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Real Estate Jobs and MBA Programs in Illinois
Illinois has an abundance of educational and career opportunities for real estate brokers. The job pool for real estate brokers in Illinois is growing and currently sits at 2,490. A nine percent bump in the number of jobs is projected to put the figure at 7,320 by 2016. This exceeds the national growth trend for real estate brokers. National projections show 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.
Illinois photo by Hary Han
The income for real estate brokers is $31 per hour or $64,000 per year on average in Illinois. Nationally, their income is $37 hourly or $77,000 per year on average.
Illinois, nicknamed the Land of Lincoln, has seen its population grow 4.0 percent to 12,910,409 over the last decade. The state capital is Springfield. In 2008, the total number of jobs was 7,657,328 and the average annual income in Illinois was $42,540, which is up from $41,720 the previous year. Unemployment increased to 10.1 percent in 2009, a jump of 3.7 percentage points from the previous year. The number of residents with a college degree is 26.1 percent, which is under the national average.
The top employing fields in Illinois include construction machinery merchant wholesalers, distilled alcoholic beverage merchant wholesalers, nonchocolate confectionery manufacturing and other prepared sauce manufacturing.
Having known landmarks is a staple for Illinois. The Sears Tower, Chicago is the tallest building on the North American continent. While being known for many things, one of the most noteworthy, Carlyle is the home of the largest man-made lake in Illinois.
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.
