Real Estate Jobs and MBA Programs in Maryland

Maryland is a great place to settle for real estate brokers as there are many educational and employment prospects. The job pool for real estate brokers in Maryland is growing and currently sits at 1,390. A projected rise of nine percent in employment opportunities will make the figure 3,830 jobs 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.

Maryland photo by Abhijit Tembhekar

Real estate brokers earn $34 per hour or $71,000 per year on average in Maryland. Nationally, their income is $37 hourly or $77,000 per year on average.

Nicknamed the Old Line State, Maryland has a population of 5,699,478, which has grown by 7.6 percent in the last 10 years. The state capital is Annapolis. There were a total of 3,471,985 jobs in 2008 and people in Maryland earned more than the previous year as the average annual income was $48,164, up from $46,922. The unemployment rate in Maryland was 7.0 percent in 2009, which has grown by 2.6 percentage points since the previous year. Roughly 31.4 percent of Maryland residents have college degrees, which is higher than the national average.

The top employing fields in Maryland include engineering services, radio broadcasting communications equipment manufacturing, photofinishing and photofinishing laboratories (except one-hour).

One of the many things Maryland is known for, Swallow Falls State Park near Oakland showcases Muddy Creek Falls. At 63 feet it is the largest waterfall in Maryland. Maryland has many unique characteristics, but one fun fact in particular is Fort Meade near Laurel became a base because a train engineer delivering soldiers to Meade knew only one Meade, the one in Maryland. He was not aware of Fort Meade, Florida. The confusion happened so often a second base was built in Maryland in an attempt to avoid the confusion.

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.