Real estate is a continuously booming industry where you can have a long and fruitful career. People who want a worthwhile job that could give them financial freedom, personal fulfillment, and a flexible schedule should consider this profession. This article will enumerate some of the real estate careers you can explore and what kind of work you should expect.
Residential Real Estate Agents and Brokers
If you want to assist people in buying and selling homes, a job as a residential real estate agent would be the right choice for you. This job involves showing buyers properties and helping them with other concerns, such as property valuation, finding the ideal mortgage, financing, and government programs. Overall, they can provide guidance and assist in purchasing the property for the right price and under the best terms.
These professionals gauge the clients' needs and financial abilities and continuously perform comparative market analysis to provide their clients with the most suitable options. The job necessitates special licenses and permits, depending on which state they plan to conduct their business and what kind of business they want to pursue.
Commercial Real Estate Agents and Brokers
This job is similar to the residential real estate agents, except that they focus on income-producing properties instead of homes. Their focus is to help clients find the wisest locations for their investments. Their job includes evaluating the property's income potential while educating their client about local zoning and tax laws.
The license needed for commercial transactions also depends on the state. Some require a specialized license for commercial transactions, while other states' real estate licenses already cover both residential and commercial transactions.
Property Manager
If selling is not your forte, you can always explore property management. This career is focused on ensuring that the property of owners is well-maintained and well-managed. There are also two categories under this department. You can choose to work for residential properties or commercial properties.
Residential properties include taking care of apartment buildings, condominiums, townhouses, vacation rentals, and the likes. On the other hand, commercial properties refer to office buildings, shopping centers, retail stores, and so on.
Management of these properties includes:
Keeping them in good condition at all times
Collecting rents of tenants
Listing vacant properties
Negotiating leases with tenants
Real Estate Appraiser
A real estate appraiser helps property buyers assess the value of a property. They estimate the worth of the land or the buildings on that land before it officially gets sold, mortgaged, taxed, developed, or insured. It is a job that is strong in demand and also gives people flexibility in their work schedule. If you have aptitude for Math and other technical aspects of real estate, this would be good work for you.
If you choose this career, you will most likely work in a bank or an appraising firm. You also need to secure a state license before you get to work.
Conclusion
These are only some of the careers you can explore within the industry, and you would find many more others. You can also consider working on urban planning, research, investment, land development, and construction—to name a few. As we have mentioned repeatedly, working in real estate is an excellent opportunity that will give you good pay, flexibility in schedule, and the chance to work with different kinds of people.
Want to jumpstart your real estate career but do not know how to start? If so, contact us at Smith Street Homes. We have real estate jobs waiting for you. If you are self-motivated, willing to learn, and eager to grow, we are looking for you. Send your resume and letter of interest to smithstreetadmin@smithsteethomes.com.