41-9021.00

Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Career Cluster:Financial Services
Job Family:Sales and Related
Job Zone:Job Zone Four: Considerable Preparation Needed
Industry:Real Estate and Rental and Leasing
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Technology Tools

Adobe PhotoshopFacebookIntuit QuickBooksMicrosoft AccessMicrosoft Active Server Pages ASPMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft PowerPointYardi softwareSalesforce softwareMicrosoft Word

Key Tasks

  • Sell, for a fee, real estate owned by others.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Supervise agents who handle real estate transactions.
  • Manage or operate real estate offices, handling associated business details.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
  • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
  • Rent properties or manage rental properties.
  • Arrange for financing of property purchases.
  • Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
  • Arrange for title searches of properties being sold.
  • Give buyers virtual tours of properties in which they are interested, using computers.
  • Appraise property values, assessing income potential when relevant.
  • Review property details to ensure that environmental regulations are met.

Skills

Speaking
75%
Reading Comprehension
72%
Active Listening
72%
Critical Thinking
72%
Active Learning
66%
Negotiation
66%
Persuasion
63%
Social Perceptiveness
60%
Writing
60%
Judgment and Decision Making
60%
Service Orientation
56%
Coordination
53%
Monitoring
53%
Time Management
50%
Complex Problem Solving
50%
Mathematics
47%
Management of Personnel Resources
41%
Quality Control Analysis
41%
Instructing
38%
Learning Strategies
38%
Systems Analysis
35%
Systems Evaluation
31%
Management of Financial Resources
28%
Management of Material Resources
19%
Operation and Control
19%
Operations Monitoring
19%
Operations Analysis
16%
Troubleshooting
16%
Programming
13%
Technology Design
10%
Science
3%
Repairing
0%
Installation
0%
Equipment Selection
0%
Equipment Maintenance
0%

Knowledge

Sales and Marketing
87%
Customer and Personal Service
82%
English Language
78%
Law and Government
75%
Administration and Management
74%
Economics and Accounting
63%
Computers and Electronics
60%
Mathematics
58%
Communications and Media
56%
Building and Construction
55%
Administrative
55%
Education and Training
54%
Psychology
53%
Personnel and Human Resources
47%
Geography
42%
Public Safety and Security
39%
Telecommunications
38%
Sociology and Anthropology
36%
Foreign Language
30%
Transportation
28%
Design
25%
Mechanical
19%
Philosophy and Theology
19%
Production and Processing
16%
Chemistry
13%
Engineering and Technology
11%
History and Archeology
9%
Physics
7%
Therapy and Counseling
6%
Fine Arts
5%
Biology
3%
Food Production
1%
Medicine and Dentistry
1%

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Abilities

Oral Expression
75%
Oral Comprehension
75%
Written Comprehension
75%
Near Vision
66%
Deductive Reasoning
66%
Speech Recognition
66%
Speech Clarity
66%
Written Expression
63%
Problem Sensitivity
60%
Inductive Reasoning
56%
Information Ordering
50%
Mathematical Reasoning
47%
Fluency of Ideas
44%
Far Vision
41%
Category Flexibility
41%
Originality
38%
Selective Attention
35%
Flexibility of Closure
31%
Perceptual Speed
28%
Trunk Strength
28%
Time Sharing
28%
Number Facility
28%
Memorization
25%
Visualization
25%
Speed of Closure
25%
Visual Color Discrimination
19%
Auditory Attention
19%
Depth Perception
19%
Wrist-Finger Speed
19%
Hearing Sensitivity
13%
Multilimb Coordination
10%
Spatial Orientation
10%
Control Precision
10%
Finger Dexterity
6%
Reaction Time
3%
Arm-Hand Steadiness
3%
Response Orientation
3%
Manual Dexterity
3%
Sound Localization
0%
Extent Flexibility
0%
Night Vision
0%
Stamina
0%
Static Strength
0%
Explosive Strength
0%
Peripheral Vision
0%
Speed of Limb Movement
0%
Dynamic Strength
0%
Glare Sensitivity
0%
Gross Body Equilibrium
0%
Rate Control
0%
Dynamic Flexibility
0%
Gross Body Coordination
0%

