Real Estate Brokers
Job Zone 4 - Considerable preparation needed
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.
Median pay: $73,220/yr (U.S. national, May 2025)
Typical range nationwide (10th–90th percentile). This is a population snapshot, not a personal prediction - actual pay varies by location, employer, and experience.
Job outlook: +3.3% projected growth, 2024–2034 — about as fast as average.
About 9,700 openings per year, on average, over the decade.
Typical entry-level education: High school diploma or equivalent.
Source: U.S. Bureau of Labor Statistics, OEWS and Employment Projections.
• Sell, for a fee, real estate owned by others.
• Obtain agreements from property owners to place properties for sale with real estate firms.
• Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
• Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
• Manage or operate real estate offices, handling associated business details.
• Compare a property with similar properties that have recently sold to determine its competitive market price.
• Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
• Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
What's the median pay for Real Estate Brokers?
The median pay for Real Estate Brokers is $73,220 per year, per the U.S. Bureau of Labor Statistics.
What's the job outlook for Real Estate Brokers?
Employment for Real Estate Brokers is projected to change +3.3% from 2024 to 2034 - about as fast as average.
What education is typically required for Real Estate Brokers?
Typical entry-level education: High school diploma or equivalent.
How many job openings are there each year for Real Estate Brokers?
About 9,700 openings per year, on average, over the decade.