Careers in Real EstateReal estate agents and brokers assist in the process of buying and selling real estate for their clients. Working through a broker, agents perform an essential service for both the buyer and seller by promoting the orderly transfer of property. Real estate agents may specialize in selling apartment buildings, or residential, recreational, commercial, industrial or farm property. In the commercial field, real estate agents also become involved in leasing arrangements. Whatever the specialty, agents must have knowledge of all aspects unique to that type of property. Real estate agents are usually paid on a straight commission basis determined by agreement between the broker and the agent. Earnings will vary widely among agents because of the geographic area in which they work and the amount of time and energy put into the job. An agent’s reputation for integrity and service will be the key factor in determining his/her success.
The California Employment Development Department (EDD) collects data about the state’s workforce. These data include information about the number of people employed in the field, job outlook, and wage information. While demand for real estate brokers is expected to remain stable, the California EDD predicts that there will continue to be an increased need for real estate agents with 8.1% growth over the period 2008-2018. For more detailed information about positions in the real estate field, check the California Occupational Guide for the occupations listed below: http://www.labormarketinfo.edd.ca.gov/occguides/Search.aspx.
Necessary Education and Skills for Career Success
Contact: Margaret Bdzil