Real Estate Jobs and MBA Programs in Michigan

Those looking for careers as real estate brokers should consider the educational and employment opportunities in Michigan. There are currently 1,100 jobs for real estate brokers in Michigan and that number is growing. A seven percent bump in the number of jobs is projected to put the figure at 2,660 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.

Michigan photo by Jjegers

The income for real estate brokers is $39 per hour or $81,000 per year on average in Michigan. Nationally, their income is $37 hourly or $77,000 per year on average.

Michigan, nicknamed the Great Lakes State, has seen its population grow 0.3 percent to 9,969,727 over the last decade. Lansing is the state capital. In 2008, the total number of jobs was 5,397,807 and the average annual income in Michigan was $34,953, which is up from $34,185 the previous year. Unemployment increased to 13.6 percent in 2009, a jump of 5.3 percentage points from the previous year. The number of residents with a college degree is 21.8 percent, which is under the national average.

Transportation equipment manufacturing, motor vehicle manufacturing, motor vehicle parts manufacturing and motor vehicle supplies parts merchant wholesalers are the top employing fields in Michigan.

One of the many things Michigan is known for, Alpena is the home of the world's largest cement plant. Michigan has many unique characteristics, but one fun fact in particular is Michigan is the only place in the world with a floating post office. The J.W. Westcott II is the only boat in the world that delivers mail to ships while they are still underway. They have been operating for 125 years.

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.