Real Estate Job Options You’ve Never Considered
Although working as a residential real estate agent in Waterloo is one of the most popular careers in the sector, it is by no means the only one. Indeed, buying and selling homes is a key part of the high-profile career options in real estate. Yet, the field is broad and offers a variety of positions for those with real estate licenses. You’re likely to be able to find the career opportunity you want in real estate, whether you’re looking for something with more flexibility, more structure, higher stakes, or lower stakes.
Possibilities for a Real Estate Career
Are you interested in what a real estate license can do for you? We have compiled a list of potential careers that you can pursue with a real estate license. These are demanding chances that could also lead to lucrative new employment for you.
1. Managing broker
Although the terms “real estate broker” and “real estate agent” are frequently used colloquially, they are not the same. A broker is a registered real estate professional who has completed additional education and is competent to oversee a real estate office with numerous agents. This is how a broker differs from an agent. If you’re in the process of becoming an agent and want to know how your career could develop further, you might want to consider a job as a real estate broker. It’s one of the careers on our list that needs a real estate license, though not all of the jobs we’ve mentioned here do.
2. Agent for commercial real estate
Residential real estate agents come to mind when you mention the real estate business. After all, the majority of real estate reality TV shows focus on it, and tabloid covers rarely feature photos of whatever celebrity has recently leased an office space. But, commercial construction can be just as satisfying as residential building and, in some circumstances, may even better fit your preferences and strengths.
3. Real estate investor
Real estate investing can be done in one of two ways: actively or passively. An active investor can be compared to a traditional “home flipper.” The labour of another investor or contractor who is purchasing a property for resale would be supported by this individual who would acquire and sell residential homes. A passive investor is a person who invests money in real estate without actively managing the project on a daily basis. Crowdfunded real estate investing allows you to invest even if you have a small amount of capital.
4. An appraiser for houses
A home appraiser is a person who gathers data on a residential property in order to make an assessment of its value. Appraisers can operate privately, such as when valuing your property before selling or financing it, or for the government, such as when valuing your home for tax purposes.
5. A business appraiser
Like a residential appraiser, a commercial appraiser divides their day between working in the office and inspecting properties in the neighborhood. A commercial appraiser relies primarily on existing appraisers to teach them how to evaluate the value of a property, whereas a residential appraiser may rely more heavily on what they learned during their licensure training. You must obtain a license for both fields.