Real Estate Sales Agents

41-9022.00 Zone 3 — Medium Preparation Needed

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.

Also known as: Agricultural Real Estate Agent, Apartment Leasing Agent, Apartment Leasing Consultant, Apartment Rental Agent, Building Consultant, Buyers' Agent, Closing Agent, Closing Coordinator, ...

Annual Salary

$56,320

Median annual wage (May 2024)

$38,940 25th – 75th percentile $85,440
10th percentile $31,940
90th percentile $125,140
U.S. Employment: 190,600

Job Outlook

+3.1%

Projected growth, 2024–2034 (About average)

Annual Job Openings 36,600 per year (avg. 2024–2034)
Typical education: High school diploma or equivalent
On-the-job training: Moderate-term on-the-job training

What You'd Do

  • Present purchase offers to sellers for consideration.
  • 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.
  • Interview clients to determine what kinds of properties they are seeking.
  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
  • Coordinate property closings, overseeing signing of documents and disbursement of funds.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
  • 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 appointments to show homes to prospective buyers.
  • Generate lists of properties that are compatible with buyers' needs and financial resources.

Top Skills

Active Listening 4.0
Speaking 4.0
Negotiation 3.9
Coordination 3.8
Social Perceptiveness 3.8
Critical Thinking 3.6
Persuasion 3.6
Service Orientation 3.5

Importance scale: 1 (low) – 5 (high)

Knowledge Areas

Customer and Personal Service 4.8
Sales and Marketing 4.7
English Language 4.4
Law and Government 4.0
Administrative 3.8
Administration and Management 3.7
Computers and Electronics 3.5
Mathematics 3.5

Importance scale: 1 (low) – 5 (high)

Education Level Distribution

Percentage of workers in this occupation by education level

High School
42.9%
Certificate
23.8%
< High School
9.5%
Some College
9.5%
Associate's
4.8%
Bachelor's
4.8%
Master's
4.8%

Technology & Tools

Software and tools commonly used in this role

In-Demand Technologies

Adobe Acrobat Canva Facebook Google Docs Intuit QuickBooks Microsoft Excel Microsoft Office software Microsoft Outlook Microsoft PowerPoint Microsoft Project Microsoft Teams Microsoft Word Yardi software Zoom

Other Tools

Agent Business Builder Argosy Legal Systems Power Closer CMA Stuffers Commercial and industrial development project cost analysis software Corel WordPerfect Office Suite DataBasix Technologies Lead Commander DeLorme Topo USA Digital contract software Document creation software DocuSign eSignature Easypano Tourweaver eGrabber ListGrabber Email software FaceTime Financial calculators software +1 more

Work Styles

Personality traits and work styles important for this career

2.5
Social Orientation
2.4
Dependability
2.4
Achievement Orientation
2.3
Integrity
2.2
Perseverance
2.2
Self-Confidence
2.1
Attention to Detail

Key Abilities

Cognitive, physical, and sensory abilities important for this role

Oral Comprehension 4.0
Oral Expression 4.0
Written Comprehension 3.9
Speech Clarity 3.9
Speech Recognition 3.9
Written Expression 3.4
Deductive Reasoning 3.3
Far Vision 3.1

Importance scale: 1 (low) – 5 (high)

Work Activities

General types of job behaviors occurring on this job

Resolving Conflicts and Negotiating with Others 4.7
Establishing and Maintaining Interpersonal Relationships 4.4
Working with Computers 4.4
Making Decisions and Solving Problems 4.4
Getting Information 4.3
Organizing, Planning, and Prioritizing Work 4.3
Selling or Influencing Others 4.3
Communicating with People Outside the Organization 4.3

Importance scale: 1 (low) – 5 (high)

Work Environment

Physical and social factors that influence the nature of work

E-Mail
5.0
Telephone Conversations
5.0
Contact With Others
5.0
Level of Competition
4.9
Face-to-Face Discussions with Individuals and Within Teams
4.7
Determine Tasks, Priorities and Goals
4.7
Freedom to Make Decisions
4.6
Time Pressure
4.5
In an Enclosed Vehicle or Operate Enclosed Equipment
4.5
Impact of Decisions on Co-workers or Company Results
4.4
Frequency of Decision Making
4.4
Written Letters and Memos
4.3

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Salary data: BLS Occupational Employment and Wage Statistics, May 2024. Outlook data: BLS Employment Projections, 2024–2034.

This page includes information from the O*NET 30.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license.