Popular Careers

Career Development

Career development resources for aspiring professionals.

Career Change Center

Career change guides, tutorials and resources for professionals in transition.

Job Search Resources

Job search resources, websites, guides and directories for job seekers.


Career and Education Opportunities for Real Estate Brokers in Las Vegas, Nevada

There is a wide variety of career and education opportunities for real estate brokers in the Las Vegas, Nevada area. There are currently 630 working real estate brokers in Nevada; this should shrink by 4% to about 610 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.

Income for real estate brokers is about $29 per hour or $60,340 per year on average in Nevada. Nationally, their income is about $27 hourly or $57,500 per year. Incomes for real estate brokers are better than in the overall category of Real Estate in Nevada, and better than the overall Real Estate category nationally.

There are nineteen schools of higher education in the Las Vegas area, including two within twenty-five miles of Las Vegas where you can get a degree to start your career as a real estate broker. Given that the most common education level for real estate brokers is some college courses, you can expect to spend a short time training to become 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 Las Vegas 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

University of Nevada-Las Vegas - Las Vegas, NV

University of Nevada-Las Vegas, 4505 S Maryland Pky, Las Vegas, NV 89154. University of Nevada-Las Vegas is a large university located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs. It has 28,618 students and an admission rate of 73%. University of Nevada-Las Vegas has a bachelor's degree program in Real Estate which graduated twelve students in 2008.

College of Southern Nevada - Las Vegas, NV

College of Southern Nevada, 6375 W. Charleston Blvd., Las Vegas, NV 89146-1164. College of Southern Nevada is a large college located in Las Vegas, Nevada. It is a public school with primarily 4-year or above programs and has 27,035 students. College of Southern Nevada has an associate's degree program in Real Estate which graduated four 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

Phone: (775) 687-4280
Website: Department of Business & Industry Real Estate Division

LOCATION INFORMATION: Las Vegas, Nevada

Las Vegas, Nevada
Las Vegas, Nevada photo by Lasvegaslover

Las Vegas is located in Clark County, Nevada. It has a population of over 558,383, which has grown by 16.7% over the last ten years. The cost of living index in Las Vegas, 91, is below the national average. New single-family homes in Las Vegas are priced at $111,300 on average, which is far less than the state average. In 2008, 1,085 new homes were constructed in Las Vegas, down from 2,356 the previous year.

The top three industries for women in Las Vegas are accommodation and food services, arts, entertainment, and recreation, and health care. For men, it is construction, accommodation and food services, and arts, entertainment, and recreation. The average commute to work is about 25 minutes. More than 18.2% of Las Vegas residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 6.5%, is higher than the state average.

The unemployment rate in Las Vegas is 13.3%, which is greater than Nevada's average of 12.6%.

The percentage of Las Vegas residents that are affiliated with a religious congregation, 36.2%, is less than the national average but more than the state average. The most common religious groups are the Catholic Church, the LDS (Mormon) Church and the Southern Baptist Convention.

Las Vegas is home to the Tule Springs and the Union Pacific Station as well as Jaycee Park and Dexter Park. Shopping centers in the area include Spanish Oaks Shopping Center, Wonderland East Shopping Center and Shadow Hills Shopping Center. Visitors to Las Vegas can choose from Doubletree Club Las Vegas, The Las Vegas Gambler and MGM Grand Hotel Casino-The City of Entertainment - Human Resources for temporary stays in the area.