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Real Estate Brokers

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.

Other titles employers use

Broker · Broker Associate · Designated Broker · Managing Broker · Real Estate Associate · Real Estate Broker · Real Estate Sales Associate · Realtor

Inside the work

What you would actually do.

6 responsibilities that define the role, before job titles and workplaces change the details.

  • 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.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Manage or operate real estate offices, handling associated business details.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.

Who it suits

Would this work hold your attention?

This career often appeals to people drawn to persuading and organizing work.

Persuading
Leading, selling, starting projects, or making a case
Organizing
Creating order, checking details, and keeping work accurate

Skills and strengths

What you would get good at.

Compare the skills the work relies on, the subjects behind it, and the abilities that make it easier to learn.

Core skills

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

Subjects to know

  • Sales and Marketing
  • Customer and Personal Service
  • English Language
  • Law and Government
  • Administration and Management

Useful strengths

  • Oral Comprehension
  • Written Comprehension
  • Oral Expression
  • Deductive Reasoning
  • Near Vision

Working day

Picture yourself doing it.

These measures show how much of the day involves people, movement, conversation, and hands-on work.

How this job scores on four measures of working conditions, out of five
MeasureOut of 5What that means here
Close to other people3.2 Shared rooms, but not shoulder to shoulder
On your feet2.4 Mostly seated
Talking face to face4.8 Continuous — the job is conversations
Working with your hands1.9 Little of the day

Preparation

How people prepare for this work.

Employers usually ask for a high school diploma. Other routes may also lead into the field.

  • A four-year degree 37%
  • A certificate or some college 24%
  • High school or less 16%
  • A master's degree 9%
  • A doctorate or professional degree 8%
  • A two-year degree 6%

Tools of the work

Technology you may use.

  • Data base user interface and query software
  • Customer relationship management CRM software
  • Graphics or photo imaging software
  • Web page creation and editing software
  • Accounting software
  • Web platform development software
  • Spreadsheet software
  • Office suite software

Opportunity near you

See where this work is growing.

Choose a state to compare the size of the field, annual openings, and expected hiring change.

Selected stateCalifornia
People doing this work
15,500
Job openings each year
1,290
Expected hiring change, 2022–2032
Compare every available state
State People doing it Job openings each year Expected change
California 15,500 1,290
Colorado 14,030 1,220 7.9%
Florida 8,300 740 12.6%
North Carolina 7,950 710 11.0%
Oregon 6,750 590 8.0%
Texas 6,530 600 16.8%
New York 6,170 10 1.8%
Missouri 4,860 430 9.5%
Arizona 4,050 350 6.6%
South Carolina 3,830 350 14.3%
Pennsylvania 3,510 300 4.2%
Virginia 3,480 290
Washington 2,830 190 −7.8%
Georgia 2,780 240 6.5%
Illinois 2,580 210
Tennessee 2,560 250 29.9%
Louisiana 2,530 210 3.3%
Michigan 2,390 200 1.3%
Indiana 2,200 190 2.3%
Minnesota 2,180 180 1.9%
Utah 2,010 190 19.6%
Alabama 1,700 150 4.9%
Maryland 1,670 150 5.7%
Maine 1,510 120 −1.3%
Ohio 1,390 120 1.5%
Massachusetts 1,380 120 5.3%
Kansas 1,320 110 3.9%
New Mexico 1,320 120 8.2%
Wisconsin 1,220 110 8.9%
New Jersey 940 80 −1.1%
Iowa 810 70 8.0%
Kentucky 770 70 1.3%
Nebraska 670 60 6.3%
Puerto Rico 560 50 19.1%
Idaho 530 50 20.5%
Mississippi 490 40 4.3%
Vermont 450 40 7.1%
West Virginia 340 30 13.3%
Montana 300 30 11.1%
Connecticut 290 30 7.4%
Delaware 270 20 3.8%
North Dakota 200 20
District of Columbia 80 10
New Hampshire 80 10 14.3%

Career to college

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