Real Estate Jobs and MBA Programs in Minnesota

The education and job opportunities are plentiful for real estate brokers in Minnesota. At 270, the number of jobs in Minnesota for real estate brokers is projected to rise 26 percent to 600 jobs by 2016. Over the next 10 years, the national job pool is projected to rise by eight percent, short of the state growth for real estate brokers. In general, real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

Minnesota photo by Kablammo

In Minnesota, the income for real estate brokers is $43 per hour or $89,000 per year. In the U.S. as a whole, their income is $37 hourly or $77,000 per year on average.

Nicknamed the North Star State, Minnesota has a population of 5,266,214. It's population has increased 7.0 percent over the last 10 years. The state capital is Saint Paul. In 2008, there were a total of 3,567,295 jobs and at $42,953, the average annual income in Minnesota was higher than the previous year's per capita figure of $41,693. The unemployment rate in Minnesota was 8.0 percent in 2009. It rose by 2.6 percentage points from the previous year. Roughly 27.4 percent of state residents have college degrees. This is under the national average.

The top employing fields in Minnesota include hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, real estate credit and outpatient care centers.

While being known for many things, one of the most noteworthy, Minneapolis is home to the oldest continuously running theater (Old Log Theater) and the largest dinner theater (Chanhassan Dinner Theater) in the country. One of the unique tidbits about Minnesota is the climate-controlled Metrodome is the only facility in the country to host a Super Bowl, a World Series and a NCAA Final Four Basketball Championship.

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.