Real Estate Agent makes list of 2012 Best jobs!
USNews.com posted an article: Best Jobs 2012: Real Estate Agent as one of the Best Jobs of 2012, and that this profession should see significant growth over the next decade.
The article goes on to state in the following excerpts that the Bureau of Labor Statistics projects 12.2 percent employment growth for real estate agents between 2010 and 2020, which is slightly faster than average. An additional 45,000 jobs will need to be filled within that time period.
According to the Labor Department, the median annual salary for a real estate agent was $40,030 in 2010. The best-paid 10 percent made around $95,220, while the lowest-paid earned roughly $20,460 in that year. The field’s best-compensated usually work with agencies, brokerages, and other insurance-related activities, with wired telecommunications carriers, or with natural gas distribution. The highest paid in the industry work in Wilmington, N.C., Syracuse, N.Y., or the Bridgeport, Conn., metropolitan area.
Real Estate Agent Salary Range:
75th Percentile Wage: $63,410
Median Wage: $40,030
25th Percentile Wage: $27,400
When it comes to landing a real estate job, “The last thing you do is worry about commission and the first thing is education,” says Mo Veissi, president of the National Association of Realtors (NAR). “Without that education upfront, you limit yourself initially.” Veissi recommends using the NAR as a viable resource for further learning, as the NAR features an extensive library that’s free for members. He also suggests taking courses at state and local associations, as they will be more specific about laws and regulations. “You’ve got a three-tier level of education available, which is more than most other professions,” Veissi says. He also recommends using other real estate agents and brokers as mentors: “People within this business are willing to help you along, even though they are your competition.” On top of education, Veissi says employers are looking for applicants with some background in sales, who exhibit excellent people skills, and who are fully committed to the profession. “A good real estate agent must be willing to accept both the stress and the rewards of sales,” he says. “Anyone who interviews you wants to know that you want to be successful.”
Read the entire article here
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