Are you considering getting your real estate license? If so, you may be wondering what kinds of jobs in real estate will be available to you in the future. Real estate is a very flexible field. To be sure, contrary to what some people believe, not everyone with a real estate license sells houses. Holding a real estate license makes you a good candidate for many different positions.
Types of Real Estate Jobs
Real Estate Agent
Any list of jobs that you can get with a real estate license should start with the most common one: real estate agent. A real estate agent is a licensed professional who has the skills and legal authority to represent people in real estate transactions. Most real estate agents arrange and negotiate the buying and selling of residential property. Real estate agents may work as a representative of a large company or they may work as an independent broker. For the most part, real estate agents are paid on commission. This means that real estate agent salaries can vary dramatically. For successful real estate agents, the career has the potential to be highly lucrative.
Commercial Real Estate
Some real estate professionals work exclusively in the domain of commercial property. This includes the buying and selling of business space, office buildings, restaurants, retail units, industrial space, and much more. With commercial transactions, there are many unique issues that must be addressed and considered. In general, the job of a commercial real estate agent tends to have a much larger focus on complex financial analysis. If you are great at working with numbers, this may be the perfect job for you.
Are you great at putting a hard value on a piece of property? If so, your calling may be as an appraiser. A professional appraiser will typically hold a real estate license. Essentially, an appraiser is a neutral party that offers an assessment of the value of a specific piece of residential or commercial property.
In recent years, property management has become a fast growing career. More and more Americans are moving into large apartment buildings. These buildings are often managed by real estate companies. In many cases, real estate professionals move over to the management side of the business. This could be a good fit for you.
One of the core skills that separates an average real estate professional from a great real estate professional is the ability to make sales. With a real estate license, a wide range of sales-based careers may be open to you. Often, companies that need sales professionals look for people who have experience handling especially complex, high-value transactions, such as real estate.
Real Estate Marketing
Real estate marketing is another fast growing career. Large brokerage firms often have their own marketing departments. In addition, many marketing agencies have large real estate marketing divisions. Licensed real estate professionals with a talent for marketing are the ideal fit for these positions.
Real Estate Development
A real estate developer oversees the purchase and transformation of a specific piece of residential or commercial property. To become a successful real estate developer, you must have a wide range of skills, including a deep understanding of applicable codes and regulations, a keen business sense, and the ability to sell a project to investors and buyers.
Some people are best at observing and analyzing the deeper trends in the market. Many companies, including large real estate developers and real estate brokers, need market analysts on their team. This job position is best for someone who has research skills. Getting ahead of national and local real estate market trends can be the key to success for companies that are competing within this industry.
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