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Career and Education Opportunities for Real Estate Agents in Laramie, Wyoming

Many educational and employment opportunities exist for real estate agents in the Laramie, Wyoming area. There are currently 320 jobs for real estate agents in Wyoming and this is projected to grow by 29% to about 410 jobs by 2016. This is better than 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.

Income for real estate agents is about $24 hourly or $51,860 per year on average in Wyoming. Nationally, their income is about $19 per hour or $40,150 per year. Incomes for real estate agents are not quite as good as in the overall category of Real Estate in Wyoming, and not quite as good as the overall Real Estate category nationally.

The Laramie area is home to two schools of higher education, including one within twenty-five miles of Laramie 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

Real Estate Agent video from the State of New Jersey Dept. of Labor and Workforce Development

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 Laramie 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.

EDUCATIONAL OPPORTUNITIES: Real Estate Agent Training

University of Wyoming - Laramie, WY

University of Wyoming, Corner of Ninth and Ivinson, Laramie, WY 82071. University of Wyoming is a large university located in Laramie, Wyoming. It is a public school with primarily 4-year or above programs. It has 11,920 students and an admission rate of 96%. University of Wyoming has a less than one year program in Real Estate which graduated thirty-two 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.

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 SALESPERSON

Licensing agency: WYOMING REAL ESTATE COMMISSION
Address: Attn: Donna Rice, 2020 CAREY AVE, STE 702, CHEYENNE, WY 82002

Phone: (307) 777-7141
Website: WYOMING REAL ESTATE COMMISSION Attn: Donna Rice

LOCATION INFORMATION: Laramie, Wyoming

Laramie, Wyoming
Laramie, Wyoming photo by Decumanus

Laramie is located in Albany County, Wyoming. It has a population of over 27,523. The cost of living index in Laramie, 96, is near the national average. New single-family homes in Laramie are priced at $156,100 on average, which is well below the state average. In 2008, eighty-six new homes were built in Laramie, down from one hundred thirteen the previous year.

The three big industries for women in Laramie are educational services, health care, and accommodation and food services. For men, it is educational services, construction, and accommodation and food services. The average commute to work is about 12 minutes. More than 46.7% of Laramie residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 19.6%, is higher than the state average.

The unemployment rate in Laramie is 3.8%, which is less than Wyoming's average of 6.8%. About 22.6% of Laramie's residents are below the poverty line, which is worse than the state average.

The percentage of Laramie residents that are affiliated with a religious congregation, 37.4%, is less than both the national and state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.

Shopping centers in the area include Campus Mall and Odd Fellows Shopping Center. Visitors to Laramie can choose from Holiday Inn, 1st Inn Gold and Woods Landing Store for temporary stays in the area.