Real Estate Brokers and Sales Agents.
Employment of real estate brokers and sales agents is projected to grow 7 percent from 2018 to 2028, faster than the average for all occupations.
Therefore, their entry into the housing market should increase demand for real estate agents and brokers.
What is the job outlook for a real estate agent?
According to the Bureau of Labor Statistics (BLS), the employment of real estate brokers and sales agents is projected to increase by 7% between 2018 and 2028, faster than the average for all occupations. By 2022, there are estimated to be about 380,300 sales agents and 88,300 brokers working in the industry.
Is real estate a good career in 2020?
2020 should remain much like 2019. Despite a global economic slowdown, the US real estate market remains stable. Our economy is good, the job market remains strong and the unemployment rate is down. There is much talk of a recession but if there is one it will not be due to the housing market.
Do people still use real estate agents?
Real estate agents don’t inspect houses, they do not have power of attorney, they do not provide deeds, they do not provide the financing, they do not provide the insurance. The bulk of the transaction costs are taken up by the real estate agent. Yet real estate agents are still with us, charging 5% in commission.
Is there a demand for real estate agents in Ontario?
Job opportunities in Ontario. The employment outlook will be good for Real estate agents and salespersons (NOC 6232) in Ontario for the 2019-2021 period. Employment growth will lead to a moderate number of new positions. Several positions will become available due to retirements.
Why do realtors quit?
Another major reason people quit real estate is because they expect big profits with very little knowledge. People that get involved in real estate, without any prior knowledge or experience tend to blame the field if they aren’t immediately making money. The real problem is lack of education.
Is real estate a good career choice?
Real Estate is a Great Business
Real estate really is a great career choice. It can be a very difficult career if the training and work ethic fails, but it can be a seriously rewarding career if you are self-motivated, hard-working, honest, and enjoy networking and helping people.