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Career and Education Opportunities for Real Estate Brokers in Delaware

Delaware has a population of 885,122, which has grown by 12.96% in the last 10 years. Nicknamed the "First State," its capital is Dover, though its most populous city is Wilmington.

There are currently 320 working real estate brokers in Delaware; this should grow by 8% to about 350 working real estate brokers in the state by 2016. This is not quite as good as 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 $22 hourly or $47,790 yearly on average in Delaware and about $27 per hour or $57,500 annually on average in the U.S. as a whole. Earnings for real estate brokers are better than earnings in the general category of Real Estate in Delaware and better than general Real Estate category earnings nationally.

In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the preceding year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. Roughly 25.0% of Delaware residents have college degrees, which is higher than the national average.

The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist destinations include the Arden Craft Shop Museum, the Business History & Technology Museum, and the Delaware Sports Museum and Hall of Fame.

CITIES WITH Real Estate Broker OPPORTUNITIES IN Delaware


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 Delaware 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: Delaware

Delaware
Delaware photo by Tim Kiser

Delaware has a population of 885,122, which has grown by 12.96% over the past decade. Nicknamed the "First State," its capital is Dover, though its largest city is Wilmington. In 2008, there were a total of 553,149 jobs in Delaware. The average annual income was $40,375 in 2008, up from $39,932 the previous year. The unemployment rate in Delaware was 8.1% in 2009, which has grown by 3.2% since the previous year. Approximately 25.0% of Delaware residents have college degrees, which is higher than the national average.

The top industries in Delaware include nondurable goods merchant wholesalers, management of companies, and offices of other holding companies. Notable tourist attractions include the Arden Craft Shop Museum, the Delaware Center for the Contemporary Arts, and the Historical Society of Delaware.