$28.96
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Overland Park Real Estate Agent Career Guide
As a career analyst who has watched the Kansas City metro areaās real estate market for over a decade, Iāll tell you straight: Overland Park isnāt just another suburb. Itās a self-sustaining economic engine with a unique blend of corporate headquarters, established family neighborhoods, and a relentless drive for growth. For a real estate agent, that translates to a diverse client base and a market thatās both competitive and forgiving. But is it the right move for your career? Letās run the numbers and look at the streets.
The Salary Picture: Where Overland Park Stands
Letās cut through the noise. According to the U.S. Bureau of Labor Statistics (BLS) and local market analyses, the median salary for a Real Estate Agent in the Overland Park area is $60,244/year. This breaks down to an hourly rate of $28.96/hour. Itās important to understand that this is a median figureāhalf of the agents earn more, half earn less. This number sits slightly below the national average of $61,480/year, but the cost of living in Overland Park is significantly lower, which weāll explore later.
The job market itself is stable but not explosive. There are approximately 394 real estate agent jobs in the metro area, and the 10-year job growth is projected at 3%. This isnāt a field where youāll see wild, tech-style booms; itās a steady, relationship-based profession. The key to earning above the median here isnāt just volumeāitās specialization and deep local knowledge.
Experience-Level Breakdown
Your income potential directly correlates with your experience, network, and niche. Hereās a realistic breakdown for Overland Park:
| Experience Level | Typical Annual Commission (Pre-Tax) | Key Characteristics in Overland Park |
|---|---|---|
| Entry-Level (0-2 years) | $40,000 - $55,000 | Relies heavily on brokerage leads, open houses, and sphere of influence. Focuses on first-time homebuyers in mid-market neighborhoods like Shawnee or Lenexa. |
| Mid-Level (3-7 years) | $60,000 - $85,000 | Has a repeat client base. Specializes in a neighborhood (e.g., Brookside, but within OP). Handles a mix of buyers and sellers. Navigates complex transactions (e.g., new construction in areas like Collinwood). |
| Senior (8-15 years) | $85,000 - $120,000 | Established brand. Works with relocating executives (thanks to corporate HQs). Expert in luxury markets (e.g., homes over $600k in Cedar Lake or Leawood borders). High referral rate. |
| Expert/Top Producer (15+ years) | $120,000+ | Manages a team. Deep connections with builders, lenders, and attorneys. Commands premium listings in high-demand areas. Often involved in commercial real estate or investment properties. |
Comparison to Other Kansas Cities
Overland Park is the largest city in Kansas by population within the metro, and its salary reflects that robust market. To put it in perspective:
- Wichita: Median salary is lower (~$55,000), with a smaller, more commodity-driven market.
- Topeka: State capital, with government-driven demand; median salary similar to Wichita.
- Kansas City, MO: The urban core has a higher median salary (~$63,000) but also a higher cost of living and more intense competition from a dense agent pool.
Overland Park offers a "sweet spot": major market volume without the hyper-competition of a dense downtown core.
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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 finances. A median salary of $60,244 sounds solid, but what does it mean for your monthly budget? As a self-employed 1099 contractor, youāll pay both the employee and employer portions of Social Security and Medicare (approx. 15.3% on the first ~$160k of income), plus federal and state income taxes. A rough estimate is that youāll keep about 65-70% of your gross commission after taxes and business expenses.
Monthly Budget Breakdown for an Agent Earning $60,244:
- Gross Monthly Income: ~$5,020
- Estimated Taxes & Business Expenses (30%): -$1,506
- Net Take-Home: ~$3,514
Now, letās layer in the local cost of living. The average rent for a 1-bedroom apartment in Overland Park is $839/month. The Cost of Living Index is 93.3 (US avg = 100), meaning itās about 6.7% cheaper than the national average.
