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Career Exploration

Real Estate Brokers

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

What they 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.

On the job, you would:
  • 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.
On the job, you'll need:

Business

  • sales and marketing
  • customer service

Arts and Humanities

  • English language

Safety and Government

  • law and government

Engineering and Technology

  • computers and electronics

Basic Skills

  • talking to others
  • listening to others, not interrupting, and asking good questions

Social

  • bringing people together to solve differences
  • talking people into changing their minds or their behavior

Problem Solving

  • noticing a problem and figuring out the best way to solve it

Verbal

  • communicate by speaking
  • listen and understand what people say

Ideas and Logic

  • use rules to solve problems
  • notice when problems happen

Enterprising

People interested in this work like activities that include leading, making decisions, and business.

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

Data base user interface and query software

  • Microsoft Access
  • Yardi software

Presentation software

  • Microsoft PowerPoint

Internet browser software

  • Microsoft Internet Explorer
  • Web browser software

Video courtesy of CareerOneStop.

Job Outlook

The job outlook for this position is Average.

New job opportunities are likely in the future.

Median Annual Salary: $62,190

Education

Bachelor's degree or some college is usually needed.