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Career and Education Opportunities for Real Estate Brokers in Amarillo, Texas

Amarillo, Texas provides a wide variety of opportunities, both career and educational, for real estate brokers. There are currently 7,620 jobs for real estate brokers in Texas and this is projected to grow by 8% to about 8,190 jobs by 2016. This is not quite as good as the national trend for real estate brokers, which sees this job pool growing by about 8.6% over the next eight years. Real estate brokers generally operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions.

Real estate brokers earn approximately $31 hourly or $65,200 per year on average in Texas. Nationally they average about $27 hourly or $57,500 annually. Incomes for real estate brokers are better than in the overall category of Real Estate in Texas, and better than the overall Real Estate category nationally.

There are six schools of higher education in the Amarillo area, including one within twenty-five miles of Amarillo where you can get a degree to start your career as a real estate broker. The most common level of education for real estate brokers is some college courses. 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 Amarillo 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

Amarillo College - Amarillo, TX

Amarillo College, 2011 S. Washington, Amarillo, TX 79109. Amarillo College is a large college located in Amarillo, Texas. It is a public school with primarily 2-year programs and has 10,118 students. Amarillo College has less than one year, one to two year, and associate's degree programs in Real Estate which graduated zero, zero, and three students respectively 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/SALES AGENT

Licensing agency: Texas Real Estate Commission
Address: PO Box 12188, Austin, TX 78711-2188

Phone: (512) 459-6544
Website: Texas Real Estate Commission

LOCATION INFORMATION: Amarillo, Texas

Amarillo, Texas
Amarillo, Texas photo by Anonymous Cow

Amarillo is situated in Potter County, Texas. It has a population of over 187,236, which has grown by 7.8% in the past ten years. The cost of living index in Amarillo, 79, is well below the national average. New single-family homes in Amarillo are priced at $245,400 on average, which is far greater than the state average. In 2008, four hundred seventy-one new homes were constructed in Amarillo, down from six hundred forty-eight the previous year.

The three most popular industries for women in Amarillo are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and food. The average commute to work is about 17 minutes. More than 20.5% of Amarillo residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.8%, is lower than the state average.

The unemployment rate in Amarillo is 5.4%, which is less than Texas's average of 8.1%.

The percentage of Amarillo residents that are affiliated with a religious congregation, 86.4%, is more than both the national and state average. Pentecostal Church of God, Pentecostal Church of God in Christ and Pentecostal Holiness Church are among the churches located in Amarillo. The largest religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.

Amarillo is home to the Amarillo Globe Dream House and the Wolflin Historic District as well as Martin Road Park and Will Rogers Park. Shopping malls in the area include Western Plaza Shopping Center and Westgate Shopping Center. Visitors to Amarillo can choose from 3B Machine & Custom Fabrication, Bailey's Lounge and Comfort Inn Airport for temporary stays in the area.