Real estate agents who are sometimes called “realtors” or “real estate brokers” deal with transactions related to the purchase and sale of real estate property. They serve as the intermediary between individuals purchasing property and those selling it. They can specialize in the purchase or sale of residential homes or of commercial property but some also handle the rental and leasing of properties. There is no specific degree required to become a real-estate agent although most have taken at least some college courses in marketing and accounting. However real-estate brokers are required to have a license which they can earn by completing 30 to 90 hours of training and then passing an exam that insures they understand all legal aspects of the business. In many states licenses must be renewed periodically. Real estate brokers need to be on top of trends in real estate and they must be adept at using a computer to access updated information online regarding the purchase and sale of property. Also they should have good interpersonal skills because they need to maintain contacts in the community so they know which properties will be coming on the market and which are about to be sold. They need excellent negotiating skills and they must be willing to face competition from other real estate agents when they are trying to attract new clients. According to the website httprealestateagentsalary.com salaries for real estate agents depend on commissions which are based on a percentage of the price of the properties they sell. Income can fluctuate widely depending on geographical location and the state of the economy. The average income for real estate brokers is $36000 a year. However those with experience average $60000 a year and those specializing in high-end properties can have annual earnings of half a million dollars or more.
|Education Required:||High School Diploma & Certification and/or License|
|Tasks:||Compares home prices.
Helps clients find property available for purchase.
Lists real estate for sale.
Helps to negotiate the sale and/or purchase price on a piece of property.
Real Estate Broker