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Occupation information for

Real Estate Brokers
District Of Columbia

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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.

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Currently Employed: 340

Projected Annual Job Openings: 10

Typical Hourly Wage: Not Available

Typical Annual Salary: Not Available

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typical training

Typical education needed for entry: High school diploma or equivalent

Typical work experience needed for a job in this occupation: Less than 5 years

Typical on-the-job training once you have a job in this occupation: None

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typical job duties

  • 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.
  • Supervise agents who handle real estate transactions.
  • 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.
  • Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
  • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.

tools & technology

  • Automobiles or cars
  • Desktop computers
  • Notebook computers
  • Personal digital assistant PDAs or organizers
  • Tape measures

  • Accounting software
  • Customer relationship management CRM software
  • Data base user interface and query software
  • Internet browser software
  • Office suite software

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