Real Estate Jobs and MBA Programs in District of Columbia

Many educational and employment opportunities are available for real estate brokers in District of Columbia. In District of Columbia, there are currently 510 jobs for real estate brokers and this is projected to grow by one percent to 1,380 jobs by 2016. This growth falls short of the projected rise of the national job pool for real estate brokers, which shows an increase of eight percent over the next 10 years. In general, real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

District of Columbia photo by TheAgency

In District of Columbia, the income for real estate brokers is $32 per hour or $65,000 per year. In the U.S. as a whole, their income is $37 hourly or $77,000 per year on average.

The capital is D.C. In 2008, the total number of jobs was 814,340 and the average annual income in District of Columbia was $66,316, which is up from $64,040 the previous year. Unemployment increased to 10.2 percent in 2009, a jump of 3.6 percentage points from the previous year. The number of residents with a college degree is 39.1 percent, which is above the national average.

In District of Columbia, the top employers are in technical services, technical services, other services (except public administration) and similar organizations.

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.