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).


  • Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook
  • Explore Careers, Labour Market Information, Government of Canada

What Degree Should I Consider If I Want To Be A Real Estate Broker?