Real estate sales agents

SOC Code: 41-9022
Also known as:
Agricultural Real Estate Agent, Apartment Leasing Agent, Apartment Leasing Consultant, Apartment Rental Agent, Building Consultant
Median Annual Salary
$56,320
+3.1% growth (2024-2034)
37K
Openings/Year
421K
Current Jobs

What Real estate sales agents Do

Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

💰 Salary

$56,320
Median annual wage (2024)

📈 Job Growth

+3.1%
As fast as average

🎓 Education

High school diploma or equivalent
Typical entry-level requirement

🚀 Annual Openings

37K
Projected average per year

📚 On-the-Job Training

Moderate-term on-the-job training
Expected training period

Employment Projections (2024-2034)

Current Employment (2024)

420,900

Projected Employment (2034)

433,700

Top Skills Required

Active Listening
Speaking
Negotiation
Social Perceptiveness
Coordination

Daily Tasks & Responsibilities

  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
  • Present purchase offers to sellers for consideration.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
  • Generate lists of properties that are compatible with buyers' needs and financial resources.
  • Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
  • Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.
  • Coordinate property closings, overseeing signing of documents and disbursement of funds.
  • Interview clients to determine what kinds of properties they are seeking.
  • Contact previous clients for prospecting of referral business.

Technology & Tools

Adobe Acrobat Canva Facebook Google Docs Intuit QuickBooks Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Project

📚 Entry-Level Education

High school diploma or equivalent
Most common requirement

🎯 Recommended Education

High School Diploma
O*NET recommended level

Degree Programs for Real estate sales agents

These degree programs can prepare you for a career as a real estate sales agents:

Real Estate

7,906 degrees awarded • 209 colleges offer this program

Real Estate Development

555 degrees awarded • 17 colleges offer this program

Best Colleges for Becoming a Real estate sales agents

Ranked by Repit grade, then by degrees in related programs. These are the top-rated colleges that prepare students to become real estate sales agents.

# College Location Related Degrees Repit Grade
1 New York University New York, NY 269 A
2 University of Georgia Athens, GA 172 A
3 University of Southern California Los Angeles, CA 161 A
4 Columbia University in the City of New York New York, NY 108 A
5 Harvard University Cambridge, MA 78 A
6 University of Pennsylvania Philadelphia, PA 70 A
7 University of California-San Diego La Jolla, CA 65 A
8 University of Florida Gainesville, FL 58 A
9 Johns Hopkins University Baltimore, MD 39 A
10 University of Wisconsin-Madison Madison, WI 247 B+
11 Georgetown University Washington, DC 174 B+
12 Florida State University Tallahassee, FL 130 B+
13 Florida International University Miami, FL 123 B+
14 Pennsylvania State University-Main Campus University Park, PA 118 B+
15 Texas Christian University Fort Worth, TX 110 B+
16 Virginia Polytechnic Institute and State University Blacksburg, VA 87 B+
17 Ohio State University-Main Campus Columbus, OH 76 B+
18 Texas A & M University-College Station College Station, TX 75 B+
19 University of Central Florida Orlando, FL 58 B+
20 CUNY Bernard M Baruch College New York, NY 43 B+

Want this ranking as a spreadsheet? Investor Pro+ members can export any Repit table to CSV. See plans →

Frequently Asked Questions

How much do real estate sales agents make?
The median annual salary for real estate sales agents is $56,320.
What education do real estate sales agents need?
Most real estate sales agents positions require a high school diploma or equivalent. Common degree programs include Real Estate, Real Estate Development.
Is becoming real estate sales agents a good career choice?
Real estate sales agents is projected to see +3.1% job growth from 2024 to 2034, which is about average for all occupations. With approximately 36,600 job openings expected annually, there are good opportunities for those entering the field.
What are the best colleges for real estate sales agents?
Top colleges for aspiring real estate sales agents include New York University, University of Georgia, University of Southern California, Columbia University in the City of New York, Harvard University. These schools are ranked based on their Repit grade and the number of graduates in related programs.
What other job titles are similar to real estate sales agents?
Real estate sales agents may also be known as: Agricultural Real Estate Agent, Apartment Leasing Agent, Apartment Leasing Consultant, Apartment Rental Agent, Building Consultant, Buyers' Agent, Closing Agent, Closing Coordinator, Contracts Specialist, Home Sales Consultant, Industrial Real Estate Agent, Land Agent, Land Sales Agent, Leasing Agent, Leasing Associate, Leasing Consultant, Leasing Professional, Leasing Specialist, Licensed Real Estate Agent, Licensed Real Estate Sales Agent. These titles often refer to similar roles with varying responsibilities or specializations.