Real Estate, Homes for Sale & Apartments for Rent

Occupational employment projections are developed for all states by Labor Market Information or individual state Employment Projections offices. All state projections data are available at Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state. In addition, states may produce projections for areas; there are links to each state’s websites where these data may be retrieved.

  • As a writer for The Balance, Kimberly provides insight on the state of the present-day economy, as well as past events that have had a lasting impact.
  • Although most brokers and agents must take state-accredited prelicensing courses to become licensed, some states may waive this requirement if the candidate has taken college courses in real estate.
  • Each of these indicators tells a slightly different story about the health of the homebuilding industry.
  • Because most brokers are self-employed, they must manage every aspect of their business.

Real estate wholesalers generally find and contract distressed properties but don’t do any renovations or additions. Miami continues to benefit from substantial inwards migration and strong foreign investor interest. It recorded the strongest annual house price and rental growth rates. Prices are almost 50% above pre-pandemic levels, pushing the city further into overvalued territory. Double-digit price gains have come to a halt in Frankfurt´s housing market.

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.

Florida REALTORS® Undertake Massive Cleanup

Commercial ResearchAnalysis of commercial market sectors and commercial-focused issues and trends. Housing StatisticsNational, regional, and metro-market level housing statistics where data is available. DirectoriesComplete listing of state and local associations, MLSs, members, and more. Code of Ethics, NAR’s Constitution & Bylaws, and model bylaws for state & local associations. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR. National, regional, and metro-market level housing statistics where data is available.

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.

Brokers and agents also must stay current on financing options; government programs; types of available mortgages; and real estate, zoning, and fair housing laws. Some real estate brokers and sales agents work in a typical office environment, while others work out of their homes. In both cases, real estate workers spend much of their time away from their desks, showing properties to customers, traveling to see properties for sale, and meeting with prospective clients. Most real estate brokers and sales agents sell residential property. Others sell commercial property, and a small number sell industrial, agricultural, or other types of real estate.