Sample Monthly Budget (Net Take-Home: $3,514):
- Housing (Rent): $839 (24% of net income)
- Utilities & Internet: $150
- Groceries: $300
- Car Payment/Insurance/Gas: $450 (essential for showing homes across a spread-out city)
- Health Insurance (Marketplace): $350 (a major variable for independents)
- Misc. & Savings: $1,425
Can they afford to buy a home? Yes, comfortably. With a net take-home of ~$3,500 and a median home price in Overland Park around $325,000, a 20% down payment ($65,000) is the biggest hurdle. However, many agents use FHA loans (3.5% down) or buy in developing areas. A monthly mortgage payment (PITI) on a $300k home could be ~$1,800-$2,000, which is ~57% of the net take-home. This is high but manageable if you have a dual income or a strong, consistent commission flow. Insider tip: Many successful agents I know buy their first home in a neighborhood like Lenexa or Prairie Village (technically a separate city but part of the same market) and use it as a listing and investment property.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Overland Park's Major Employers
Real estate is tied to the local economyās health. Overland Park is a corporate powerhouse, which fuels a constant stream of relocation buyers and high-end rentals. Here are the key employers driving housing demand:
- T-Mobile (National Headquarters - Overland Park): The cityās single largest employer. The move from Bellevue, WA, has brought thousands of employees. Hiring Trend: Ongoing. They are a primary source for relocation buyers seeking homes in areas like Cedar Creek or Tomahawk Creek. Agents who build relationships with T-Mobileās relocation department can get a steady stream of leads.
- Sprint (now part of T-Mobile): While merged, the legacy campus and tech workforce remain a significant economic force. The area around 119th & Nall is a major employment hub.
- Black & Veatch: A global engineering, construction, and consulting firm headquartered here. Employs over 2,000 people in the area. Their staff tends to be well-compensated and often buy in established, quality neighborhoods like Brookridge.
- Cerner Corporation (now Oracle Health): While its main campus is in Kansas City, MO, it has a substantial presence in Overland Park. The tech sector here is strong, attracting a younger, affluent buyer pool looking for modern homes or townhomes.
- Johnson County Community College (JCCC): A massive public institution with over 20,000 students and 3,000+ employees. It stabilizes the local housing market year-round, creating demand for rentals and starter homes.
- Overland Park Regional Medical Center & Olathe Medical Center: Major healthcare employers. Nurses, doctors, and administrators are a core buyer demographic, often seeking homes with short commutes to these facilities.
- County Government (Johnson County): A stable, large employer with a consistent workforce looking for homes in the suburbs.
Insider Tip: The biggest hiring trend isnāt just new jobs; itās internal transfers. T-Mobile or Black & Veatch employees moving from other cities into Overland Park are a goldmine. Market yourself as a relocation specialist for these specific companies.
Getting Licensed in KS
The process is straightforward and regulated by the Kansas Real Estate Commission (KREC). Hereās the step-by-step:
- Pre-Licensing Education: You must complete 60 hours of approved pre-licensing education. This can be done online or in-person through schools like The Real Estate School of Kansas or Kansas City Real Estate School. Cost: $300 - $500.
- Background Check: Submit fingerprints for a background check through the KREC. Cost: ~$75.
- State Exam: Pass the Kansas Real Estate Salesperson Exam. Itās a two-part exam (national and state-specific). Youāll need to schedule it through Pearson VUE. Exam Fee: $152.
- License Application: Once you pass, submit your application to KREC with proof of education, exam results, and background check. Application Fee: $100.
- Affiliation: You must be affiliated with a licensed Kansas brokerage. This is non-negotiable; you cannot practice independently as a new agent. Brokerage fees vary widely (desk fees, commission splits, etc.).
Total Estimated Cost to Get Licensed: $627 - $827 (plus any course materials).
Timeline: From starting your course to holding your active license, expect 2-4 months. The longest delay is often waiting for exam dates and KREC processing.
Insider Tip: Donāt just shop for the cheapest brokerage. Look for one with strong training programs and mentorship, especially in a market like Overland Park with complex suburban subdivisions. A good split (e.g., 70/30 or 80/20) is important, but the training is what gets you to the median salary faster.
Best Neighborhoods for Real Estate Agents
Where you live impacts your commute, networking, and vibe. Overland Park is vast, so pick your home base wisely.
| Neighborhood | Vibe & Commute | Why It's Good for Agents | Avg. 1BR Rent |
|---|---|---|---|
| Downtown Overland Park | Urban, walkable, vibrant. Central to the city. | Proximity to everything. Easy to meet clients for coffee at places like The Roasterie. The Farmers Market is a networking goldmine. | $1,150+ |
| Cedar Creek / Tomahawk Creek | Upscale, quiet, established. West of I-435. | Lives in the market you serve. You'll be surrounded by potential clients (executives, doctors). Great for building luxury expertise. | $1,000 - $1,200 |
| Lenexa City Center | Modern, growing, family-friendly. Near the new Lenexa Public Market. | The epicenter of new construction and development. Perfect for agents specializing in new builds and modern townhomes. | $950 - $1,100 |
| Shawnee Mission / 75th & Metcalf | Classic suburban, convenient, diverse price points. | Central location with easy access to major employers (T-Mobile, Sprint) and top-rated Shawnee Mission School District. High demand from families. | $850 - $1,000 |
| College Boulevard Corridor | Commercial, bustling, younger demographic. Near JCCC and corporate parks. | Great for rental investors and helping first-time buyers find condos/townhomes. High foot traffic for open houses. | $775 - $900 |
Insider Tip: Consider renting in a neighborhood where you want to build your farm area. Living in Downtown Overland Park gives you instant credibility as a local expert, but itās pricier. Lenexa offers a balance of affordability and growth potential.
