Thursday, May 14, 2020
3 Top Real Estate Careers to Watch in 2019 CareerMetis.com
3 Top Real Estate Careers to Watch in 2019 When you first think of the real estate industry, itâs easy to imagine jet-setting around the country, showing fancy homes, and planning open houses. Itâs no longer a secret that real estate is one of the most dynamic, challenging, and rewarding careers out there.But, did you know that thereâs even more lucrative careers in real estate beyond being a real estate agent? This exciting industry boasts some of the hottest jobs â"with some of the greatest job security â"on the rise today.1) AppraiserJob: evalevalAn appraiser is one of the key players in any real estate transaction. This type of specialist is often needed for real estate rentals, sales, and taxes and applying for mortgages. Using guidelines concerning the exterior condition, interior condition, safety, and amenities of properties, appraisers objectively assign value to a home or property.Appraisers also use knowledge of the surrounding area and homes to make comparisons and determine a fair listing price for the ho use. A fair listing price ensures that the amenities, location and condition of the home are taken into account in relation to other homes in the area.For example, if a house has a brand new, remodeled kitchen, it may be fair to price that house slightly higher than a similar house with an older kitchen. As an appraiser, you will work with homebuyers and agents but are likely to be hired directly by a mortgage lender.Many appraisers start their own freelance businesses to work with a diverse selection of clients, charging by the appraisal depending on how complex and time-consuming the task is.Benefits: Demand for appraisers is expected to skyrocket in the coming years. About half the population of appraisers is between the ages of 56-60, nearing retirement. This will open up the marker for a new generation in this field. In addition, technology makes it increasingly easy for appraisers to access information about properties, allowing them to work more efficiently and accurately.App raisers can find employment in a number of avenues â"directly with a mortgage company, through a bank, or even freelance.The median salary for an appraiser is around $54,000 per year, with high growth potential depending on continued education and experience.Skills: evalAppraisers need critical thinking skills, as well as excellent verbal and written communication skills. Being confident working with numbers doesnât hurt, either!Become an Appraiser:Each state has their own qualificationsfor becoming an appraiser. Although no college degree is required, course work in market analysis, site valuation, and sales comparisons is needed to ultimately become certified.After coursework is completed, prospective appraisers will start as a traineebefore finding a supervisory appraiser who can monitor your work for about six months and 1,000 hours. Once you have completed your course work and training hours, you will take the Licensed Residential Examto achieve certification.2) Property Man agerJob: evalThe property manager works as support to building or home owners. This jack-of-all-trades handles marketing, finances Responsibilities of a property manager can range from finding new tenants, drafting leases, fixing small problems within the building Developers work in the more practical side of real estate. These logistical masterminds find and secure plots of land, then plan and build residential or commercial buildings.With experience, developers often specialize in a certain type of land or real estate Become a Real Estate Developer:Never fear, career-changers! Many companies require that developer hold a bachelorâs degree, yet are not specific about subject field. Many successful developers start by getting their real estate license, which allows you to gain skills in the field without prior experience.Gaining certification is not always required, but will help set you apart from other applicants, especially at the start of a new career. Consider the Realtors La nd Institute Accredited Land Consultant (ALC), which does require an active real estate license.Networking is also one of the most important aspects of becoming a real estate developer. Make contacts at big development firms and attend networking events. Check out professional organizations, like NAIOP Commercial Real Estate Development Associationfor opportunities to meet other people in the field.Moving Forward With Your Real Estate CareerWhen youâre looking to break into the field of real estate, think beyond just sales. There are plenty of interesting careers (for career changers, too!) with diverse pathways to get there. Whether you have an entrepreneurial spirit or love working with people, real estate is one of the most reliable and exciting fields to explore.
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