The real estate market is very delicate to fluctuations in the economy, and projected employment of real estate brokers and brokers varies accordingly. In durations of economic progress or stability, employment should grow to accommodate folks seeking to purchase houses and business or retail space. Alternatively, in periods of declining economic exercise or rising interest rates, the amount of work for brokers and agents typically slows and employment might decline. Some neighborhood schools and 4-year universities offer courses, degree packages, or certificate programs in real estate. These postsecondary credentials sometimes aren’t required, however many real estate brokers and gross sales agents have a bachelor’s diploma.
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- The New York firm has expanded holdings in Washington, D.C., Chicago and South Florida markets.
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