In this career summary, you will find out what the job of a Real Estate Broker is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
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.
Real Estate Brokers with little to no experience tend to make between $22750 and $36580 while the more experienced ones can earn over $92790 per year.
Top 5 paying states
One of the easiest ways to increase your salary as a Real Estate Broker is to move to a higher paying state like IL. Right now, the highest paying states for Real Estate Brokers are IL, CT, NM, WI and TX.
However a higher pay at IL doesn’t guarantee that you will make more because the living expenses at IL might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Real Estate Broker is the degree you hold, the industry you work in and lastly the company you work for.
People who are suitable for this job tends to like starting up and carrying out projects. They like leading people and making many decisions. Sometimes they require risk taking and often deal with business..
They also like following set procedures and routines. They like working with data and details more than with ideas.
rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
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