Real Estate Agent makes list of 2012 Best jobs!

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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.

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89% of Buyers use a Real Estate Agent

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Taken from NAR 2011 Profile of Homebuyers and Sellers

Each year, NAR (National Association of REALTORS®) surveys home buyers and sellers to get more information on their buying and selling experiences. This year’s report shows trends that have not been seen in the last 10 years as tighter credit standards are changing who purchases homes, who sells homes, and how homes are financed.

What every first-time homebuyer needs to know

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Source: A first-time homebuyers guide on AOL Real Estate

Buying a home means so much more than paying a mortgage.

Below are critical steps first-time homebuyers need to follow:

Fix Your Credit

The first step toward buying a home takes place months before walking into your lender’s office. It’s crucial to check your credit score at least three to six months ahead of your mortgage application, says Rod Griffin, director of Public Education at Experian. You can request a free copy of the report from each of the three credit bureaus (Experian, TransUnion and Equifax) at annualcreditreport.com.