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For most profiles, this tab has a table with wages in the major industries employing the occupation. Insurance Sales Agents Insurance sales agents contact potential customers and sell one or more types of insurance. Occupation Job Duties ENTRY-LEVEL EDUCATION 2021 MEDIAN PAY Advertising Sales Agents Advertising sales agents sell advertising space to businesses and individuals.

  • Alternatively, during periods of declining economic activity or rising interest rates, the amount of work for brokers and agents often slows and employment may decline.
  • The median annual wage for real estate sales agents was $48,340 in May 2021.
  • Nationwide, 80 percent of people with intellectual disabilities are unemployed.
  • The most common category is single-family homes, but there are also condominiums, co-ops, townhouses, duplexes, triple-deckers, quadplexes, high-value homes, multi-generational homes, and vacation homes.
  • In North America, there are townhouse or rowhouse style condominiums as well.

REALTOR® Linda Brown and her husband David opened Eden Village, a tiny-home community offering permanent housing and support services to the formerly homeless. All 31 homes are now occupied, and plans are underway for two more villages in Springfield, Mo. Detailed property reports, social media content, and other business-building resources exclusively for REALTORS®. NAR provides content, tools, professional development opportunities, and support for your career, whether you are just starting out or an experienced professional. Governing DocumentsCode of Ethics, NAR’s Constitution & Bylaws, and model bylaws for state & local associations.

NAR and its affiliated Institutes, Societies, and Councils offer a wide selection of real estate training options. A powerful alliance working to protect and promote homeownership and property investment. Analysis of commercial market sectors and commercial-focused issues and trends. Research on a wide range of topics of interest to real estate practitioners. Housing starts are a key economic indicator as a monthly measure of new residential construction. Real estate is commonly purchased with cash or financed with a mortgage through a private or commercial lender.

Residential Real Estate

If you think you’ve been discriminated against based on race, religion, sex, marital status, use of public assistance, national origin, disability, or age, there are steps you can take. It differs from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, and farm equipment. Trading a co-op for a single-family house in a different neighborhood solved the problems of a growing brood.

Many real estate brokers and sales agents work more than 40 hours per week. They often work evenings and weekends to accommodate clients’ schedules. Many brokers and sales agents spend a significant amount of time networking and attending community events to meet potential clients. Although they frequently work irregular hours, many can set their own schedules. Explore resources for employment and wages by state and area for real estate brokers and sales agents.