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Real Estate Jobs and MBA Programs in Utah
There are many career and education opportunities for real estate brokers in Utah. The job pool for real estate brokers in Utah is growing and currently sits at 470. A projected rise of 15 percent in employment opportunities will make the figure 3,030 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.
Real estate brokers earn $41 per hour or $86,000 per year on average in Utah. Nationally, their income is $37 hourly or $77,000 per year on average.
Nicknamed the Beehive State, Utah has a population of 2,784,572, which has grown by 24.7 percent in the last 10 years. The state capital is Salt Lake City. There were a total of 1,702,493 jobs in 2008 and people in Utah earned more than the previous year as the average annual income was $32,050, up from $31,800. The unemployment rate in Utah was 6.6 percent in 2009, which has grown by 2.9 percentage points since the previous year. Roughly 26.1 percent of Utah residents have college degrees, which is lower than the national average.
The top employing fields in Utah include activities related to credit intermediation, nonferrous metal production, sporting goods manufacturing and used car dealers.
Having known landmarks is a staple for Utah. Utah mountain peaks, on average, are the tallest in the country. The average elevation of the tallest peaks in each of Utah's counties is 11,222 ft.-higher than the same average in any other state. While being known for many things, one of the most noteworthy, Rainbow Bridge, Nature's abstract sculpture carved of solid sandstone, is the world's largest natural-rock span. It stands 278 feet wide and 309 feet high.
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.