Real estate sales supervisors work in a real estate agency or leasing office and execute a successful sales plan. One of the real estate sales supervisor's major duties is supervising real estate agents. They motivate agents to meet their sales goals and hire new agents to boost the team. They take care of administrative tasks such as processing payroll and tracking sales figures. Sometimes, a real estate sales supervisor also interacts with buyers directly, especially ones with a more complicated situation, and helps them close a deal. Basically, real estate sales supervisors do whatever it takes to sell houses, including working plenty of late nights.
Real estate sales supervisors need to have plenty of experience in real estate before earning the title of supervisor. Most start by getting a bachelor's degree in a related field, although a four-year degree is not always necessary. They also need a real estate license from their state and several years of experience as a real estate agent.
The many years of hard work and long hours pay off. Real estate sales supervisors earn an average salary of $74,280 a year and sometimes earn a commission for the houses that they sell.
There is more than meets the eye when it comes to being a real estate sales supervisor. For example, did you know that they make an average of $23.73 an hour? That's $49,368 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 32,400 job opportunities across the U.S.
There are certain skills that many real estate sales supervisors 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 problem-solving skills.
When it comes to the most important skills required to be a real estate sales supervisor, we found that a lot of resumes listed 50.4% of real estate sales supervisors included real estate, while 25.6% of resumes included new clients, and 3.5% of resumes included buyers. 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 sales supervisor job title. But what industry to start with? Most real estate sales supervisors actually find jobs in the real estate and hospitality industries.
If you're interested in becoming a real estate sales supervisor, one of the first things to consider is how much education you need. We've determined that 47.7% of real estate sales supervisors have a bachelor's degree. In terms of higher education levels, we found that 12.5% of real estate sales supervisors have master's degrees. Even though most real estate sales supervisors 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 sales supervisor. When we researched the most common majors for a real estate sales supervisor, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on real estate sales supervisor resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a real estate sales supervisor. In fact, many real estate sales supervisor jobs require experience in a role such as sales manager. Meanwhile, many real estate sales supervisors also have previous career experience in roles such as sales associate or owner.