For Colleges & Universities

What do they do?

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.

Also known as:

Broker, Broker Associate, Commercial Leasing Broker, Commercial Real Estate Advisor, Commercial Real Estate Broker, Designated Broker, Managing Broker, Real Estate Associate, Real Estate Sales Associate, Realtor

Typical Wages

Projected Growth Rate

Employment of Real Estate Brokers is projected to show little or no change from 2024 to 2034.

Projected Employment in OH

No Data Available
  • -1.4%

    Change

    Ranks #44 in job growth rate
    70

    Job Openings

    Ranks #33 in net job growth

Best colleges for Real Estate Brokers

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Colleges with the most graduates that become Real Estate Brokers

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Education Level

Percent of workers in this field with these degrees:

  • Bachelor's degree  (40%)
  • Some college, no degree  (24%)
  • High school diploma equivalent  (12%)
  • Master's degree  (11%)
  • Associate's degree  (10%)
  • Doctorate or Professional Degree  (2%)
  • Less than high school diploma  (1%)

Typical College Majors

Most Popular Majors that prepare Real Estate Brokers

Select Type of Degree:

  • #1
    • Degrees Granted

      1,135
    • Female Students

      301
    • Male Students

      834
    • Median Starting Salary

      $57,450
  • #2
    • Degrees Granted

      364
    • Female Students

      106
    • Male Students

      258
    • Median Starting Salary

      $43,920

People in this career often have these skills:

  • Reading Comprehension - Understanding written sentences and paragraphs in work-related documents.
  • 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.
  • Speaking - Talking to others to convey information effectively.
  • Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.

People in this career often know a lot about:

  • 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.
  • 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.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
  • 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.
  • 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.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Administrative - Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.

People in this career often have talent in:

  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Speech Clarity - The ability to speak clearly so others can understand you.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
  • Speech Recognition - The ability to identify and understand the speech of another person.
  • 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.
  • Near Vision - The ability to see details at close range (within a few feet of the observer).
  • Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

People in this career often do these activities:

  • Prepare sales or other contracts.
  • Contract real estate to clients.
  • Appraise property values.
  • Negotiate prices or other sales terms.
  • Obtain property information.
  • Review laws or regulations to maintain professional knowledge.
  • Review accuracy of sales or other transactions.
  • Oversee business processes.
  • Assess locations for potential green technology installations.
  • Sell products or services.
  • Help clients get needed services or resources.
  • Supervise sales or support personnel.
  • Assess compliance with environmental laws.
  • Monitor market conditions or trends.
  • Create images or other visual displays.
  • Enter information into databases or software programs.
  • Compile operational data.
  • Maintain current knowledge related to work activities.
  • Maintain knowledge of laws or regulations.

This page includes data from:

O*NET OnLine Career data: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (“USDOL/ETA”). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA

U.S. Bureau of Labor Statistics Logo Occupation statistics: USDOL U.S. Bureau of Labor Statistics Occupational Employment Statistics

careeronestop logo Videos: CareerOneStop , USDOL/ETA and the Minnesota Department of Employment & Economic Development

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