Work Activities

Getting Information
85%
Establishing and Maintaining Interpersonal Relationships
83%
Updating and Using Relevant Knowledge
82%
Working with Computers
73%
Communicating with People Outside the Organization
70%
Performing Administrative Activities
70%
Selling or Influencing Others
70%
Organizing, Planning, and Prioritizing Work
70%
Analyzing Data or Information
69%
Identifying Objects, Actions, and Events
69%
Making Decisions and Solving Problems
69%
Documenting/Recording Information
69%
Processing Information
68%
Thinking Creatively
68%
Evaluating Information to Determine Compliance with Standards
68%
Communicating with Supervisors, Peers, or Subordinates
65%
Resolving Conflicts and Negotiating with Others
63%
Judging the Qualities of Objects, Services, or People
60%
Developing Objectives and Strategies
56%
Providing Consultation and Advice to Others
55%
Monitoring Processes, Materials, or Surroundings
55%
Performing for or Working Directly with the Public
54%
Interpreting the Meaning of Information for Others
51%
Estimating the Quantifiable Characteristics of Products, Events, or Information
51%
Scheduling Work and Activities
50%
Coordinating the Work and Activities of Others
50%
Coaching and Developing Others
47%
Monitoring and Controlling Resources
45%
Training and Teaching Others
45%
Inspecting Equipment, Structures, or Materials
43%
Guiding, Directing, and Motivating Subordinates
40%
Assisting and Caring for Others
38%
Developing and Building Teams
37%
Operating Vehicles, Mechanized Devices, or Equipment
32%
Staffing Organizational Units
32%
Controlling Machines and Processes
17%
Performing General Physical Activities
16%
Repairing and Maintaining Electronic Equipment
15%
Handling and Moving Objects
12%
Drafting, Laying Out, and Specifying Technical Devices, Parts, and Equipment
7%
Repairing and Maintaining Mechanical Equipment
5%

Work Context

E-Mail

How frequently does your job require you to use E-mail?

100%

Telephone Conversations

How often do you have telephone conversations in this job?

100%

Freedom to Make Decisions

How much decision making freedom, without supervision, does the job offer?

97%

Determine Tasks, Priorities and Goals

How much freedom does the worker have in determining the tasks, priorities, or goals of the job?

96%

Face-to-Face Discussions with Individuals and Within Teams

How frequently does your job require face-to-face discussions with individuals and within teams?

95%

Indoors, Environmentally Controlled

How often does this job require working indoors in an environmentally controlled environment (like a warehouse with air conditioning)?

94%

Contact With Others

How much does this job require the worker to be in contact with others (face-to-face, by telephone, or otherwise) in order to perform it?

92%

In an Enclosed Vehicle or Operate Enclosed Equipment

How often does this job require working in a closed vehicle or operate enclosed equipment (like a car)?

91%

Frequency of Decision Making

How often is the worker required to make decisions that affect other people, the financial resources, and/or the image and reputation of the organization?

90%

Level of Competition

To what extent does this job require the worker to compete or to be aware of competitive pressures?

90%

Deal With External Customers or the Public in General

How important is it to deal with external customers (as in retail sales) or the public in general (as in police work) in this job?

87%

Impact of Decisions on Co-workers or Company Results

What results do your decisions usually have on other people or the image or reputation or financial resources of your employer?

85%

Work With or Contribute to a Work Group or Team

How important is it to work with or contribute to a work group or team in this job?

82%

Written Letters and Memos

How frequently does your job require written letters and memos?

79%

Duration of Typical Work Week

Number of hours typically worked in one week.

77%

Importance of Being Exact or Accurate

How important is being very exact or highly accurate in performing this job?

76%

Coordinate or Lead Others in Accomplishing Work Activities

How important is it to coordinate or lead others (not as a supervisor or team leader) in accomplishing work activities in this job?

73%

Time Pressure

How often does this job require the worker to meet strict deadlines?

73%

Outdoors, Exposed to All Weather Conditions

How often does this job require working outdoors, exposed to all weather conditions?

72%

Spend Time Sitting

How much does this job require sitting?

67%

Dealing With Unpleasant, Angry, or Discourteous People

How frequently does the worker have to deal with unpleasant, angry, or discourteous individuals as part of the job requirements?

55%

Conflict Situations

How frequently are there conflict situations the employee has to face in this job?

54%

Consequence of Error

How serious would the result usually be if the worker made a mistake that was not easily correctable?

54%

Physical Proximity

To what extent does this job require the worker to perform job tasks physically close to other people?

54%

Work Outcomes and Results of Other Workers

How responsible is the worker for work outcomes and results of other workers?

54%

Importance of Repeating Same Tasks

How important are continuous, repetitive, physical activities (like key entry) or mental activities (like checking entries in a ledger) to performing this job?

51%

Public Speaking

How frequently does your job require public speaking (one speaker with an audience)?

44%

Degree of Automation

How automated is the job?

