A real estate sales associate specializes in helping the buyer select and purchases a property. He/She provides the necessary information they need and guides them through the legal and contractual aspects of the purchase or sale. He/She arranges showings and negotiates transactions. Similarly, he/she drafts sales agreements and oversees the transaction to closing. Also, he/she assists in setting the asking price, suggesting necessary repairs and renovations, and marketing and selling the house. Additionally, he/she provides clients with financial analysis and underwriting of real estate investments.

Having a college degree in real estate, business, finance, or a related field makes getting the job easier compared to a high school diploma. That said, you will need problem-solving, persuasion, time management, negotiation, communication, and presentation skills. You must be proficient in Microsoft Office and Multiple Listing Service (MLS). These experts make an average salary of $48,463 per annum. This varies from $24,000 to $96,000.

What Does a Real Estate Sales Associate Do

There are certain skills that many real estate sales 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.

Learn more about what a Real Estate Sales Associate does

How To Become a Real Estate Sales Associate

If you're interested in becoming a real estate sales associate, one of the first things to consider is how much education you need. We've determined that 60.1% of real estate sales associates have a bachelor's degree. In terms of higher education levels, we found that 8.9% of real estate sales associates have master's degrees. Even though most real estate sales associates have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Real Estate Sales Associate

Real Estate Sales Associate Career Paths

Average Salary for a Real Estate Sales Associate

Real Estate Sales Associates in America make an average salary of $92,941 per year or $45 per hour. The top 10 percent makes over $139,000 per year, while the bottom 10 percent under $62,000 per year.
Average Real Estate Sales Associate Salary
$92,941 Yearly
$44.68 hourly
$62,000
10 %
$92,000
Median
$139,000
90 %

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Real Estate Sales Associate Education

Real Estate Sales Associate Majors

26.2 %
8.8 %

Real Estate Sales Associate Degrees

Bachelors

60.1 %

Associate

15.4 %

Masters

8.9 %

Top Skills For a Real Estate Sales 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, 40.9% of real estate sales associates listed real estate on their resume, but soft skills such as business skills and interpersonal skills are important as well.

Choose From 10+ Customizable Real Estate Sales Associate Resume templates

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

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Real Estate Sales Associate Resume
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Real Estate Sales Associate Resume

Real Estate Sales Associate Demographics

Real Estate Sales Associate Gender Distribution

Female
Female
53%
Male
Male
47%

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

  • Among real estate sales associates, 52.9% of them are women, while 47.1% are men.

  • The most common race/ethnicity among real estate sales associates is White, which makes up 75.2% of all real estate sales associates.

  • The most common foreign language among real estate sales associates is Spanish at 47.8%.

Online Courses For Real Estate Sales Associate That You May Like

Advertising Disclosure  The courses listed below are affiliate links. This means if you click on the link and purchase the course, we may receive a commission.
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Best States For a Real Estate Sales Associate

Some places are better than others when it comes to starting a career as a real estate sales associate. The best states for people in this position are Massachusetts, New York, Vermont, and West Virginia. Real estate sales associates make the most in Massachusetts with an average salary of $114,850. Whereas in New York and Vermont, they would average $114,654 and $112,993, respectively. While real estate sales associates would only make an average of $110,850 in West Virginia, 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 Real Estate Sales Associate Jobs:
1,753
Highest 10% Earn:
$162,000
Location Quotient:
1.26 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 Real Estate Sales Associate Jobs:
779
Highest 10% Earn:
$150,000
Location Quotient:
1.55 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. New York

Total Real Estate Sales Associate Jobs:
2,021
Highest 10% Earn:
$164,000
Location Quotient:
1.04 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 Real Estate Sales Associates

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Top Real Estate Sales Associate Employers

Most Common Employers For Real Estate Sales Associate

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Douglas Elliman$120,263$57.8213
2Blackstone Group$110,671$53.2118
3Berkshire Hathaway$104,593$50.2926
4Marcus & Millichap$103,920$49.9626
5CoStar Group$97,305$46.7814
6CBRE Group$96,107$46.2141
7JPMorgan Chase & Co.$91,955$44.2121
8Pwc$90,789$43.6527
9American Home Shield$90,363$43.4419
10Realty World California$81,799$39.3315

Real Estate Sales Associate Videos

Becoming a Real Estate Sales Associate FAQs

Real Estate Salesperson vs. Broker

A real estate salesperson or real estate agent is a professional licensed to sell a property for a real estate firm, while a broker is someone who represents a party in the transactions between a buyer and seller in a real estate deal.

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