Real Estate Brokers And Sales Agents
Real Estate Brokers and Sales Agents sell property owned by others. Sales
Agents usually work for a licensed Broker on a contract basis. Brokers arrange
meetings between buyers and sellers, arrange financing from a lender for the
buyer, manage their own offices, and advertise property. Brokers and Agents
also have to look for properties to sell. After a homeowner signs a contract
for the Agent or Broker to sell their house, they can show it to buying clients
looking to purchase a home. They may help the homeowner decide on a market
price and assist in price negotiations with the buyer. When assisting a buyer
in finding a home, the Agents and Brokers need to know the area they are
selling in so they can answer the buyers questions. To become a Real Estate
Broker or Sales Agent you must be at least 18 years old and pass a written
examination from the state. Recently, Real Estate Agencies that hire Brokers
and Sales Agents have started hiring more graduates because the business is
getting increasingly complex. If you were to major in
Real Estate at the Florida State University you would have to take Micro
and Macroeconomics, Statistics, Calculus for Nonphysical Sciences, and
Financial and Managerial Accounting. The median annual earnings in 2000 for
Sales agents was $27,640 and Brokers made $47,690. Sales Agents and Brokers can
be paid by salary, commission, or both so their financial success depends on
their career success.
Image courtesy of Jupiter Tequesta Juno Beach Chamber of Commerce
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