43%

Exposed to Very Hot or Cold Temperatures

How often does this job require working in very hot (above 90 F degrees) or very cold (below 32 F degrees) temperatures?

38%

Spend Time Standing

How much does this job require standing?

34%

Work Schedules

How regular are the work schedules for this job?

33%

Indoors, Not Environmentally Controlled

How often does this job require working in an environment that is not environmentally controlled (like a warehouse without air conditioning)?

32%

Health and Safety of Other Workers

How much responsibility is there for the health and safety of others in this job?

31%

Exposed to Sounds, Noise Levels that are Distracting or Uncomfortable

How often does this job require working exposed to sounds and noise levels that are distracting or uncomfortable?

27%

Outdoors, Under Cover

How often does this job require working outdoors, under cover (like in an open shed)?

25%

Spend Time Making Repetitive Motions

How much does this job require making repetitive motions?

23%

Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or Controls

How much does this job require using your hands to handle, control, or feel objects, tools or controls?

23%

Spend Time Walking or Running

How much does this job require walking or running?

23%

Exposed to Extremely Bright or Inadequate Lighting Conditions

How often does this job require working in extremely bright or inadequate lighting conditions?

15%

Exposed to Contaminants

How often does this job require working exposed to contaminants (such as pollutants, gases, dust or odors)?

12%

Pace Determined by Speed of Equipment

How important is it to this job that the pace is determined by the speed of equipment or machinery? (This does not refer to keeping busy at all times on this job.)

9%

Exposed to High Places

How often does this job require exposure to high places?

8%

Exposed to Hazardous Conditions

How often does this job require exposure to hazardous conditions?

7%

Dealing with Violent or Physically Aggressive People

How frequently does this job require the worker to deal with physical aggression of violent individuals?

6%

Exposed to Disease or Infections

How often does this job require exposure to disease/infections?

6%

In an Open Vehicle or Operating Equipment

How often does this job require working in an open vehicle or operating equipment (like a tractor)?

5%

Exposed to Cramped Work Space, Awkward Positions

How often does this job require working in cramped work spaces that requires getting into awkward positions?

4%

Spend Time Bending or Twisting Your Body

How much does this job require bending or twisting your body?

3%

Spend Time Kneeling, Crouching, Stooping, or Crawling

How much does this job require kneeling, crouching, stooping or crawling?

3%

Wear Common Protective or Safety Equipment such as Safety Shoes, Glasses, Gloves, Hearing Protection, Hard Hats, or Life Jackets

How often does this job require wearing common protective or safety equipment such as safety shoes, glasses, gloves, hearing protection, hard hats or life-jackets?

3%

Exposed to Minor Burns, Cuts, Bites, or Stings

How often does this job require exposure to minor burns, cuts, bites, or stings?

2%

Spend Time Keeping or Regaining Balance

How much does this job require keeping or regaining your balance?

2%

Exposed to Hazardous Equipment

How often does this job require exposure to hazardous equipment?

1%

Exposed to Whole Body Vibration

How often does this job require exposure to whole body vibration (like operating a jackhammer or earth moving equipment)?

1%

Spend Time Climbing Ladders, Scaffolds, or Poles

How much does this job require climbing ladders, scaffolds, poles, etc.?

1%

Exposed to Radiation

How often does this job require exposure to radiation?

0%

Wear Specialized Protective or Safety Equipment such as Breathing Apparatus, Safety Harness, Full Protection Suits, or Radiation Protection

How often does this job require wearing specialized protective or safety equipment such as breathing apparatus, safety harness, full protection suits, or radiation protection?

0%

Education

Bachelor's degree

37%

Some college, no degree

24%

High school diploma or equivalent

12%

Interests

Enterprising

Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertis

91

Conventional

Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or hum

77

Social

Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

33

Realistic

Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, t

27

Investigative

Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the f

9

Artistic

Work involves creating original visual artwork, performances, written works, food, or music for a variety of media, or applying artistic principles to the design of various objects and materials. Artistic occupations are often associated with visual arts,

0

Work Styles

Social Orientation
85%
Perseverance
82%
Dependability
81%
Self-Confidence
76%
Attention to Detail
75%
Integrity
74%
Leadership Orientation
73%
Achievement Orientation
72%
Initiative
71%
Self-Control
64%
Cooperation
61%
Stress Tolerance
60%
Adaptability
56%
Optimism
54%
Tolerance for Ambiguity
48%
Empathy
43%
Innovation
43%
Intellectual Curiosity
39%
Sincerity
36%
Cautiousness
30%

Work Values

Independence
67%
Achievement
61%
Relationships
61%
Recognition
56%
Working Conditions
56%
Support
39%

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