40-hour Vermont Prelicense Course

As one of the largest sectors of the U.S. economy, the real estate industry influences the national, state, and local economies, provides millions of Americans with jobs, and results in hundreds of billions of dollars of economic activity each year. This huge segment of the economy offers a variety of employment opportunities from construction and home improvement through residential sales, property management, and finance.
How does the sale of a home affect the local economy? Each home sale acts as an economic multiplier. In addition to the money and commissions earned because of the sale, new homeowners may have additional expenditures for remodeling, appliances, services, and furnishings. The employees of these companies, in turn, spend their incomes, thereby expanding the economy. A thriving community attracts businesses, investments, and new residents who, in turn, spend money and expand the economy—a process referred to as an economic multiplier.
Source of Economic Contributions
• Home construction
• Real estate brokerage
• Mortgage lending
• Title insurance
• Rentals and leases
• Home appraisal
• Moving truck service
• Other related activities
You have made a good decision to become a part of this vibrant industry. As a real estate licensee working in a brokerage, you will be in a unique position to help people with their real estate transactions because you have knowledge and experience that most buyers and sellers do not possess. Homeowners will depend on you to guide them through the complexities of buying or selling a home.
A career in real estate sales is rewarding. It offers the opportunity to build a secure future for yourself and to help shape the future of your community.