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Real Estate Sales Agent

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AVG. SALARY

$55,230

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EDUCATION

Post-secondary training +

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Math

It should come as no surprise that a real estate agent should have good math skills.

"You really have to be well-rounded to be a good agent," says real estate agent Rick Neilson. "The best agents could walk into a construction site, bank or law office and handle any of those jobs."

One of the first things a real estate agent should do when working with a new client is to help the client determine an appropriate price range. Otherwise, a client may be tempted to buy a house they cannot afford.

A lending institution will only issue a mortgage with payments which amount to 33 percent of a borrower's monthly income. Your clients, the Smiths, earn $5,400 per month.

They have $60,000 for a down payment on a home.

Assuming the monthly payment is approximately 1 percent of the total mortgage, what price range should they consider?