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What is a broker realtor and how to become one
What general advice would you give to a broker realtor?
Dr. Jessica Lautz
Vice President of Demographics and Behavioral Insights, National Association of Realtors
Avg. Salary $40,805
Avg. Salary $59,228
Growth rate 5%
Growth rate 0.3%
American Indian and Alaska Native 0.32%
Asian 6.98%
Black or African American 5.41%
Hispanic or Latino 13.57%
Unknown 4.32%
White 69.39%
Genderfemale 57.34%
male 42.66%
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
Broker realtor career paths
Key steps to become a broker realtor
Explore broker realtor education requirements
Start to develop specific broker realtor skills
Skills Percentages Purchase Agreements 15.88% Real Estate Sales 14.08% Sales Contracts 9.00% Comparative Market Analysis 5.70% Open Houses 4.77% Complete relevant broker realtor training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New 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 a broker realtor based on U.S. Bureau of Labor Statistics data and data from real broker realtor resumes.Obtain the necessary licensing
Becoming a licensed broker realtor usually doesn't require a college degree. However, you need to pass an exam to become a licensed broker realtor in most of states. 34 states require broker realtors 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 broker realtor duties and responsibilities
- Manage advertisements, taxes, office procedures, licenses, MLS data and all aspects of managing office.
- Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
- Mitigate rapid sales decline when economic trends shift by adding REO properties and short sales to inventory.
- Experience in REO properties which includes continuous preservation, maintenance, capital repairs, marketing and sales.
Prepare your broker realtor resume
When your background is strong enough, you can start writing your 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 a 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 broker realtor resume templates
Build a professional 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 broker realtor resume.
Apply for broker realtor jobs
Now it's time to start searching for a broker realtor 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 broker realtor job
Are you a broker realtor?
Share your story for a free salary report.
Average broker realtor salary
The average broker realtor salary in the United States is $40,805 per year or $20 per hour. Broker realtor salaries range between $27,000 and $60,000 per year.
What am I worth?
How do broker realtors rate their job?
Broker realtor 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.
Updated January 8, 2025
