Real Estate Brokers | Career

General Information

Description

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Workplace at a Glance

What you can expect to experience while on the job

Responsibility
Exposure to job hazards
Physical activity
Decision making
Repetitiveness
Level of competition
Time pressure

Industry areas

Marketing

Job Outlook

Overall employment of real estate brokers and sales agents is projected to grow 5 percent from 2021 to 2031, about as fast as the average for all occupations. About 54,800 openings for real estate brokers and sales agents are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Similar Careers

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Salary

Average Salary

Salary

$62,010

State-by-state Salary

Gray states indicate no data available

$100,480

$30,600

No Information for this section

Education

Most Common Education Levels

People in this career achieve this level of education.

Bachelor's degree 36%
Some college 23%
High school 12%
Post baccalaureate 8%
First professional degree 8%
Associate's degree 5%
Less than high school 3%
Master's degree 0%
Doctoral degree 0%
Post-doctoral training 0%
Post-master's certificate 0%
Post-secondary certificate 0%

Related College Majors

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Knowledge

Customer and Personal Service
Sales and Marketing
Administrative
Administration and Management
English Language

Skills at a Glance

Skills helpful in this career

Verbal skills
Critical thinking & problem solving
Equipment operation & maintenance
Math & science skills
Technology design & control
Leadership

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