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What is a Licensed Realtor

A Licensed Realtor or real estate agent helps a client sell, buy, or rent houses, lands, buildings, and other properties. If you plan to be a licensed Realtor, you will be giving clients accurate advice and guidance to help them sell their properties in the market. You will also do negotiations when it comes to the prices of the properties.

As a Licensed Realtor, there are special skills you need to have. For instance, since you are selling or buying properties, you need to have excellent business skills. You need to know the consumers' or clients' behavior in order to be successful. Next is interpersonal skills. You are dealing with different types of people, so you should know what approach to use to send your message across. Lastly, since you will have a lot on your plate, you need to be organized at all times. This way, you will not be confused and out of focus.

As a Licensed Realtor, you have the chance to earn an annual salary of $36,949 with a job growth rate of 7%. You may also explore other careers like being an Account Executive, a Manager, a Property Manager, and a Senior Property Manager if you start as a Licensed Realtor.

There is more than meets the eye when it comes to being a Licensed Realtor. For example, did you know that they make an average of $17.2 an hour? That's $35,766 a year!

Between 2018 and 2028, the career is expected to grow 7% and produce 32,400 job opportunities across the U.S.

What Does a Licensed Realtor Do

There are certain skills that many Licensed Realtors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Business skills, Interpersonal skills and Organizational skills.

Learn more about what a Licensed Realtor does

How To Become a Licensed Realtor

If you're interested in becoming a Licensed Realtor, one of the first things to consider is how much education you need. We've determined that 60.9% of Licensed Realtors have a bachelor's degree. In terms of higher education levels, we found that 8.4% of Licensed Realtors have master's degrees. Even though most Licensed Realtors have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Licensed Realtor. When we researched the most common majors for a Licensed Realtor, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Licensed Realtor resumes include Master's Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Licensed Realtor. In fact, many Licensed Realtor jobs require experience in a role such as Office Manager. Meanwhile, many Licensed Realtors also have previous career experience in roles such as Administrative Assistant or Owner.

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Average Salary
$35,766
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
17,967
Job Openings
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Licensed Realtor Career Paths

Top Careers Before Licensed Realtor

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Average Salary for a Licensed Realtor

Licensed Realtors in America make an average salary of $35,766 per year or $17 per hour. The top 10 percent makes over $47,000 per year, while the bottom 10 percent under $26,000 per year.
Average Salary
$35,766
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12 Licensed Realtor Resume Examples

Learn How To Write a Licensed Realtor Resume

At Zippia, we went through countless Licensed Realtor resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Licensed Realtor Resume Examples And Templates

Choose From 10+ Customizable Licensed Realtor Resume templates

Zippia allows you to choose from different easy-to-use Licensed Realtor templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Licensed Realtor resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Licensed Realtor Demographics

Licensed Realtor Gender Distribution

Male
Male
38%
Female
Female
62%

After extensive research and analysis, Zippia's data science team found that:

  • Among Licensed Realtors, 61.7% of them are women, while 38.3% are men.

  • The most common race/ethnicity among Licensed Realtors is White, which makes up 74.5% of all Licensed Realtors.

  • The most common foreign language among Licensed Realtors is Spanish at 53.3%.

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Licensed Realtor Education

Licensed Realtor Majors

33.3 %

Licensed Realtor Degrees

Bachelors

60.9 %

Associate

20.0 %

Masters

8.4 %
Job Openings

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Online Courses For Licensed Realtor That You May Like

Fundamentals of Residential Property Management
udemy
4.6
(347)

Understand the foundation of residential property management as a property manager or landlord...

Property Management 101
udemy
4.6
(402)

Learn the basics of managing rental property and becoming a landlord...

Intro to Analyzing Rental Income Properties
udemy
4.5
(1,508)

Learn the fundamentals of investment analysis specifically for rental income property investments...

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Top Skills For a Licensed Realtor

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 64.9% of Licensed Realtors listed Real Estate on their resume, but soft skills such as Business skills and Interpersonal skills are important as well.

Best States For a Licensed Realtor

Some places are better than others when it comes to starting a career as a Licensed Realtor. The best states for people in this position are Massachusetts, New York, Vermont, and Alaska. Licensed Realtors make the most in Massachusetts with an average salary of $65,788. Whereas in New York and Vermont, they would average $62,364 and $58,744, respectively. While Licensed Realtors would only make an average of $57,375 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Licensed Realtor Jobs:
672
Highest 10% Earn:
$110,000
Location Quotient:
1.03
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Licensed Realtor Jobs:
249
Highest 10% Earn:
$96,000
Location Quotient:
1.06
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Vermont

Total Licensed Realtor Jobs:
37
Highest 10% Earn:
$90,000
Location Quotient:
0.68
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Licensed Realtors

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Top Licensed Realtor Employers

Most Common Employers For Licensed Realtor

RankCompanyZippia ScoreAverage Licensed Realtor SalaryAverage Salary
1$49,356
2$42,755
3
3.Exit Realty Central
$41,160
4
4.F.C. Tucker
$39,649
5$38,996
6
6.Realty Executives
$38,845