Broker Real Estate Salary in Chicago, Illinois

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Average Salary for Broker Real Estate in Chicago, Illinois

The average salary of a(n) Broker Real Estate in Chicago, Illinois is $58,697.

The average hourly rate of a(n) Broker Real Estate in Chicago, Illinois is $28.22.

The average bonus of a(n) Broker Real Estate in Chicago, Illinois is $8,769.00.

Job Description:

Rents, buys, and sells property for clients on commission basis. Solicits real estate services from property owners in order to obtain new listings. Checks property listings to become familiar with properties for sale. Accompanies prospects to property sites, quotes purchase price, describes features, and discusses conditions of sale or terms of lease. Draws up real estate contracts, such as deeds, leases, and mortgages. Reviews trade journals and attends staff and association meetings to keep informed of marketing conditions, property values, and legislation that would affect real estate industry. Interviews prospective clients to solicit listings. Accompanies prospects to property sites, quotes purchase price, describes features, and discusses conditions of sale or terms of lease. Draws up real estate contracts, such as deeds, leases, and mortgages, and negotiates loans on property. May negotiate loans on property. May hold broker's license. May assist buyer and seller in obtaining pertinent information or services, such as finance, maintenance, repair, or obtaining an appraisal. May obtain pictures and measurements of rooms, doors, windows, or any other specified areas for inclusion in newspaper advertisement and real estate booklets listing description of property. May inspect property to determine if repairs are needed and notify owner. May conduct seminars and training sessions for sales agents to improve sales techniques. May prepare closing statements, oversee signing of real estate documents, disburse funds, and coordinate closing activities. Less

Rents, buys, and sells property for clients on commission basis. Solicits real estate services from property owners in order to obtain new listings. Checks property listings to become familiar with properties for sale. Accompanies prospects to property sites, quotes purchase... More

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