Nearly all of us dream of having a place to call our own and almost every business needs a physical location. That is why real estate, land and the natural resources and physical building on or below them are bought, sold, rented, leased, assessed, developed and managed everyday.
For example:
According to the U.S. Census Bureau News and the U.S. Department of Housing and Urban Development, an estimated 428,000 new homes were sold in 2008 (http://www.census.gov/const/newressales_200812.pdf); new home sales make up a very small percent of all real estate transactions. When a property is sold, or rented and a loan is taken out on a property, several different professionals have to be involved in the transaction.
Traditionally, real estate has been one of the strongest industries in our economy, even during weak economic times. When we buy, sell and rent real estate, there are several different tasks that must be done to successfully complete a transaction. Consequently, whatever your interest and skill set, a real estate career may be right for you.
Here are a few opportunities along with a brief description:
Real Estate Broker/Agent
Acting as intermediaries in the sale, purchase or rent/lease of residential and commercial properties (office buildings, hotels, apartments and retail space), brokers and agents bring buyers and sellers or renters together. They negotiate deals and act as consultants on behalf of their client; they are generally paid a commission by the property owner/seller.
Real Estate Appraisers
Skilled at estimating the value of property, appraisers ensure that buyers do not overpay and lenders don’t over lend for a property. They establish a property’s market value based on several different criteria including – location, condition, features, recent sales near the property and property type. Appraisers study, complete coursework, and work as interns so they can get familiar with their areas market; upon completion they are licensed by the state.
Property Managers
Charged with maintaining and increasing the value of the owner’s real estate investment, property managers handle the day-to-day needs of the property, including:
- Marketing vacant space
- Collecting rents
- Negotiating contracts
- Maintenance of the property
Investment professionals and lenders
Focused on the financial aspects of real estate transactions, investment professionals review and examine proposed investments for their employers. With the information provided by the investment professionals, an employer can forecast how lucrative a perspective property can be.
So if you are looking for a promising career that can offer stability and a decent income, consider pursuing a career in real estate. You never know, you may help make a family’s dream come true.
See more:
Real Estate Brokers
Appraisal Institute
NARPM®
MBA
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It’s true, no matter what the economy is people will always need a place to live. With every house I’ve ever sold, the biggest satisfaction still remains that I helped somebody achieve their dream.
Chelle@Real Estate Marketing´s last blog ..15 Real Estate Wordpress Themes: There’s no Excuse for an Ugly Blog
To do a choice i would go with real Estate Appraisers, who have the knowledge about properties,market value,recently sold or bought properties adjacent to the property.But again the market value can not be quoted as we don’t have a free market.The market value depends upon several factors,like the economic situation,the location etc.
Real estate careers can be very fruitful, but I think far too often people get into real estate to make a fast buck. They don’t realize the amount of time, dedication, and money it takes to build a successful real estate career.
If you want to start a new career in real estate today, you are very brave. The good thing about starting a career today is the hard work it’s going to take to get homes sold, but when the market comes back, you will already be in the mix.
Every career must have a full effort to succeed. The only thing is discipline and hard for the work.
Chris´s last blog ..Ladies Electric Razor
New career – Maybe in U.S. but not in Europe. In my area Malaga on Costa del Sol Spain was it 27.000 Real Estate Broker/Agent 2004. Today are we around 5.000 Real Estate Broker/Agent. And the situation is the same said colleagues in England, Germany and Scandinavian.
A lot of people seem to “fall back” on real estate as a career. In fact, there is nothing easy about most real estate careers. It takes a lot of training and commitment to be in the industry, and people definitely shouldn’t think of it as a lucrative cake walk.
San Diego Homes´s last blog ..Rancho Penasquitos Canyon Homes
Ive been working as an estate agent since I was 13 (photocopier boy) now working as a sales manager and agree with a previous comment, there is nothing more satisfying as finding and matching people to houses, helping them get the sale and have a new base for their life.
Its a stressful stressful job, some nights I just want to quit! – after a warm soak in the bath all becomes well again
Real estate is definitely not for everyone. If you are the type of person that needs to see returns directly on all your time spent in an activity I would strongly advise you to pass up on a real estate career.
Tim@Spokane Jobs´s last blog ..[full-time] Computer Technician Needed (Sandpoint Idaho) at
Real estate field may be get up and down in the terms of money, but the point is people should stay in some place, need home to stay, all people need tostay somewhere probably a place called home, my achievement in my life is i gave good suggestions and good places to people to live.
john@Milan Hotels´s last blog ..Joomla! Security Strike Team
Real state business is an evergreen business, but, it has also been affected badly due to the global recession period going on. But, one can choose this as a career if he is good in finance.
john@find a life coach´s last blog ..CNN- 10 Tips for Getting a Pay Raise in a Recession