Real Estate Agent Overview
#5 in Best Sales & Marketing Jobs | Overall Score 5.5 / 10
What is a Real Estate Agent?
What is a Real Estate Agent?
Real estate agents buy, sell or rent properties on behalf of their clients. They must have a deep knowledge of the market and of the communities in their area, so they can advise their clients on matters ranging from how to accurately price their homes, to when it's the right moment to make the plunge and buy a new one. Agents also guide buyers toward the homes that best fit their needs by generating a list of properties for sale, accompanying the client to see the properties and negotiating an offer with the seller.
Quick Stats
Real Estate Agents rank #5 in Best Sales & Marketing Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.
Real Estate Agents are ranked:
How Much Does a Real Estate Agent Make?
According to the BLS, real estate agents earned a median salary of $44,090 in 2016. The best-paid earned about $112,570, while the lowest-paid earned approximately $22,230.
How Much do Real Estate Agents Make in Your City?
How Much do Real Estate Agents Make in Your City?
What Type of Education Do Real Estate Agents Need?
The qualifications for becoming a real estate agent are few. You must be 18 years or older with a high school diploma, and you must have a state-specific real estate license, which you'd acquire by taking and passing an exam. Established brokers looking to hire junior agents will also look favorably on college degrees in finance, business administration, statistics, economics or even law. The National Association of Realtors also sponsors courses that touch on the basic financial and legal aspects of real estate. But education isn't the only deciding factor. Social skills, good judgment and enthusiasm are key and among the traits that brokers look for in applicants.
Job Satisfaction
Average Americans work well into their 60s, so workers might as well have a job that’s enjoyable and a career that's fulfilling. A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here's how Real Estate Agents job satisfaction is rated in terms of upward mobility, stress level and flexibility.
Upward Mobility : Above Average
Opportunities for advancements and salary
Work environment and complexities of the job's responsibilities
Flexibility : Above Average
Alternative working schedule and work life balance
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