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Real Estate Brokers

Sales and Related (41-9021)

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.

At a Glance

Real Estate Brokers earns a median of $72,280/yr with +3.3% projected growth. Typical entry: High school diploma or equivalent. Top skills: Integrity, Attention to Detail, Dependability.

Median Annual Wage

$72,280/yr

Projected Growth (2024-34)

+3.3%

Annual Openings

10

Typical Education

High school diploma or equivalent

Skills & Requirements

Skills (11)

Speaking

Talking to others to convey information effectively.

4.0
Reading Comprehension

Understanding written sentences and paragraphs in work-related documents.

3.9
Active Listening

Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

3.9
Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

3.9
Negotiation

Bringing others together and trying to reconcile differences.

3.6
Active Learning

Understanding the implications of new information for both current and future problem-solving and decision-making.

3.6
Persuasion

Persuading others to change their minds or behavior.

3.5
Social Perceptiveness

Being aware of others' reactions and understanding why they react as they do.

3.4
Writing

Communicating effectively in writing as appropriate for the needs of the audience.

3.4
Judgment and Decision Making

Considering the relative costs and benefits of potential actions to choose the most appropriate one.

3.4
Service Orientation

Actively looking for ways to help people.

3.3

Knowledge (8)

Sales and Marketing

Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

4.5
Customer and Personal Service

Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

4.3
English Language

Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.

4.1
Law and Government

Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

4.0
Administration and Management

Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

3.9
Economics and Accounting

Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

3.5
Computers and Electronics

Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

3.4
Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

3.3

Abilities (10)

Oral Expression

The ability to communicate information and ideas in speaking so others will understand.

4.0
Oral Comprehension

The ability to listen to and understand information and ideas presented through spoken words and sentences.

4.0
Written Comprehension

The ability to read and understand information and ideas presented in writing.

4.0
Speech Clarity

The ability to speak clearly so others can understand you.

3.6
Speech Recognition

The ability to identify and understand the speech of another person.

3.6
Near Vision

The ability to see details at close range (within a few feet of the observer).

3.6
Deductive Reasoning

The ability to apply general rules to specific problems to produce answers that make sense.

3.6
Written Expression

The ability to communicate information and ideas in writing so others will understand.

3.5
Problem Sensitivity

The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.

3.4
Inductive Reasoning

The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

3.3

Technology (12)

Microsoft Outlook

Category: Electronic mail software | Hot Technology | In Demand

4.5
Salesforce software

Category: Customer relationship management CRM software | Hot Technology

4.5
Microsoft Word

Category: Word processing software | Hot Technology

4.5
Yardi software

Category: Data base user interface and query software | Hot Technology

4.5
Microsoft PowerPoint

Category: Presentation software | Hot Technology | In Demand

4.5
Microsoft Office software

Category: Office suite software | Hot Technology | In Demand

4.5
Microsoft Excel

Category: Spreadsheet software | Hot Technology | In Demand

4.5
Microsoft Active Server Pages ASP

Category: Web platform development software | Hot Technology

4.5
Microsoft Access

Category: Data base user interface and query software | Hot Technology

4.5
Intuit QuickBooks

Category: Accounting software | Hot Technology

4.5
Facebook

Category: Web page creation and editing software | Hot Technology

4.5
Adobe Photoshop

Category: Graphics or photo imaging software | Hot Technology

4.5

Work Activities (18)

Getting Information

Observing, receiving, and otherwise obtaining information from all relevant sources.

4.4
Establishing and Maintaining Interpersonal Relationships

Developing constructive and cooperative working relationships with others, and maintaining them over time.

4.3
Updating and Using Relevant Knowledge

Keeping up-to-date technically and applying new knowledge to your job.

4.3
Working with Computers

Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

3.9
Communicating with People Outside the Organization

Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.

3.8
Selling or Influencing Others

Convincing others to buy merchandise/goods or to otherwise change their minds or actions.

3.8
Performing Administrative Activities

Performing day-to-day administrative tasks such as maintaining information files and processing paperwork.

3.8
Making Decisions and Solving Problems

Analyzing information and evaluating results to choose the best solution and solve problems.

3.8
Identifying Objects, Actions, and Events

Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.

3.8
Organizing, Planning, and Prioritizing Work

Developing specific goals and plans to prioritize, organize, and accomplish your work.

3.8
Analyzing Data or Information

Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

3.7
Processing Information

Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.

3.7
Documenting/Recording Information

Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.

3.7
Thinking Creatively

Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.

3.7
Evaluating Information to Determine Compliance with Standards

Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.

3.7
Communicating with Supervisors, Peers, or Subordinates

Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.

3.6
Resolving Conflicts and Negotiating with Others

Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.

3.5
Judging the Qualities of Objects, Services, or People

Assessing the value, importance, or quality of things or people.

3.4

Work Styles (5)

Integrity

A tendency to be honest and ethical at work.

5.0
Attention to Detail

A tendency to be detail-oriented, organized, and thorough in completing work.

5.0
Dependability

A tendency to be reliable, responsible, and consistent in meeting work-related obligations.

5.0
Achievement Orientation

A tendency to establish and maintain personally challenging work-related goals, set high work-related standards, and exert high effort toward meeting those goals and standards.

4.3
Social Orientation

A tendency to seek out, enjoy, and be energized by social interaction at work.

3.6

Careers with Overlapping Skills

These occupations share the most skills. A career transition between them means many of your skills transfer directly.

Explore Key Skills

Frequently Asked Questions

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