Real Estate Broker Job Description: Top Duties and Qualifications

A Real Estate Broker, or Managing Real Estate Broker, is responsible for overseeing real estate transactions between buyers and sellers. Their duties include drafting contracts for buyers and sellers, negotiating sale prices between buyers and sellers and leading a team of Real Estate Agents to help them close deals.

Build a Job Description

Are you a Job Seeker? Find Jobs

Real Estate Broker duties and responsibilities

The Real Estate Broker has several duties and responsibilities. These duties are different if the Real Estate Broker is working with a seller or buyer. Some of these responsibilities include:

Listing homes for sale, usually on the Multiple Listing Service (MLS)
Sharing brokerage listings with other MLS brokers to get buyers to go to listings
Advising home sellers on how they better prepare their home for listing and showings
Supervising property showings
Reporting results and feedback of the sale to sellers
Helping buyers locate properties within their desired geographical area, price range and other criteria
Assisting buyers with visiting properties
Working with buyers during the sale

Real Estate Broker Job Description Examples

Example 1

Are you wanting or needing more training, guidance, and support… we can help with that. We are looking for hungry agents that want to get to the next level, regardless if you are in school, just got out, or you are a seasoned agent. We provide you with the training and resources to become a top agent. We are a group of agents who work hard and play hard! If you want to be part of one of the fastest-growing real estate teams in Arizona, let us know! Why should you consider joining It’s A Breeze Real Estate on My Home Group? * Full-Service Brokerage * ZERO Onboarding Fees / ZERO Desk Fees * Productivity Standard & Service Based Culture * 7 Day Broker Support * Leads Available * Training, Coaching & Mentorship * Top-Notch Marketing & Lead Gen Tools * Marketing Services * Multiple Office Locations * Perfect Storm CRM, SEO Website Click here to *schedule a meeting* with me today to find out why we are one of the Top Teams in Arizona, and how we can help you take your Real Estate Business to the next level. [website] Check us out on Facebook as well... [website] If you need to get your Real Estate License you can sign up here: [website] *!!! MUST Live in AZ (but don't have to work from the office), MUST have a Real Estate License or be willing to get one !!!* Job Types: Full-time, Part-time Pay: $65,000.00 - $175,000.00 per year Benefits: * Employee assistance program * Employee discount * Flexible schedule * Professional development assistance Schedule: * Day shift Supplemental Pay: * Commission pay Application Question(s): * If not, are you willing to get one? * If you're willing to get one, when do you want to sign up for Real Estate School? * Real Estate License (Preferred) Work Location: Multiple Locations

Post a job in minutes
and start receiving quality resumes as soon as today.

No credit card required

Easy posting process

No contracts required

Build a Real Estate Broker Job Description

What does a Real Estate Broker do?

Real Estate Brokers typically work for real estate firms or agencies to coordinate the buying and selling of commercial or residential properties. They work closely with Real Estate Agents and their clients to establish negotiable terms and create a selling price that competes with other local listings. Their job is to use their experience in real estate to assist Real Estate Agents with complex tasks. They may also be responsible for helping stage homes ahead of open houses to help potential buyers visualize how they could use the space.

Real Estate Broker skills and qualifications

Real Estate Brokers should have a variety of practical and specialized skills for their position. The main skills and qualifications of a Real Estate Broker usually include:

Communication skills
Familiarity with real estate laws
Knowledge of customer service and real estate standards
Interpersonal skills
Ability to handle stress and operate under deadlines
Supervisory skills

Real Estate Broker salary expectations

No salary data could be found on Indeed Salaries.

Real Estate Broker education and training requirements

The minimum educational requirement for Real Estate Brokers is a high school education, but a bachelor’s degree, especially in real estate, is strongly suggested for those who want to be competitive. Post-secondary education is advised because licensing guidelines in most states require Real Estate Brokers to have education beyond high school. Real estate undergraduate courses include classes in real estate law, real estate appraisal, property management, real estate investments and property development.

Real Estate Broker experience requirements

Before becoming a Real Estate Broker, Real Estate Agents need to work under the supervision of another Broker. Eligibility for a license usually includes completing state-approved educational programs and earning a bachelor’s degree or certificate related to the real estate industry. Typically 1-3 years of experience is necessary to sell real estate. Continuing education programs are an essential part of a Real Estate Broker’s ongoing job function and learning experience.

Job description samples for similar positions

If this description for a Real Estate Broker isn’t what you’re looking for, consider this similar position:

Real Estate Agent

Ready to Hire a Real Estate Broker? Build a Real Estate Broker Job Description

Frequently asked questions about Real Estate Brokers

What is the difference between a Real Estate Broker and a Mortgage Broker?

The difference between a Real Estate Broker and a Mortgage Broker is their areas of job expertise. Real Estate Brokers work closely with people looking to purchase or sell a home or commercial property. They help them negotiate contracts and either develop a competitive sale price or establish an offer amount. In contrast, Mortgage Brokers work closely with prospective homebuyers to match them with lenders and help them determine the highest mortgage they could receive to put toward a home purchase.

What are the daily duties of a Real Estate Broker?

On a typical day, a Real Estate Broker starts by checking in with their team of Real Estate Agents and their progress in helping clients purchase or sell their properties. They hold meetings with their team to answer questions about local listings and assign new clients to Real Estate Agents. Throughout the day, they draft contracts for clients looking to buy or sell their homes and coordinate with clients to schedule a time to look over their contracts and sign documents.

When not in their office, Real Estate Brokers travel around their local area to meet with clients, negotiate buying or selling terms and obtain signatures. They also use this time to inspect homes and give clients a quote on the price they can sell it for.

What qualities make a good Real Estate Broker?

A good Real Estate Broker has superb writing abilities. This quality allows them to draft well-written, professional contracts to help clients buy or sell properties. They value continued education and repeatedly check local listings and real estate trends to best aid their clients when negotiating terms. A good Real Estate Broker has excellent interpersonal communication, which helps them communicate between buyers and sellers with different backgrounds and knowledge or real estate proceedings.

A good Real Estate Broker also acts as a mentor figure to Real Estate Agents and is always willing to provide professional advice.

Who does a Real Estate Broker report to?

Real Estate Brokers usually report to their state’s real estate commission, from which they obtain new information about real estate laws and regulations. Real Estate Brokers may also report indirectly to their Agent’s clients to help them draft contracts and negotiate their selling or buying terms.