Career Video: Real Estate Broker
Significant Points
- Real estate brokers and sales agents often work evenings and weekends and usually are on call to suit the needs of clients.
- A license is required in every State and the District of Columbia.
- Although gaining a job may be relatively easy, beginning workers may face competition from well-established, more experienced agents and brokers in obtaining listings and in closing an adequate number of sales.
- Employment is sensitive to swings in the economy, especially interest rates; during periods of declining economic activity and increasing interest rates, the volume of sales and the resulting demand for sales workers fall.
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