Real Estate Broker
What Does A Real Estate Broker Do?
A real estate broker helps people to buy, sell, or rent property. A broker may own a real estate business; a realtor must work under the guidance of a broker.
How Do I Become A Real Estate Broker?
A high school diploma or equivalent is required. An individual must also take one or a series of real estate courses and complete a licensure exam in order to work in this field.
What is the Average Salary For A Real Estate Broker?
High – 125,000
Median – 50,000
Low – 25,000
What Courses Should I Take To Become A Real Estate Broker?
- English – As much as possible!
- Communication
- Business
- Finance
- Real Estate
- Psychology
What Is The Work Environment For A Real Estate Broker?
Real estate brokers typically work in real estate or leasing offices. About half of them are self-employed. Brokers spend some time in the office doing research and supervising realtors, but they will spend a lot of time showing properties to potential buyers. Evening and weekend work should be expected. Some brokers may only work part-time.
What Is The Future Outlook For A Real Estate Broker?
Over the next 10 years, the job prospects for this position are best in areas where there is a lot of real estate activity. There will likely be a lot of competition for these positions. Opportunities are better for brokers than for realtors (agents).
References
- Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
- Explore Careers, Labour Market Information, Government of Canada
