Job Roles

Explore Job Roles: Real Estate Brokers

Learn about the average salary, relevant studies, and common path after college to becoming a Real Estate Broker.

What is a Real Estate Broker?

Real Estate Brokers help their clients buy, sell, and rent real estate.

Where does a Real Estate Broker work?

  • Self-employed
  • Realtor agencies/offices

How much does a Real Estate Broker make?

Based on real new grad salaries reported through Handshake, the median annual salary for a Real Estate Broker is $57,305.

What majors are typically interested in becoming Real Estate Brokers?

One’s major doesn’t necessarily determine their career, but these are some common majors of those who end up pursuing this career path.

  • Business majors
  • Digital marketing majors
  • Accounting majors
  • Human resources majors 
Search Real Estate Broker job opportunities on Handshake.

Real Estate Broker skills and competencies:

On top of a relevant degree and formal training, here are some professional skills that can help aspiring Real Estate Brokers succeed in their work:

  • Great communication skills
  • Mastery over knowledge of the local market
  • Good networking skills

What are some common questions about Real Estate Brokers?

Q: What’s the difference between Real Estate Brokers and Agents?

A: While Real Estate Agents can organize and enact transactions, Real Estate Brokers usually have more experience and can work independently without coordinating with an agency.