Real Estate Brokers

Also Called: Broker, Managing Broker, Real Estate Broker, Realtor

Bachelor's Degree

usually needed

Not Available
(Students Only)
Match Percentage

$36,490

Entry Salary

Average

Job outlook

What Real Estate Brokers do

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.

  • Sell, for a fee, real estate owned by others.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
Industry Areas:

Retail Sales and Services

Training Program Areas:

OCT-Only Retail Sales & Service • Retail Sales

Expand For Additional Details

Work Context

  • Electronic Mail
  • Telephone
  • Freedom to Make Decisions
  • Structured versus Unstructured Work
  • Face-to-Face Discussions

Tools

  • Photocopiers
  • Tape measures
  • Automobiles or cars
  • Notebook computers
  • Personal digital assistant PDAs or organizers

Technology

Data base user interface and query software
Microsoft Access
Propertyware
Presentation software
Microsoft PowerPoint
Internet browser software
Microsoft Internet Explorer
Web browser software

The Education & Training You Need

Skills

  • Speaking
  • Active Listening
  • Critical Thinking
  • Reading Comprehension
  • Active Learning

Knowledge

Business
sales and marketing
customer service
Arts and Humanities
English language
Safety and Government
law and government
Engineering and Technology
computers and electronics

Education

  • 37% Bachelor's degree
  • 24% Some college, no degree
  • 12% High school diploma or equivalent

Experience

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

What are some related occupations at different educational levels?


Job Training Match

Sales Representatives, Wholesale & Manufacturing

Educational Level

High School Diploma or Equivalent

Insurance Appraisers, Auto Damage

Educational Level

Post-secondary, non-degree

 Job Training Match

Architectural & Civil Drafters

Educational Level

Associate's Degree

 Job Training Match

Real Estate Brokers Currently Selected

Educational Level

Bachelor's Degree

Architecture Teachers, Postsecondary

Educational Level

Advanced Degree

What are your training options on the pathway to this occupation?

Advanced Training

There are currently no advanced training opportunities for this career.

ACT & College

  • Abilene Christian University

    Abilene, TX

  • Amarillo College

    Amarillo, TX

Apprenticeships

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Are You a Good Fit?

Occupation Traits

    • Conventional (Organizer)
    • Enterprising (Persuader)

Work Styles

  • Integrity
  • Initiative
  • Stress Tolerance
  • Attention to Detail
  • Persistence
  • Achievement/Effort

Values

  • Independence
  • Achievement
  • Relationships

Abilities

  • Verbal
  • Ideas and Logic

This is what Real Estate Brokers across the country typically make.

$17.54 / hour
$36,490 /year

Entry Level

$30.32 / hour
$63,060 /year

Median Level

$77.39 / hour
$160,980 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Average

Please be sure to verify the outlook of this occupation with your instructor.

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