Real Estate Brokers

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

Job Outlook

Overall employment of real estate brokers and sales agents is projected to grow 4 percent from 2020 to 2030, slower than the average for all occupations. Despite limited employment growth, about 47,500 openings for real estate brokers and sales agents are projected each year, on average, over the decade. Most 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.

Read More
No Information for this section

Salary

Average Salary

Salary

$60,370

State-by-state Salary

Gray states indicate no data available

$114,260
$20,560
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

Select major to see colleges that offer it

Knowledge

  • Customer and Personal Service
  • Sales and Marketing
  • Clerical
  • 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
No Information for this section