There are many occupations that need a real estate license. And, there are many careers that don’t legally need a real estate license; however, a real estate license is a great asset and makes you much more marketable. (License requirements vary by state)
While being a residential real estate agent is one of the most common career opportunities associated with the real estate industry, it is by no means the only one. The industry has many other jobs you can get with a real estate license. Whether you’re looking for something with more flexibility, more structure, or higher income, you can probably find it within real estate. Be sure to check out Why Do People Choose a Real Estate Career
Career Opportunities in Real Estate
Buyer’s or Seller's Broker
Referral Agent
Property Manager
Commercial Real Estate Agent
Managing Broker
Real Estate Investor
Real Estate Assistant
Foreclosure Specialist
Leasing Consultant
Commercial Leasing Manager
Corporate Real Estate Manager
Buyer’s or Seller's Broker. This is the traditional career that comes to mind when thinking of a real estate license. Working with Buyer's and Sellers, negotiating the best price, and supervising the transaction. You might like: How Much Do Real Estate Agents Make
Referral Agent. Create a referral network and refer buyers and sellers out to other agents locally and across the country for a 20 to 30 percent or more referral fee. Check out: Ways to Make Money with a Real Estate License (without selling a home)
Property Manager. Enjoy a different experience everyday: managing properties from leasing and assisting tenants, to watching over property staff. A property manager makes sure a residential or commercial property runs smoothly and profitably. Depending on the size of the property, many tasks could be outsourced. Then the property manager coordinates them and make sure the property is upkept.
Commercial Real Estate Agent. The day-to-day responsibilities of a commercial real estate agent often includes more research than that of a residential agent. A commercial agent helps businesses, such as retail or restaurants, choose locations that are going to profitable.
Managing Broker. In most states, a Broker can supervise other agents. In Indiana, all agents are Brokers, and the one who can supervise others is a Managing Broker. The Managing Broker has taken further education and is qualified to be on their own or manage a real estate office with multiple agents.
Real Estate Investor. Real estate investing can be very competitive. A real estate license allows an investor to stay ahead of competition and make more money by having all of the information and knowledge.
Real Estate Assistant. Be the backbone of the office assisting top agents list and sell homes. What is it Like to be a Real Estate Assistant?
Foreclosure Specialist. Foreclosures specialist works from their home and works independently and is employed by a bank or private lender. They are responsible for all the issues, documentation and processes that need to be followed when a property is being foreclosed on. Read more: Can You Sell Real Estate Part Time?
Leasing Consultant. A leasing consultant’s job is to make sure the building is full of tenants. This job can require evening and weekend hours, but usually comes with a degree of flexibility. If you enjoy marketing and negotiating this could be a great position for you.
Commercial Leasing Manager. A commercial leasing manager negotiates deals and transactions with businesses.
Corporate Real Estate Manager. Some large companies have real estate holdings that they need an in-house person to manage.
Be sure to check out: How Do You Start a Successful Real Estate Career