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Real Estate Broker Associate Careers

There is more than meets the eye when it comes to being a real estate broker associate. For example, did you know that they make an average of $46.37 an hour? That's $96,448 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 Real Estate Broker Associate Do

There are certain skills that many real estate broker associates 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.

When it comes to the most important skills required to be a real estate broker associate, we found that a lot of resumes listed 19.1% of real estate broker associates included real estate, while 9.3% of resumes included buyers, and 7.6% of resumes included market research. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the real estate broker associate job title. But what industry to start with? Most real estate broker associates actually find jobs in the real estate and hospitality industries.

How To Become a Real Estate Broker Associate

If you're interested in becoming a real estate broker associate, one of the first things to consider is how much education you need. We've determined that 40.0% of real estate broker associates have a bachelor's degree. In terms of higher education levels, we found that 16.1% of real estate broker associates have master's degrees. Even though most real estate broker associates 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 real estate broker associate. When we researched the most common majors for a real estate broker associate, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on real estate broker associate resumes include associate degree degrees or license degrees.

You may find that experience in other jobs will help you become a real estate broker associate. In fact, many real estate broker associate jobs require experience in a role such as real estate agent. Meanwhile, many real estate broker associates also have previous career experience in roles such as real estate broker or sales person.

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Average Salary
$96,448
Average Salary
Job Growth Rate
7%
Job Growth Rate
Job Openings
11,102
Job Openings

Real Estate Broker Associate Career Paths

Top Careers Before Real Estate Broker Associate

Top Careers After Real Estate Broker Associate

Owner
6.1 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Real Estate Broker Associate

Real Estate Broker Associates in America make an average salary of $96,448 per year or $46 per hour. The top 10 percent makes over $140,000 per year, while the bottom 10 percent under $66,000 per year.
Average Salary
$96,448

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Real Estate Broker Associate
Real Estate Broker Associate
R.I.C.H. Homes of Florida Inc.
R.I.C.H. Homes of Florida Inc.
08/03/2018
08/03/2018
$63,25308/03/2018
$63,253

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Real Estate Broker Associate Demographics

Gender

female

49.6 %

male

46.5 %

unknown

3.9 %

Ethnicity

White

74.8 %

Hispanic or Latino

12.0 %

Asian

6.3 %

Foreign Languages Spoken

Spanish

47.4 %

French

14.0 %

Chinese

5.3 %
See More Demographics

Real Estate Broker Associate Education

Majors

Business
23.7 %
Finance
4.8 %

Degrees

Bachelors

40.0 %

Masters

16.1 %

Associate

14.6 %

Top Colleges for Real Estate Broker Associates

1. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

5. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

6. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

9. Arizona State University

Tempe, AZ • Public

In-State Tuition
$10,822
Enrollment
42,529

10. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Real Estate Broker Associate

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, 19.1% of real estate broker associates listed real estate on their resume, but soft skills such as business skills and interpersonal skills are important as well.

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Top Real Estate Broker Associate Employers

1. Keller Williams Realty
3.7
Avg. Salary: 
$98,338
Real Estate Broker Associates Hired: 
87+
2. Re/Max
4.2
Avg. Salary: 
$98,367
Real Estate Broker Associates Hired: 
56+
3. Century 21
4.5
Avg. Salary: 
$102,085
Real Estate Broker Associates Hired: 
30+
4. Weichert, Realtors
4.1
Avg. Salary: 
$98,350
Real Estate Broker Associates Hired: 
17+
5. Douglas Elliman
4.0
Avg. Salary: 
$98,365
Real Estate Broker Associates Hired: 
15+
6. Coldwell Banker Real Estate Group
4.2
Avg. Salary: 
$98,484
Real Estate Broker Associates Hired: 
12+
Updated October 2, 2020