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What is an associate broker and how to become one
An Associate broker is licensed to assist people in the sale and purchase of properties. Your work is to show properties to prospective buyers and make offers to sellers for consideration. An Associate broker also helps interested buyers to locate properties that fit their criteria. Other duties of an associate broker also include facilitating sale negotiations and purchasing processes for your clients. You also maintain regulations, manage inventories, and write regular reports. An associate broker also works with community resources to determine the eligibility of your client base.
The basic academic requirement for this role is a bachelor's degree in real estate management or other related fields. A few companies employ some with just high school degrees with some years of working experience. You should be great with people and possess good communication skills. A broker's license is a must for the position. Associate brokers earn an average of $61,333 in a year.
Avg. Salary $64,361
Avg. Salary $59,228
Growth rate 5%
Growth rate 0.3%
American Indian and Alaska Native 0.32%
Asian 6.91%
Black or African American 5.34%
Hispanic or Latino 13.35%
Unknown 4.31%
White 69.77%
Genderfemale 47.46%
male 52.54%
Age - 50American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 50Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Associate broker career paths
Key steps to become an associate broker
Explore associate broker education requirements
Start to develop specific associate broker skills
Skills Percentages Excellent Client 12.20% Real Estate Sales 11.44% Financial Resources 6.59% Market Research 5.40% Business Development 5.06% Complete relevant associate broker training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New associate brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an associate broker based on U.S. Bureau of Labor Statistics data and data from real associate broker resumes.Obtain the necessary licensing
Becoming an licensed associate broker usually doesn't require a college degree. However, you need to pass an exam to become a licensed associate broker in most of states. 34 states require associate brokers to have license for their work. You can see the list of states below.State Education Exam License url Maryland Degree required State exam required REAL ESTATE SALESPERSON Arkansas Specific course required State exam required Real Estate Salesperson California Degree required State exam required Real Estate Salesperson Connecticut Specific course required State exam required Real Estate Salesperson Delaware Degree required State exam required Real Estate Sales Agent Research associate broker duties and responsibilities
- Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
- Work with clients, prepare & file all the paperwork, input listings to MLS, market and advertise list property.
- Develop message flows which done XML/XSLT transformations, from one format to another, SOAP/HTTP XML to MRM mappings and transformations.
- Assist Medicare-eligible individuals with Medicare supplement and replacement plans adhering to CMS guidelines.
Prepare your associate broker resume
When your background is strong enough, you can start writing your associate broker resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an associate broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
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Build a professional associate broker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your associate broker resume.
Apply for associate broker jobs
Now it's time to start searching for an associate broker job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first associate broker job
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Average associate broker salary
The average associate broker salary in the United States is $64,361 per year or $31 per hour. Associate broker salaries range between $38,000 and $106,000 per year.
What am I worth?
How do associate brokers rate their job?
Associate broker reviews
My own schedule and meeting great people.
No guarantee on income or relevance
Flexible Schedule. Accompanying New Agents with business operation skills, critical communication skills, contract negotiation, problem solving, proactive approach to obtaining purchase agreement, assisting brokers with avenues to increase network for sales agent, conducting feasibility study for outmoded business models, providing ongoing business operation training, training programs for leadership/business development, building trust for agent sustainability.
Continuous solicitation of businesses to sustain. Louisiana has small window for Real Estate Consultants.
Flexibility and potential for making great money.
Not knowing where my next paycheck is coming from. Being unemployed in between clients.
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Updated January 8, 2025
