Career Profile: Real Estate Agent
August 26, 2009
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts.
$56,240 – $108,360, plus commission. (United States)
Agents must obtain a license in the States where they sell, and must be high school graduates. In fact, as real estate transactions have become more legally complex, many firms have turned to college graduates to fill positions. A large number of agents and brokers have some college training. College courses in real estate, finance, business administration, statistics, economics, law, and English are helpful.
The number of insurance sales agents is expected to increase nationally by 60,000 (11%) by 2016. Average employment growth is expected because of the increasing housing needs of a growing population, as well as the perception that real estate is a good investment. Beginning agents face competition from their well-established counterparts. Employment is sensitive to swings in the economy. Well-trained, ambitious people who enjoy selling—particularly those with extensive social and business connections in their communities—should have the best chance for success.