VetMF

Occupation

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.

$73,220 medianBachelor's typical

O*NET 31.0 · 41-9021.00

A typical week, in the words of people in the job

  1. 01Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
  2. 02Rent properties or manage rental properties.
  3. 03Appraise property values, assessing income potential when relevant.
  4. 04Compare a property with similar properties that have recently sold to determine its competitive market price.
  5. 05Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
  6. 06Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.
  7. 07Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  8. 08Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  9. 09Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  10. 10Manage or operate real estate offices, handling associated business details.
  11. 11Develop, sell, or lease property used for industry or manufacturing.
  12. 12Obtain agreements from property owners to place properties for sale with real estate firms.

Task statements ranked by how many workers report them · O*NET 31.0

What the posting will be called

BrokerBroker AssociateManaging BrokerRealtorCommercial Leasing BrokerCommercial Real Estate AdvisorCommercial Real Estate BrokerDesignated BrokerReal Estate AssociateReal Estate Sales Associate

Titles reported by employers for this occupation. Search job boards with these, not the O*NET name.

Knowledge the job leans on

Sales and MarketingEnglish LanguageEconomics and AccountingCustomer and Personal ServiceAdministration and ManagementMathematicsAdministrativeLaw and Government

Skills that carry over from service

NegotiationPersuasionJudgment and Decision MakingService OrientationSocial PerceptivenessComplex Problem SolvingCoordinationTime Management
Real Estate Brokers — what the job is, pay, outlook, how to get in | VetMF