Real Estate Broker Education Requirements

Real estate brokers are hired as agents in real estate business who tries to generate business leads for sell or buy real estate properties in both types of real estate – residential and commercial. The real estate brokers help in a major way to increase the sales of the real estate firm. Candidates who would like to gain education and expertise as a real estate broker can choose the courses related to real estate, construction business, business administration and management, financial concepts, etc. Candidates who would like to become a real estate broker should at least possess a graduate degree. They must also develop knowledge by working in projects and doing certifications. Candidates who would able to gain valuable experience in the real estate industry by working under established real estate brokers.

Real Estate Broker Educational Requirements

  • Interested candidates should develop their knowledge by getting enrolled into Bachelor’s degree courses in construction and real estate field.
  • To obtain a license, candidates must complete their master’s degree courses in real estate industry.
  • The subjects that candidates need to be comfortable with are property management, legal aspects of business, registration processes and rules, property appraisal techniques, etc.
  • Skills in sales and marketing will be an added advantage.

Real Estate Broker Degree, Courses, and Certifications

The following given courses are the most preferred courses by candidates who are aiming to become a real estate broker.

  • Master of Business Administration – Finance
  • BBA in Business Administration – Accounting
  • AAS in Business
  • MBA in General Studies
  • Graduate Certificate – Financial Analysis

Real Estate Broker Qualifications and Training

For inducting real estate brokers, employers focus on laying emphasis on real time work experience. Training can also be obtained in the form of knowledge in construction legal laws and documentation, processing home applications, handling regularization documents, etc.

Real Estate Broker Colleges and Universities

Real Estate Broker Wages and Salaries

Candidates who are interested to become real estate brokers can find many job openings in popular industries like real estate sales, real estate property management, real estate development, residential home construction, etc. A minimum work experience of 1-4 years in real estate business is preferable. According to the salary estimates of Pay Scale and represented in the form of the National Salary data, the annual compensation of a real estate broker comprising of bonus, profit sharing and commission apart from the basic salary comes to around $29,000 to $233,000. The median salary is about $131,000 per annum.

Category: Sales Education Requirements

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