Real Estate Brokers

• Summary

• Details

Work Activities

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

Skills

• Learning Strategies
  • Using the best training or teaching strategies for learning new things.
• Instructing
  • Teaching people how to do something.
• Persuasion
  • Talking people into changing their minds or their behavior.
• Writing
  • Writing things for co-workers or customers.
• Speaking
  • Talking to others.
• Negotiation
  • Bringing people together to solve differences.
• Mathematics
  • Using math to solve problems.
• Service Orientation
  • Looking for ways to help people.
• Reading Comprehension
  • Reading work-related information.
• Equipment Selection
  • Deciding what kind of tools and equipment are needed to do a job.
• Installation
  • Installing equipment, machines, wiring, or computer programs.
• Equipment Maintenance
  • Planning and doing the basic maintenance on equipment.
• Management of Personnel Resources
  • Selecting and managing the best workers for a job.
• Systems Analysis
  • Figuring out how a system should work and how changes in the future will affect it.
• Technology Design
  • Making equipment and technology useful for customers.
• Repairing
  • Repairing machines or systems using the right tools.
• Systems Evaluation
  • Measuring how well a system is working and how to improve it.
• Active Listening
  • Listening to others, not interrupting, and asking good questions.
• Active Learning
  • Figuring out how to use new ideas or things.
• Science
  • Using scientific rules and strategies to solve problems.
• Coordination
  • Changing what is done based on other people's actions.
• Complex Problem Solving
  • Noticing a problem and figuring out the best way to solve it.
• Operations Analysis
  • Figuring out what a product or service needs to be able to do.
• Social Perceptiveness
  • Understanding people's reactions.
• Operations Monitoring
  • Watching gauges, dials, or display screens to make sure a machine is working.
• Operation and Control
  • Using equipment or systems.
• Troubleshooting
  • Figuring out what is causing equipment, machines, wiring, or computer programs to not work.
• Management of Material Resources
  • Managing equipment and materials.
• Management of Financial Resources
  • Making spending decisions and keeping track of what is spent.
• Critical Thinking
  • Thinking about the pros and cons of different ways to solve a problem.
• Monitoring
  • Keeping track of how well people and/or groups are doing in order to make improvements.
• Programming
  • Writing computer programs.
• Judgment and Decision Making
  • Thinking about the pros and cons of different options and picking the best one.
• Quality Control Analysis
  • Testing how well a product or service works.
• Time Management
  • Managing your time and the time of other people.

Abilities

• Extent Flexibility
  • Bending, stretching, twisting, or reaching with your body, arms, and/or legs.
• Sound Localization
  • Noticing the direction that a sound came from.
• Oral Expression
  • Communicating by speaking.
• Inductive Reasoning
  • Making general rules or coming up with answers from lots of detailed information.
• Time Sharing
  • Doing two or more things at the same time.
• Selective Attention
  • Paying attention to something without being distracted.
• Arm-Hand Steadiness
  • Keeping your arm or hand steady.
• Static Strength
  • Lifting, pushing, pulling, or carrying.
• Stamina
  • Exercising for a long time without getting out of breath.
• Gross Body Equilibrium
  • Keeping your balance or staying upright.
• Near Vision
  • Seeing details up close.
• Far Vision
  • Seeing details that are far away.
• Night Vision
  • Seeing at night or under low light.
• Trunk Strength
  • Using your lower back and stomach.
• Auditory Attention
  • Paying attention to one sound while there are other distracting sounds.
• Speech Recognition
  • Recognizing spoken words.
• Category Flexibility
  • Grouping things in different ways.
• Mathematical Reasoning
  • Choosing the right type of math to solve a problem.
• Problem Sensitivity
  • Noticing when problems happen.
• Number Facility
  • Adding, subtracting, multiplying, or dividing.
• Control Precision
  • Quickly changing the controls of a machine, car, truck or boat.
• Multilimb Coordination
  • Using your arms and/or legs together while sitting, standing, or lying down.
• Peripheral Vision
  • Seeing something to your side when your are looking ahead.
• Finger Dexterity
  • Putting together small parts with your fingers.
• Rate Control
  • Changing when and how fast you move based on how something else is moving.
• Wrist-Finger Speed
  • Making fast, simple, repeated movements of your fingers, hands, and wrists.
• Oral Comprehension
  • Listening and understanding what people say.
• Speed of Closure
  • Quickly knowing what you are looking at.
• Written Comprehension
  • Reading and understanding what is written.
• Deductive Reasoning
  • Using rules to solve problems.
• Memorization
  • Remembering words, numbers, pictures, or steps.
• Perceptual Speed
  • Quickly comparing groups of letters, numbers, pictures, or other things.
• Manual Dexterity
  • Holding or moving items with your hands.
• Speed of Limb Movement
  • Quickly moving your arms and legs.
• Glare Sensitivity
  • Seeing something even if there is a glare or very bright light.
• Visualization
  • Imagining how something will look after it is moved around or changed.
• Fluency of Ideas
  • Coming up with lots of ideas.
• Written Expression
  • Communicating by writing.
• Information Ordering
  • Ordering or arranging things.
• Flexibility of Closure
  • Seeing hidden patterns.
• Reaction Time
  • Quickly moving your hand, finger, or foot based on a sound, light, picture or other command.
• Hearing Sensitivity
  • Telling the difference between sounds.
• Explosive Strength
  • Jumping, sprinting, or throwing something.
• Dynamic Strength
  • Exercising for a long time without your muscles getting tired.
• Gross Body Coordination
  • Moving your arms, legs, and mid-section together while your whole body is moving.
• Visual Color Discrimination
  • Noticing the difference between colors, including shades and brightness.
• Response Orientation
  • Quickly deciding if you should move your hand, foot, or other body part.
• Dynamic Flexibility
  • Quickly and repeatedly bending, stretching, twisting, or reaching out with your body, arms, and/or legs.
• Depth Perception
  • Deciding which thing is closer or farther away from you, or deciding how far away it is from you.
• Speech Clarity
  • Speaking clearly.
• Originality
  • Creating new and original ideas.
• Spatial Orientation
  • Knowing where things are around you.

