Career and Education Opportunities for Real Estate Agents in Bellevue, Washington
There is a wide variety of career and education opportunities for real estate agents in the Bellevue, Washington area. Currently, 6,810 people work as real estate agents in Washington. This is expected to grow by 15% to about 7,790 people by 2016. This is not quite as good as the national trend for real estate agents, which sees this job pool growing by about 16.2% over the next eight years. Real estate agents generally rent, buy, or sell property for clients.
Real estate agents earn about $20 hourly or $42,180 annually on average in Washington and about $19 hourly or $40,150 yearly on average nationally. Compared with people working in the overall category of Real Estate, people working as real estate agents in Washington earn less. They earn less than people working in the overall category of Real Estate nationally.
The Bellevue area is home to sixty-four schools of higher education, including two within twenty-five miles of Bellevue where you can get a degree as a real estate agent. Given that the most common education level for real estate agents is a high school diploma or GED, it will take only a short time to learn to be a real estate agent if you already have a high school diploma.
CAREER DESCRIPTION: Real Estate Agent
In general, real estate agents rent, buy, or sell property for clients. They also 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.
Real estate agents present purchase offers to sellers for consideration. They also design networks of attorneys and contractors to whom clients may be referred. Equally important, real estate agents have to advise sellers on how to make homes more appealing to potential buyers. They are often called upon to answer clients' questions regarding construction work and appraisals. They are expected to direct appointments to show homes to prospective buyers. Finally, real estate agents arrange meetings between buyers and sellers when specifics of transactions need to be negotiated.
Every day, real estate agents 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 agents to direct property closings, overseeing signing of documents and disbursement of funds. They are often called upon to evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms. They also locate and appraise undeveloped areas for building sites, on the basis of evaluations of area market conditions. They are sometimes expected to manage title searches to establish whether clients have clear property titles. Somewhat less frequently, real estate agents are also expected to direct appointments to show homes to prospective buyers.
Real estate agents sometimes are asked to visit properties to gauge them before showing them to clients. and secure construction or purchase financing with own firm or mortgage company. And finally, they sometimes have to evaluate mortgage options to help clients obtain financing at the best prevailing rates and terms.
Like many other jobs, real estate agents must have exceptional integrity and be reliable.
Similar jobs with educational opportunities in Bellevue include:
- Real Estate Broker. Operate real estate offices, or work for commercial real estate firms, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
- Technical Service Representative. Sell goods for wholesalers or manufacturers where technical or scientific knowledge is required in such areas as biology, engineering, and electronics, normally obtained from at least 2 years of post-secondary education.
EDUCATIONAL OPPORTUNITIES: Real Estate Agent Training
Seattle Community College-North Campus - Seattle, WA
Seattle Community College-North Campus, 9600 College Way North, Seattle, WA 98103-3599. Seattle Community College-North Campus is a medium sized college located in Seattle, Washington. It is a public school with primarily 2-year programs and has 6,159 students. Seattle Community College-North Campus has a less than one year and an associate's degree program in Real Estate which graduated twenty-seven and eight students respectively in 2008.
Bellevue College - Bellevue, WA
Bellevue College, 3000 Landerholm Cir SE, Bellevue, WA 98007-6484. Bellevue College is a large college located in Bellevue, Washington. It is a public school with primarily 4-year or above programs and has 11,748 students. Bellevue College has a less than one year and an associate's degree program in Real Estate which graduated nine and four students respectively in 2008.
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.
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.
Real Estate - Salesperson
Licensing agency: Department of Licensing
Address: Real Estate Broker Section, 2000 4th Avenue West, PO Box 9015, Olympia, WA 98507-9015
Phone: (360) 753-2262
Website: Department of Licensing Real Estate Broker Section
LOCATION INFORMATION: Bellevue, Washington
Bellevue is located in King County, Washington. It has a population of over 123,771, which has grown by 13.0% in the past ten years. The cost of living index in Bellevue, 128, is far greater than the national average. New single-family homes in Bellevue are valued at $475,200 on average, which is far greater than the state average. In 2008, one hundred thirteen new homes were built in Bellevue, down from one hundred sixty-five the previous year.
The top three industries for women in Bellevue are health care, professional, scientific, and technical services, and educational services. For men, it is professional, scientific, and technical services, transportation equipment, and construction. The average commute to work is about 22 minutes. More than 54.1% of Bellevue residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 19.4%, is higher than the state average.
The unemployment rate in Bellevue is 7.2%, which is less than Washington's average of 8.7%.
The percentage of Bellevue residents that are affiliated with a religious congregation, 37.3%, is less than the national average but more than the state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.
Bellevue is home to the Sunset Plaza and the Eastgate Plaza as well as Killarney Glen Park and Coal Creek Park. Shopping malls in the area include Hillfair Shopping Center, Lake Hills Shopping Center and Crossroads Shopping Center. Visitors to Bellevue can choose from Bedynamic Inc, Fairfield Inn Seattle-Bellevue and Bellevue Travelodge for temporary stays in the area.