Real Estate Jobs and MBA Programs in Arkansas

Those thinking about careers as real estate brokers can find educational and employment prospects in Arkansas. The job pool for real estate brokers in Arkansas is growing and currently sits at 370. A two percent bump in the number of jobs is projected to put the figure at 1,250 by 2016. This is lower than the national growth trend for real estate brokers. National projections showing a rise of just eight percent over the next 10 years. Real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

Arkansas photo by Vsmith

The income for real estate brokers is $29 per hour or $60,000 per year on average in Arkansas. Nationally, their income is $37 hourly or $77,000 per year on average.

Home to 2,889,450 people, Arkansas, known as Natural State, has grown by 8.1 percent in the last 10 years. The state capital is Little Rock. In 2008, the total number of jobs was 1,599,446 and the average annual income in Arkansas was $32,257, which is up from $31,517 the previous year. In Arkansas, the unemployment rate went up by 2.1 percentage points to 7.3 percent in 2009 from the previous year. The number of residents with a college degree is 16.7 percent, which is under the national average.

The top employing fields in Arkansas include poultry processing, plumbing equipment merchant wholesalers, commercial refrigeration equipment manufacturing and industrial refrigeration equipment manufacturing.

One of the many things Arkansas is known for, North Little Rock offers one of the nation's largest municipal parks. Arkansas has many unique characteristics, but one fun fact in particular is In 1783 the Colbert Incident occurred at Arkansas Post. It was the only Revolutionary War skirmish in the state.

Real Estate

Real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

They regularly sell, for a fee, real estate owned by others and maintain knowledge of real estate law, local economies, fair housing laws.

They are required to negotiate with others and try to resolve differences. Also, they must manage and maintain budgets and other financial resources.

Real estate brokers should be able to articulate ideas and problems and listen to and understand others in meetings.

In order to be successful in the workplace, real estate brokers must be thorough and dependable and be reliable.