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Occupational Employment Statistics


DETAILED OCCUPATION DATA

41-9021 Real Estate Brokers



Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Seven County Mpls-St Paul, MN 46022$52.38/hr$29.31/hr$37.10/hr$37.82/hr$82.48/hr$82.48/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
ManufacturingN/AN/A
Trade, Transportation and UtilitiesN/AN/A
Financial Activities640$37.47/hr
Professional and Business ServicesN/AN/A
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Duluth MN-WI MSA N/A$33.92/hrN/A
Fargo ND-MN MSA N/AN/AN/A
Grand Forks ND-MN MSA N/AN/AN/A
La Crosse WI-MN MSA N/AN/AN/A
Rochester MN MSA N/AN/AN/A
St Cloud MN MSA N/AN/AN/A
Northwest Balance of State N/AN/AN/A
Northeast Balance of State N/AN/AN/A
Southeast Balance of State N/AN/AN/A
Southeast Minnesota N/AN/AN/A
Northeast Minnesota 20$30.20/hrN/A
Northwest Minnesota 20$34.18/hrN/A
Mankato-North Mankato MN MSA 30$24.34/hrN/A
Southwest Balance of State 40$22.37/hrN/A
Southwest Minnesota 50$22.85/hrN/A
Central Minnesota 70$33.86/hr-0.8%
Seven County Mpls-St Paul, MN 460$37.82/hr3.8%
Minneapolis-St Paul-Bloomington MN-WI MSA 490$37.82/hrN/A
Minnesota 670$37.47/hr2.9%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Real Estate Sales Agents 2,170$18.63/hr2.9%
Property, Real Estate, and Community Association Managers 4,120$29.81/hr0.4%
Loan Officers 8,020$38.66/hr2.3%


  • Manage or operate real estate offices, handling associated business details.
  • Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
  • Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
  • Obtain agreements from property owners to place properties for sale with real estate firms.
  • Give buyers virtual tours of properties in which they are interested, using computers.
  • Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
  • Supervise agents who handle real estate transactions.
  • Sell, for a fee, real estate owned by others.