How To Become A Real Estate Broker: Degree and Education Requirements

Stanley TanLeave a Comment



what degree do you need to become a Real Estate Broker
majors for Real Estate Brokers

Real Estate Brokers

Other names for this job might include Broker, Broker Assistant, Broker Associate, Buyer Broker, Closing Agent, Contract Specialist, Dealer, Designated Broker, Lease Administration Analyst, Lease Analyst


  • $80210
    Salary
  • 67%
    Job satisfaction
  • Medium
    Becoming one
  • Medium
    Job growth
OwlGuru Rank

B



Be A Real Estate Broker: What You Really Need


In this requirements guide for Real Estate Brokers, you will find out what do you need to become a Real Estate Broker and what it takes to become one.

After reading this, you will be able to plan for your future if you want to be a Real Estate Broker.



Degree required

Recommended degree level

Between High School Diploma and Associate’s Degree

Bachelors degree
36.73%

Some college courses
23.65%

High School Diploma
12.42%

Post-bachelor certificate
8.6%

First professional degree
8.6%

Generally, employers are looking for Real Estate Brokers who have a Bachelors degree. They also prefer someone who is good in Speaking and Active Listening.

1 common question that we always get is what major or degree do I need to become A Real Estate Broker or what courses do I need to take.

We did a survey to ask other Real Estate Brokers what did they major in college or university and here are the most popular majors that came up.

Real Estate Development
Real Estate

Real estate brokers and sales agents need at least a high school diploma.



Schools

schools for Real Estate Brokers

Interested in becoming A Real Estate Broker? Find the right schools that can help you to become one. You will need some of your details to get you matched with the right college or university. This service is free thanks to our sponsors.

Questions to ask the university or college:

  1. How many students are in the program?
  2. Is your program accredited?
  3. How many faculty members do you have? Do they hold the right credentials?
  4. What is your job placement rate?
  5. Does your school hold career fairs or other on-campus events with employers? How many employers typically attend?
  6. How many of your students have at least one internship by graduation?

Click to start becoming a Real Estate Broker




How long does it take

Difficulty
Medium

You may need some previous work-related skill, knowledge or experience to be A Real Estate Broker.

For example: An electrician must have completed three or four years of apprenticeship or several years of vocational training, and often must have passed a licensing exam, in order to perform the job.

To become A Real Estate Broker, you will usually need 1 to 2 years of training which includes both on-the-job experience and training with experienced workers.


How long does it take
1 1/2 to 3 years


Work experience
1 to 2 years

No experience
27.57%

2 to 4 years
23.97%

1 to 2 years
22.11%

4 to 6 years
11.34%

1 to 3 months
8.87%

Job training
6 months to 1 year

6 months to 1 year
24.1%

1 to 3 months
21.84%

2 to 4 years
19.66%

1 to 2 years
16.9%

4 to 10 years
9.52%

Most Real Estate Brokers have 1 to 2 years work experience and 6 months to 1 year job training.

To increase your chances of getting a job, you can look for job training while studying to be one.



License and certifications

Do you need any license or certification
Required


In all states and the District of Columbia, real estate brokers must be licensed. Licensing requirements vary by state. To obtain a broker’s license, individuals typically need 1 to 3 years of experience as a licensed sales agent. In some states, a bachelor’s degree may be substituted in place of some experience or training requirements.



Skills required

We asked other Real Estate Brokers if they could only have 5 skills, what would they be. Here is what they said.

1. Speaking what does this mean
2.Active Listening what does this mean
3.Reading Comprehension what does this mean
4.Critical Thinking what does this mean
5.Social Perceptiveness what does this mean
= Hot in-demand that most employers are looking for

We did some research and found that most successful Real Estate Brokers have these 5 common characteristics. Most of them had Integrity and Initiative.

1.Integrity
2.Initiative
3.Stress Tolerance
4.Persistence
5.Attention to Detail




Knowledge required

Just like any other job, you will need some know-hows to do the job. To become a successful Real Estate Brokers you need to acquire knowledge in these 5 key areas.

1. Sales and Marketing what does this mean
2.Customer and Personal Service what does this mean
3.English Language what does this mean
4.Administration and Management what does this mean
5.Clerical what does this mean

As A Real Estate Broker, you may also be required to know how to use certain Graphics or photo imaging software, Data base user interface and query software and Data base user interface and query software tools.

Adobe Systems Adobe Photoshop software (Graphics or photo imaging software)
AMTdirect (Data base user interface and query software)
AppFolio Property Manager (Data base user interface and query software)
Customer relationship management CRM software (Customer relationship management CRM software)
Deep Forest Systems OnCite (Data base user interface and query software)
= Hot in-demand that most employers are looking for




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Related to Real Estate Brokers Requirements

Real Estate Brokers requirements, how to become Real Estate Brokers, degree required to be a Real Estate Broker, Real Estate Brokers license and certifications, majors to be a Real Estate Broker, is it hard to become a Real Estate Broker and how long does it take

Additional resources

http://www.bls.gov/OOH/sales/real-estate-brokers-and-sales-agents.htm
http://www.nareb.com/
http://www.realtor.org/

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Real Estate Brokers
Written by: Stanley Tan
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.
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