Real Estate Brokers and Sales Agents

What Real Estate Brokers and Sales Agents Do

Real estate brokers and sales agents help clients buy, sell, and rent properties.

Work Environment

Most real estate brokers and sales agents are self-employed. Although they often work irregular hours, many are able to set their own schedules.

How to Become a Real Estate Broker or Sales Agent

Every state requires real estate brokers and agents to be licensed. Requirements vary by state but generally require candidates to be at least 18 years old, complete a number of hours of real estate or college courses, and pass a licensing exam.

Pay

The median annual wage for real estate brokers was $60,370 in May 2020.

The median annual wage for real estate sales agents was $49,040 in May 2020.

Job Outlook

Employment of real estate brokers and sales agents is projected to grow 2 percent from 2019 to 2029, slower than the average for all occupations. Demand for these workers will continue, because people turn to real estate brokers and sales agents when looking for a home, such as to buy a larger home or to relocate for a job.

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