Tuesday, December 11, 2012

Different Real Estate Careers That You Might Be Interested In

When people talk about real estate, most of us usually think of only two jobs – being a real estate agent or a broker. Although these two are very common in the realty industry, there are also other lucrative real estate careers that you may find interesting.

Property management – Working as a property manager means you’re responsible for the maintenance and supervision of an actual building or physical property. You have two main categories when working as a property manager. You could choose from commercial and residential. Residential managers are held responsible for taking care of tenant matters such as applications and rent payment. They should also take care of property management tasks such as renovations, projects and maintenance. Commercial managers on the other hand, are more business-related because they have a fixed budget and a staff to handle. They also focus more on maintaining the commercial building and service standards are set a little higher.

Leasing – We usually have leasing brokers and agents working in this department. Leasing brokers may specialize in office or retail property. They represent both parties and help manage all transactions when leasing or renting. Leasing agents usually work for landlords and commercial buildings to find tenants for vacant spaces.

Property sales – Here’s where sales agents and brokers come in. This is one of the most common and lucrative departments within the real estate industry. Because most home owners and prospective buyers usually hire the services of these professionals to either buy or sell properties, most of us are pretty much familiar with real estate agents and brokers.

Appraisal – Property appraisers work hand-in-hand with sales agents. They are responsible for putting a value on a certain property. Most of us may not know it, but appraisers have a very crucial role in determining the real estate market trends and balance.

Lending – This department is usually connected to a bank or a lending company but they focus more on lending financial support to real estate investments. You have loan officers which assess property loan applications on and some banks even have their own appraisers.  

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