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Career and Education Opportunities for Real Estate Brokers in Denver, Colorado

Real estate brokers can find both educational opportunities and jobs in the Denver, Colorado area. About 5,320 people are currently employed as real estate brokers in Colorado. By 2016, this is expected to grow by 15% to about 6,100 people employed. This is better than the national trend for real estate brokers, which sees this job pool growing by about 8.6% over the next eight years. In general, real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

Income for real estate brokers is about $20 per hour or $43,010 annually on average in Colorado. Nationally, their income is about $27 hourly or $57,500 yearly. Incomes for real estate brokers are not quite as good as in the overall category of Real Estate in Colorado, and better than the overall Real Estate category nationally.

There are sixty-four schools of higher education in the Denver area, including four within twenty-five miles of Denver where you can get a degree to start your career as a real estate broker. Real estate brokers usually hold some college courses, so you can expect to spend a short time studying to be a real estate broker if you already have a high school diploma.

CAREER DESCRIPTION: Real Estate Broker

Real Estate Broker video from the State of New Jersey Dept. of Labor and Workforce Development

In general, real estate brokers operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions. They also other duties usually include selling real estate or renting properties and arranging loans.

Every day, real estate brokers are expected to be able to see details at a very fine level of focus. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.

It is important for real estate brokers to sell, for a fee, real estate owned by others. They are often called upon to maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located. They also compare a property with similar properties that have recently sold, in order to establish its competitive market price. They are sometimes expected to generate records of properties for sale, their locations and descriptions, and available financing options, using computers. Somewhat less frequently, real estate brokers are also expected to oversee and operate real estate offices, handling associated business details.

Real estate brokers sometimes are asked to obtain agreements from property owners to place properties for sale with real estate firms. and check work completed by loan officers and other professionals to insure that it is performed properly. And finally, they sometimes have to manage financing of property purchases.

Like many other jobs, real estate brokers must have exceptional integrity and be thorough and dependable.

Similar jobs with educational opportunities in Denver include:

  • Real Estate Agent. Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

EDUCATIONAL OPPORTUNITIES: Real Estate Broker Training

Arapahoe Community College - Littleton, CO

Arapahoe Community College, 5900 S. Santa Fe Dr., Littleton, CO 80160-9002. Arapahoe Community College is a medium sized college located in Littleton, Colorado. It is a public school with primarily 2-year programs and has 7,088 students. Arapahoe Community College has a less than one year program in Real Estate which graduated twelve students in 2008.

University of Denver - Denver, CO

University of Denver, 2199 S. University Blvd, Denver, CO 80208. University of Denver is a large university located in Denver, Colorado. It is a private not-for-profit school with primarily 4-year or above programs. It has 11,409 students and an admission rate of 64%. University of Denver has a bachelor's degree and a master's degree program in Real Estate which graduated ten and twelve students respectively in 2008.

Red Rocks Community College - Lakewood, CO

Red Rocks Community College, 13300 W Sixth Ave, Lakewood, CO 80228-1255. Red Rocks Community College is a medium sized college located in Lakewood, Colorado. It is a public school with primarily 2-year programs and has 7,432 students. Red Rocks Community College has a less than one year program in Real Estate which graduated eighteen students in 2008.

Emily Griffith Opportunity School - Denver, CO

Emily Griffith Opportunity School, 1250 Welton Street, Denver, CO 80204-2197. Emily Griffith Opportunity School is a small school located in Denver, Colorado. It is a public school with primarily less-than 2-year programs and has 2,148 students. Emily Griffith Opportunity School has a less than one year program in Real Estate which graduated eight students in 2008.

CERTIFICATIONS

Global Mobility Specialist: The purpose of Worldwide ERC's Certified Relocation Professional certification is to encourage members working in specific aspects of employee relocation to gain extensive and useful knowledge of all aspects of employee relocation.

For more information, see the Employee Relocation Council website.

Certified Relocation Professional: The purpose of Worldwide ERC Certified Relocation Professional program is to encourage members working in specific aspects of employee relocation to gain extensive and useful knowledge of all aspects of employee relocation.

For more information, see the Employee Relocation Council website.

Commercial Certified Mortgage Servicer: The Certified Mortgage Servicer (CMS) designation recognizes an individual's superior knowledge and experience in servicing practices, theories and applications.

For more information, see the Mortgage Bankers Association of America website.

Residential Certified Loan Officer: The Certified Loan Officer(CMT) designation creates a recognizable and meaningful seal of quality for residential loan officers.

For more information, see the Mortgage Bankers Association of America website.

LICENSES

Real Estate Broker License

Licensing agency: Division of Real Estate
Address: 1900 Grant Ste. 600, Denver, CO 80203

Phone: (303) 894-2166
Website: Division of Real Estate

LOCATION INFORMATION: Denver, Colorado

Denver, Colorado
Denver, Colorado photo by David Shankbone

Denver is located in Denver County, Colorado. It has a population of over 598,707, which has grown by 7.9% over the last ten years. The cost of living index in Denver, 102, is near the national average. New single-family homes in Denver are priced at $223,800 on average, which is below the state average. In 2008, eight hundred thirty-seven new homes were constructed in Denver, down from 1,215 the previous year.

The top three industries for women in Denver are health care, educational services, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 25 minutes. More than 34.5% of Denver residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.4%, is higher than the state average.

The percentage of Denver residents that are affiliated with a religious congregation, 53.0%, is more than both the national and state average. The most prominent religious groups are the Catholic Church, the American Baptist Churches in the USA and the Episcopal Church.

Denver is home to the J F Kennedy Municipal Golf Course and the North Marston Filtration Plant as well as Cheesman Park and Bear Creek Park. Shopping malls in the area include Alameda Square Shopping Center, Boulevard Shopping Center and Brentwood Plaza Shopping Center. Visitors to Denver can choose from Embassy Suites Hotel Denver Downtown, Intown Suites Aurora and Denver Marriott City Center for temporary stays in the area.