How To Become a Real Estate Broker

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How Long Does It Take, What Degree Do You Need, and More

Real Estate Brokers

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.

Salary
$81630
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality



What degree do you need

Recommended degree level

Bachelor’s Degree

We did a survey to ask other Real Estate Brokers what degree they had when they became a Real Estate Broker. Here are the results.
Bachelor’s Degree
36.73%


College Certificate
23.65%


High School Diploma
12.42%


One of the most common questions that we always get is what major or degree do I need to become Real Estate Brokers or what courses do I need to take.

We also asked Real Estate Brokers what did they major in college or university and here are the top 5 most popular majors that came up.

Real Estate Development
Real Estate

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



Featured Schools

How hard is it

Difficulty
Not Too Hard

You may need some previous work-related skill, knowledge or experience to be a Real Estate Broker. For example, an electrician must complete 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.

Careers in this difficulty category will usually need 1 or 2 years of on-the-job training and informal training with experienced workers. These careers usually involve using communication and organizational skills to coordinate, supervise, manage, or train others to accomplish goals. Similar careers include hydroelectric production managers, travel agents, electricians, court reporters, and medical assistants.


Related work experience required
None

None
27.57%


2 to 4 years
23.97%


1 to 2 years
22.11%


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%



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


Knowledge required

Just like any other job, you will need certain know-hows to excel at your job. Real Estate Brokers are generally very knowledgeable 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


Learn more about Real Estate Brokers

Summary
Job Description
Salary
Requirements (You are here)
Quiz

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Related to Real Estate Brokers Requirements

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