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What is a real estate account executive and how to become one
Real estate account executives are the primary driver of new revenue for the company, and they help them grow the bottom line and client base across the real estate landscape. They hold meetings with clients, including discovery, pitching, and closing, as well as act as a strategic consultant and direct-mail expert to guide prospects toward success. Real estate account executives earn an average salary of $61,000 annually or $29 per hour.
Real estate account executives are responsible for providing professional after-sales support to maximize customer loyalty. They take accurate notes during calls and follow all company procedures on logging information after every call. These account executives form new relationships with institutional owners of multifamily assets, underwriting potential transactions with those partners and negotiating and closing deals that help their company expand.
Real estate account executives typically hold a bachelor's degree in accounting, business, or other related fields. They are expected to have proven experience as a real estate executive or in a similar role. Some employers prefer candidates with a solid business, interpersonal, and organizational skills.
Avg. Salary $62,875
Avg. Salary $59,228
Growth rate 5%
Growth rate 0.3%
American Indian and Alaska Native 0.32%
Asian 6.94%
Black or African American 5.36%
Hispanic or Latino 13.42%
Unknown 4.32%
White 69.64%
Genderfemale 52.28%
male 47.72%
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
Real estate account executive career paths
Key steps to become a real estate account executive
Explore real estate account executive education requirements
Start to develop specific real estate account executive skills
Skills Percentages Journal Entries 12.06% Financial Reports 10.11% Yardi 9.47% GAAP 9.46% Financial Analysis 8.54% Complete relevant real estate account executive training and internships
Accountants spend an average of 6-12 months on post-employment, on-the-job training. New real estate account executives 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 real estate account executive based on U.S. Bureau of Labor Statistics data and data from real real estate account executive resumes.Obtain the necessary licensing
Becoming a licensed real estate account executive usually doesn't require a college degree. However, you need to pass an exam to become a licensed real estate account executive in most of states. 46 states require real estate account executives to have license for their work. You can see the list of states below.State Education Exam License url Alabama - State exam required Licensed Real Estate Broker Maryland Degree required State exam required REAL ESTATE BROKER Alaska - - Real Estate Broker Arkansas Specific course required State exam required Real Estate Broker California Degree required State exam required Real Estate Broker License Research real estate account executive duties and responsibilities
- Accomplish a deep understanding and application of MRI and Yardi accounting systems.
- Achieve all sales targets for SaaS product targeting service-base businesses requiring an automate customer retention and relationship management tool.
- Prepare accounts payable, accounts receivable, general ledger entries, bond amortizations, fund accounting and depreciation schedules via Yardi.
- Analyze and prepare monthly GAAP financial statements, including all supporting schedules as required.
Prepare your real estate account executive resume
When your background is strong enough, you can start writing your real estate account executive 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 real estate account executive resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable real estate account executive resume templates
Build a professional real estate account executive 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 real estate account executive resume.
Apply for real estate account executive jobs
Now it's time to start searching for a real estate account executive 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 real estate account executive job
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Average real estate account executive salary
The average real estate account executive salary in the United States is $62,875 per year or $30 per hour. Real estate account executive salaries range between $44,000 and $89,000 per year.
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Updated January 8, 2025