Knowledge

• Administration and Management
  • Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Customer and Personal Service
  • Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Food Production
  • Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
• Fine Arts
  • Knowledge of the theory and techniques required to compose, produce, and perform works of music, dance, visual arts, drama, and sculpture.
• Philosophy and Theology
  • Knowledge of different philosophical systems and religions. This includes their basic principles, values, ethics, ways of thinking, customs, practices, and their impact on human culture.
• Law and Government
  • Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
• Communications and Media
  • Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
• Sales and Marketing
  • Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
• Engineering and Technology
  • Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
• Biology
  • Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
• Building and Construction
  • Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
• Psychology
  • Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
• Mechanical
  • Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
• Geography
  • Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
• Medicine and Dentistry
  • Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
• Therapy and Counseling
  • Knowledge of principles, methods, and procedures for diagnosis, treatment, and rehabilitation of physical and mental dysfunctions, and for career counseling and guidance.
• Education and Training
  • Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
• English Language
  • Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Foreign Language
  • Knowledge of the structure and content of a foreign (non-English) language including the meaning and spelling of words, rules of composition and grammar, and pronunciation.
• Public Safety and Security
  • Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
• Telecommunications
  • Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
• Transportation
  • Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
• Personnel and Human Resources
  • Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
• Production and Processing
  • Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
• Computers and Electronics
  • Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
• Mathematics
  • Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
• Physics
  • Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes.
• Sociology and Anthropology
  • Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.
• Design
  • Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
• Chemistry
  • Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.
• History and Archeology
  • Knowledge of historical events and their causes, indicators, and effects on civilizations and cultures.
• Administrative
  • Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
• Economics and Accounting
  • Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

Education

Education

High school diploma or equivalent

Work Experience

Less than 5 years work experience

Training

No on-the-job training

Education and Training Opportunities

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Education and Training Opportunities

• North Seattle College
  9600 College Way North, Seattle WA 98103-3599
  School Type

  Public, 4-year or above

  Admissions
  School Size

  5,000 - 9,999

  Financial Aid 206-934-3600
  Other Degrees Offered

  Undergraduate degree or certificate offering,No graduate offering
  Website

  https://northseattle.edu/
  Program Name
  Real Estate
  Length
  Certificates of at least 12 weeks but less than 1 year
  Award Level
  Certificates of at least 12 weeks but less than 1 year, Associate's degree, Bachelor's degree
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• University of Washington-Seattle Campus
  1400 NE Campus Parkway, Seattle WA 98195-4550
  School Type

  Public, 4-year or above

  Admissions
  School Size

  20,000 and above

  Financial Aid 206-543-2100
  Other Degrees Offered

  Undergraduate degree or certificate offering,Graduate degree or certificate offering
  Website

  https://www.washington.edu/
  Program Name
  Real Estate Development
  Length
  More than 4 years
  Award Level
  Master's degree
  Save

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Pay

Washington Annual Salary

81450/yr

Washington Hourly Wage

39.16/hr

Washington Employment Trends

Currently Employed

2,830

Yearly Projected Openings

190

Personality

Enterprising: People interested in this work like activities that include leading, making decisions, and business. They do well at jobs that need:

• Integrity
• Initiative
• Stress Tolerance
• Attention to Detail
• Persistence
• Achievement/Effort

Tools

• Automobiles or cars
• Desktop computers
• Digital camcorders or video cameras
• Digital cameras
• Laser fax machine
• Laser printers
• Notebook computers
• Personal computers
• Personal digital assistant PDAs or organizers
• Photocopiers
• Pocket calculator
• Tape measures

Technology

• Accounting software
• Analytical or scientific software
• Customer relationship management CRM software
• Data base user interface and query software
• Electronic mail software
• Geographic information system
• Graphics or photo imaging software
• Internet browser software
• Office suite software
• Presentation software
• Spreadsheet software
• Web page creation and editing software
• Web platform development software
• Word processing software