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.

Also includes

About the Job

Indiana Average Salary $49,410.00
Average Time to Fill 46 days
Typical Education Post-secondary certificate or some college courses
Typical Experience None
10 Year Projected Openings (2016-2026) 1,673
10 Year Expected Percentage Change (2016-2026) 4.93 %

For more information on the new projection methodology, visit Hoosiers by the Numbers .

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Skills Profile

Essential (Soft) Skills

Essential Skills to Employers

Attention to Detail
Oral Communication
Information Gathering
Critical Thinking
Written Communication
Intellectual Risk-taking
Time Management

Top Job Duties and Responsibilities

Making Decisions and Solving Problems

Set reasonable prices
Appraise personal property or equipment
Appraise real estate values
Appraise property values
Select tenants for rental properties

Getting Information

Monitor social media to refine business use and strategies
Access media advertising services
Conduct interviews to gather real estate or property related information
Obtain customer signature and approval on work orders and jobs
Research property records

Establishing and Maintaining Interpersonal Relationships

Maintain relationships with clients and customers
Establish relationships with clients and customers
Maintain relationships with vendors
Maintain relationships with stakeholders

Performing for or Working Directly with the Public

Sell real estate property
Sell products or services
Sell services
Contract real estate to clients

Scheduling Work and Activities

Schedule real estate closings
Arrange teleconference calls
Arrange buying party
Perform title search

Monitor Processes, Materials, or Surroundings

Track financial transactions such as deposits, payments, funding, or fees
Track sales activity or trends
Monitor contract performance
Monitor market conditions or trends

Resolving Conflicts and Negotiating with Others

Negotiate business contracts
Negotiate rental or lease contracts
Negotiate sales contracts

Real-Time Job Posting Statistics

Booster Skills & Certifications

Job Seekers possessing booster skills & certifications, such as those listed below, added to core skills are more marketable, harder to find and expensive to hire.

Hard to Fill: Employers find positions requiring these skills to be hard to fill. These skills and certifications make a job seeker more in demand because the skills are not widely available.

Expensive to Fill: Employers find positions requiring these skills to be expensive to fill. Job seekers with these skills and certifications are likely to earn more money.

Skill or Certification Certi - fication Hard to Fill Expensive to Fill
Real Estate Experience
Market Strategy
Product Knowledge
Rental Sales
Lead Generation
Sales Goals

Related Licensing Requirements

Real Estate Principal Broker (18-0000000054)

In order to obtain a broker's license, the candidate must: Be at least 18 years of age. Have either: One year of experience as a licensed real estate salesperson or the equivalent as determined by the commission, or Successfully completed a commission-approved broker course. Have not been convicted of a crime nor be subject to disciplinary sanctions that would interfere with the ability to carry out professional duties. Successfully pass the commission-administered examination. Pay all application and examination fees. Licenses may be renewed in odd-numbered years. The requirements vary somewhat for corporations or partnerships applying for licensure. More detailed information may be obtained from the Indiana Real Estate Commission.

- Indiana Professional Licensing Agency~Indiana Real Estate Commission (3172343047)

Real Estate Associate Broker (18-0000000122)

IC 25-34.1-3-4.1 Requirements for broker's license Sec. 4.1. (a) To obtain a broker license, an individual must: (1) be at least eighteen (18) years of age before applying for a license and must not have a conviction for: (A) an act that would constitute a ground for disciplinary sanction under IC 25-1-11; (B) a crime that has a direct bearing on the individual's ability to practice competently; or (C) a crime that indicates the individual has the propensity to endanger the public; (2) have satisfied section 3.1(a)(2) of this chapter and have had continuous active experience for one (1) year immediately preceding the application as a licensed salesperson in Indiana. However, this one (1) year experience requirement may be waived by the commission upon a finding of equivalent experience; (3) have successfully completed an approved broker course of study as prescribed in IC 25-34.1-5-5(b); (4) apply for a license by submitting the application fee prescribed by the commission and an application specifying the name, address, and age of the applicant, the name under which the applicant intends to conduct business, the address where the business is to be conducted, proof of compliance with subdivisions (2) and (3), and any other information the commission requires; (5) pass a written examination prepared and administered by the commission or its duly appointed agent; and (6) within one (1) year after passing the commission examination, submit the license fee established by the commission under IC 25-1- 8-2. If an individual applicant fails to file a timely license fee, the commission shall void the application and may not issue a license to that applicant unless that applicant again complies with the requirements of subdivisions (4) and (5) and this subdivision.

- Indiana Professional Licensing Agency~Indiana Real Estate Commission (3172343047)

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