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Career and Education Opportunities for Real Estate Brokers in Colorado

Colorado has a population of 5,024,748, which has grown by 16.82% in the last 10 years. Nicknamed the "Centennial State," Colorado's capital and largest city is Denver.

Currently, 5,320 people work as real estate brokers in Colorado. This is expected to grow by 15% to 6,100 people by 2016. This is better than the nation as a whole, where employment opportunities for real estate brokers are expected to grow by about 8.6%. Real estate brokers generally operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

A person working as a real estate broker can expect to earn about $20 hourly or $43,010 annually on average in Colorado and about $27 per hour or $57,500 per year on average in the U.S. as a whole. Compared with people working in the overall category of Real Estate, people working as real estate brokers in Colorado earn less. They earn more than people working in the overall category of Real Estate nationally.

In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 in 2007. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. About 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Four Mile Historic Park, the Fine and Dandy Gourmet Baskets & Gifts, and the Friends of Historic FT Logan.

CITIES WITH Real Estate Broker OPPORTUNITIES IN Colorado


JOB 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.

Similar jobs with educational opportunities in Colorado 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.

LOCATION INFORMATION: Colorado

Colorado
Colorado photo by Wayne L. Bart

Colorado has a population of 5,024,748, which has grown by 16.82% over the past 10 years. Nicknamed the "Centennial State," Colorado's capital and most populous city is Denver. In 2008, there were a total of 3,285,413 jobs in Colorado. The average annual income was $43,021 in 2008, up from $42,449 the preceding year. The unemployment rate in Colorado was 7.7% in 2009, which has grown by 2.8% since the previous year. Approximately 32.7% of Colorado residents have college degrees, which is higher than the national average.

The top industries in Colorado include professional equipment merchant wholesalers, computer peripheral equipment merchant wholesalers, and repair. Notable tourist destinations include the Fine and Dandy Gourmet Baskets & Gifts, the Denver City & County Government, and the Friends of Historic FT Logan.