The Long Game: Career Growth
The 3% job growth indicates a stable, not explosive, field. To grow, you must differentiate.
Specialty Premiums: In Overland Park, these niches pay off:
- Relocation Specialist: Working with corporate transferees (T-Mobile, etc.). Can command higher fees due to complexity.
- Luxury Market: Homes over $600k in areas like Cedar Lake or the border of Leawood. Requires high-end marketing and networking.
- New Construction: With ongoing development in Lenexa and western OP, having builder relationships is key.
- Investment Properties: Helping investors buy duplexes or small multi-families in areas like Roeland Park or Mission.
Advancement Paths:
- Solo Agent to Team Leader: Build a team of 2-3 agents to handle volume.
- Brokerage Owner: After years of experience, you can open your own brokerage (requires a brokerās license, which needs 2+ years as an agent and more coursework).
- Commercial Real Estate: Transition to commercial sales, which has a higher barrier to entry but larger transaction sizes.
- Real Estate Coaching/Mentoring: Leverage your experience to train new agents.
10-Year Outlook: The market will remain agent-driven. Technology (AI, virtual tours) will change tools, but the need for a local guide wonāt vanish. Overland Parkās population is aging, and the baby boomer generation will be selling homes, creating a wave of inventory. The agents who succeed will be those who master digital marketing while maintaining old-school personal relationships. The median salary may creep up, but the 3% growth suggests it wonāt skyrocket. Your income will depend on your skill, not the marketās windfalls.
The Verdict: Is Overland Park Right for You?
| Pros | Cons |
|---|---|
| Strong, stable economy with major corporate employers. | Highly competitive market from both local and national brokerages. |
| Lower cost of living than many major metros. | Car-dependent city; you must be comfortable driving extensively. |
| Diverse housing stock from starter homes to luxury estates. | Income is 100% commission-based; requires financial discipline. |
| Excellent school districts (Shawnee Mission, Olathe) drive family demand. | Market is somewhat saturated with agents; finding a niche is critical. |
| Central location in the KC metro for serving clients across the metro. | Winters can be harsh, affecting showings and open houses. |
Final Recommendation: Overland Park is an excellent choice for a real estate agent who is disciplined, a self-starter, and enjoys suburban community life. It rewards agents who build deep local expertise and a strong personal brand. If youāre looking for a high-stakes, fast-paced urban market like Chicago or NYC, this isnāt it. But if you want a stable, growing market with a reasonable cost of living and the potential for a great quality of life, Overland Park is a smart career bet.
FAQs
Q: Do I need a car to be a real estate agent in Overland Park?
A: Absolutely, yes. The city is spread out over nearly 75 square miles, and youāll be driving to showings, client meetings, and open houses across different neighborhoods. Public transit is not a viable option for this job.
Q: How long does it typically take to make a stable income?
A: Plan for at least 12-18 months. Your first year is often about building your pipeline. Many agents rely on savings or a part-time job initially. Reaching the median salary of $60,244 by the end of year two is a realistic goal if youāre consistent.
Q: Is the market saturated with agents?
A: Yes, but thatās true everywhere. The key is differentiation. There are ~394 jobs in the metro, but thousands of licensed agents. By specializing (e.g., first-time buyers in Shawnee, luxury in Cedar Creek) and leveraging local employers, you can carve out a successful niche.
Q: How important is it to join a big-name national brokerage?
A: It helps with brand recognition, but itās not everything. A smaller, local brokerage with excellent training and a supportive culture can be more beneficial for a new agent. Interview multiple brokeragesāask about their training, technology, and commission splits.
Q: Whatās the biggest challenge for new agents in Overland Park?
A: Two things: lead generation and market knowledge. Youāre not just selling a house; youāre selling your expertise on a specific micro-market. Walking into a neighborhood and knowing the school, the park, the recent sales, and the vibe is what will win you clients over a Zillow algorithm.
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