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What is an associate broker/realtor and how to become one

Updated January 8, 2025
2 min read
There is more than meets the eye when it comes to being an associate broker/realtor. For example, did you know that they make an average of $28.32 an hour? That's $58,898 a year! Between 2018 and 2028, the career is expected to grow 5% and produce 30,100 job opportunities across the U.S.
ScoreAssociate Broker/RealtorUS Average
Salary
4.6

Avg. Salary $58,898

Avg. Salary $59,228

Stability level
7.9

Growth rate 5%

Growth rate 0.3%

Diversity
3.4
Race

American Indian and Alaska Native 0.32%

Asian 6.93%

Black or African American 5.36%

Hispanic or Latino 13.40%

Unknown 4.32%

White 69.68%

Gender

female 60.41%

male 39.59%

Age - 50
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 50
Stress level
7.9

Stress level is high

7.1 - high

Complexity level
9.1

Complexity level is advanced

7 - challenging

Work life balance
3.6

Work life balance is poor

6.4 - fair

Associate broker/realtor career paths

Key steps to become an associate broker/realtor

  1. Explore associate broker/realtor education requirements

    Most common associate broker/realtor degrees

    Bachelor's

    66.8 %

    Associate

    18.1 %

    Master's

    7.8 %
  2. Start to develop specific associate broker/realtor skills

    SkillsPercentages
    Purchase Agreements16.13%
    Real Estate Professionals14.41%
    Comparative Market Analysis6.78%
    Residential Real Estate5.19%
    Open Houses4.95%
  3. Complete relevant associate broker/realtor training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New associate broker/realtors 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/realtor based on U.S. Bureau of Labor Statistics data and data from real associate broker/realtor resumes.
  4. Obtain the necessary licensing

    Becoming an licensed associate broker/realtor usually doesn't require a college degree. However, you need to pass an exam to become a licensed associate broker/realtor in most of states. 34 states require associate broker/realtors to have license for their work. You can see the list of states below.
    StateEducationExamLicense url
    MarylandDegree requiredState exam requiredREAL ESTATE SALESPERSON
    ArkansasSpecific course requiredState exam requiredReal Estate Salesperson
    CaliforniaDegree requiredState exam requiredReal Estate Salesperson
    ConnecticutSpecific course requiredState exam requiredReal Estate Salesperson
    DelawareDegree requiredState exam requiredReal Estate Sales Agent
  5. Research associate broker/realtor duties and responsibilities

    • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
    • Perform valuation services for new REO inventory.
    • Generate month-end financial reports on all HUD activity.
    • Search MLS database for homes matching buyers' criteria.
  6. Prepare your associate broker/realtor resume

    When your background is strong enough, you can start writing your associate broker/realtor 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/realtor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable associate broker/realtor resume templates

    Build a professional associate broker/realtor 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/realtor resume.
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
    Associate Broker/Realtor Resume
  7. Apply for associate broker/realtor jobs

    Now it's time to start searching for an associate broker/realtor job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first associate broker/realtor job

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Average associate broker/realtor salary

The average associate broker/realtor salary in the United States is $58,898 per year or $28 per hour. Associate broker/realtor salaries range between $36,000 and $94,000 per year.

Average associate broker/realtor salary
$58,898 Yearly
$28.32 hourly

What am I worth?

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How do associate broker/realtors rate their job?

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Associate broker/realtor reviews

profile
A zippia user wrote a review on Jan 2023
Pros

My own schedule and meeting great people.

Cons

No guarantee on income or relevance


profile
A zippia user wrote a review on Oct 2019
Pros

Flexibility and potential for making great money.

Cons

Not knowing where my next paycheck is coming from. Being unemployed in between clients.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.