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Real Estate Jobs and MBA Programs in New Jersey
New Jersey has an abundance of educational and career opportunities for real estate brokers. For real estate brokers, there are 810 jobs in New Jersey and this is projected to grow by seven percent to 3,200 jobs by 2016. However, this is not quite as good as the national trend for real estate brokers, which sees the job pool growing at about 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.
In New Jersey, 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.
New Jersey, also known as the Garden State, is home to 8,707,739 people. It has grown by 3.5 percent in the last 10 years. Trenton is the state capital. In 2008, there were a total of 5,176,293 jobs and at $51,473, the average annual income in New Jersey was higher than the previous year's per capita figure of $50,364. The unemployment rate in New Jersey was 9.2 percent in 2009. It rose by 3.7 percentage points from the previous year. Roughly 29.8 percent of state residents have college degrees. This exceeds the national average.
Wholesale trade, durable goods merchant wholesalers, drugs' sundries merchant wholesalers and grocery products merchant wholesalers are the top employing fields in New Jersey.
New Jersey is known for having important landmarks. New Jersey has the tallest water tower in the world. One of the many things New Jersey is known for, New Jersey is a major seaport state with the largest seaport in the U.S. located in Elizabeth.
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.