Occupations/41-9021.00

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.

Bachelor’s

Usually a four-year bachelor’s degree.

AI automation risk

41%

Mixed exposure

Human characteristics

58%

Balanced human and task mix

Task orientation

31%

More resilient

A day in this job

  • Mostly human

    Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.

  • Mostly routine

    Manage or operate real estate offices, handling associated business details.

  • Task

    Sell, for a fee, real estate owned by others.

Split from the wording of these tasks, shown next to the occupation’s AI risk. It is not a separate score for each task, and it is not a forecast that the job disappears.

Core tasks

  1. 01Sell, for a fee, real estate owned by others.
  2. 02Obtain agreements from property owners to place properties for sale with real estate firms.
  3. 03Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  4. 04Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  5. 05Manage or operate real estate offices, handling associated business details.
  6. 06Compare a property with similar properties that have recently sold to determine its competitive market price.

Model drivers (O*NET 1–5)

  • Repeating same tasks3.04
  • Degree of automation2.70
  • Time sitting3.67
  • Originality (ability)2.50
  • Conflict situations3.14
  • Hands-on objects/tools1.92
  • Outdoors / weather3.87
  • Disease exposure1.22
  • Decision freedom4.89

Top abilities

  • Written Comprehension4.00
  • Oral Expression4.00
  • Oral Comprehension4.00
  • Speech Recognition3.62
  • Speech Clarity3.62
  • Near Vision3.62
  • Deductive Reasoning3.62
  • Written Expression3.50

Essential skills

  • Reading Comprehension3.88
  • Active Listening3.88
  • Writing3.38
  • Speaking4.00
  • Mathematics2.88
  • Science1.12
  • Critical Thinking3.88
  • Active Learning3.62
  • Learning Strategies2.50
  • Monitoring3.12

CIP matches

04.1001Real Estate Development52.1501Real Estate

Schools offering related programs

12 of 43 shown

Earnings are College Scorecard medians for that program, 1 and 2 years after completion. A dash means the Department suppressed the cell or the campus is not in the field file.

InstitutionProgramTuitionAdmitGrad 6-yrEarnings

University of Southern California

Los Angeles, CA · Private nonprofit

Real Estate Development

04.1001

$68,20012%92%

1 yr $125,388

2 yr $122,038

Master's · CIP 04.10

Georgetown University

Washington, DC · Private nonprofit

Real Estate

52.1501

$65,40012%95%

1 yr $101,964

2 yr $98,847

Master's · CIP 52.15

Virginia Polytechnic Institute and State University

Blacksburg, VA · Public

Real Estate

52.1501

$15,20057%86%

1 yr $99,072

2 yr —

Master's · CIP 52.15

University of Washington-Seattle Campus

Seattle, WA · Public

Real Estate Development

04.1001

$12,60048%84%

1 yr $91,190

2 yr $67,566

Master's · CIP 04.10

Columbia University in the City of New York

New York, NY · Private nonprofit

Real Estate Development

04.1001

$68,2004%96%

1 yr $81,333

2 yr $100,478

Master's · CIP 04.10

Lincoln College of Technology-Indianapolis

Indianapolis, IN · Private for-profit

Real Estate

52.1501

$18,600100%64%

1 yr $74,576

2 yr —

Bachelor's · CIP 52.15

Texas A & M University-College Station

College Station, TX · Public

Real Estate

52.1501

$13,20063%83%

1 yr $73,231

2 yr $82,685

Master's · CIP 52.15

University of Wisconsin-Madison

Madison, WI · Public

Real Estate

52.1501

$11,20049%89%

1 yr $73,112

2 yr $73,949

Bachelor's · CIP 52.15

New York University

New York, NY · Private nonprofit

Real Estate

52.1501

$60,40012%88%

1 yr $69,338

2 yr —

Bachelor's · CIP 52.15

University of Florida

Gainesville, FL · Public

Real Estate

52.1501

$6,40023%89%

1 yr $68,499

2 yr $73,231

Master's · CIP 52.15

Arizona State University Campus Immersion

Tempe, AZ · Public

Real Estate Development

04.1001

$12,00090%69%

1 yr $66,171

2 yr $69,338

Master's · CIP 04.10

Milwaukee Area Technical College

Milwaukee, WI · Public

Real Estate

52.1501

$4,900100%27%

1 yr $61,144

2 yr $52,107

Bachelor's · CIP 52.15