Career profile · SOC 41-9021

Real estate brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Real estate brokers operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans. The role reports a median annual salary of $72,280 in the US and is projected to grow 3% over the next decade (about as fast as average). Entry typically requires a High school diploma or equivalent, and shows moderate AI exposure (0.53 on a 0-1 scale) — some tasks are being automated but the role adapts. The most in-demand skills for the role include Speaking, Reading Comprehension, Active Listening, Critical Thinking, Negotiation.

US median pay
$72,280
per year
Growth outlook
Average
BLS 10-yr
Education
High school diploma or equivalent
AI exposure
5.3/10
automation risk

Pay in the UK

UK: median £43,365 a year for Property, housing and estate managers (ONS ASHE 2025, full-time)

Middle half of full-time jobs: £33,185 to £59,643 a year

UK jobs are grouped differently; this is the closest UK occupation group (ONS SOC 2020 1251). ONS rates this estimate precise. 2025 provisional figures; ONS revises them a year later. Source: ONS Annual Survey of Hours and Earnings (Open Government Licence)

Pay in India (occupation group)

Average monthly earnings of salaried employees in the occupation group “Technicians and associate professionals” in India, from the Government of India's Periodic Labour Force Survey (January–December 2025). It covers everyone in this group, not only Real estate brokers, and it is not US pay converted to rupees.

Urban India
₹31,909 a month
Rural India
₹18,966 a month
All India
₹26,175 a month

Source: MoSPI (Government of India), Periodic Labour Force Survey Annual Report 2025, Table 51 — average wage/salary earnings of regular wage/salaried employees, NCO-2015 division 3. Official India data gives one average per occupation group: there are no official India figures for single careers, experience levels or cities. Read the report

How to get here in India

The usual route into this career in India. Each step links to the official page it comes from.

  1. 1 · Certification State RERA training and certification for agents, e.g. MahaRERA's programme in Maharashtra[1]
  2. 2 · Registration Registration as a real estate agent with the state RERA[1]

Rules change: check the exam body's and regulator's current notice before you apply.

Sources:
  1. MahaRERA — Real estate agent training (read on 2026-09-27)

Top skills

Speaking Reading Comprehension Active Listening Critical Thinking Negotiation Active Learning Persuasion Judgment and Decision Making Writing Social Perceptiveness

Knowledge you'll build

  • Sales and Marketing
  • Customer and Personal Service
  • English Language
  • Law and Government
  • Administration and Management
  • Economics and Accounting
  • Computers and Electronics
  • Mathematics

A day in the life

You start the morning checking new listings and messages from buyers, then meet a couple who want to sell their family home. You walk through the house, compare it with similar properties that sold recently and suggest a realistic asking price. After they sign the agreement to list, you arrange photographs and write a description highlighting its best features. Mid-morning you show two flats to a young family, answering questions about the neighbourhood, schools and financing options. After lunch you negotiate between a buyer and seller who are close on price but disagree on the handover date, carefully finding a compromise both accept. Later you review contracts with a lawyer and check that documents are ready for closing. You also manage your small office, supervising agents and handling accounts. The work is unpredictable and depends on deals closing, but helping people find a home is deeply satisfying.

Illustrative: one typical day, written from the O*NET task statements for this occupation. Real days vary by employer and seniority.

What you'd actually do

  • Sell, for a fee, real estate owned by others.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Manage or operate real estate offices, handling associated business details.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.

Tools & technology you'd use

Microsoft Excel hot Microsoft Office software hot Microsoft Outlook hot Yardi software hot Adobe Photoshop hot Facebook hot Intuit QuickBooks hot Microsoft Access hot Microsoft Active Server Pages ASP hot Microsoft PowerPoint hot Microsoft Word hot AMTdirect

Frequently asked questions

What does Real estate brokers do?

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

What does a typical day look like in Real estate brokers?

You start the morning checking new listings and messages from buyers, then meet a couple who want to sell their family home. You walk through the house, compare it with similar properties that sold recently and suggest a realistic asking price. After they sign the agreement to list, you arrange photographs and write a description highlighting its best features. Mid-morning you show two flats to a young family, answering questions about the neighbourhood, schools and financing options.

How much does Real estate brokers earn?

The median annual salary for Real estate brokers in the US is $72,280.

What is the job outlook for Real estate brokers?

The role is projected to grow 3% over the next decade (about as fast as average). Current US employment is approximately 111,300 workers.

How do I become real estate brokers?

The typical entry education is a High school diploma or equivalent. Building a foundation in the top skills below will strengthen your application.

What skills does Real estate brokers need?

The most in-demand skills for this role include Speaking, Reading Comprehension, Active Listening, Critical Thinking, Negotiation, Active Learning. These are the skills O*NET identifies as most important for competent performance.

Will AI replace Real estate brokers?

Our AI-durability model gives Real estate brokers a score of 0.53 on a 0-1 scale (higher = more exposure). That places it at moderate AI exposure — some tasks are being automated but the role adapts. Learning to work with AI tools rather than against them is the path forward.

How hard is it to enter this field?

Real estate brokers has low barrier to entry — generally accessible — you can enter with basic credentials and on-the-job learning.

Take it further

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