There is a substantial amount of marketing, negotiating and customer service involved. They help with a range of tasks, including viewings of properties, lease terms, applications and lease renewals. In leasing, the job is essentially to match tenants to their perfect building. The names are used interchangeably but could serve their clients differently depending on where they work. Working in the leasing segment of the industry could mean being a leasing agent or consultant. This role also entails reducing expenditures, finding sources of revenue and mitigating liabilities and risks. A majority of the role is doing market research, data analysis and revenue forecasting. Asset ManagerĪsset managers work to maximize a property's value and investment returns. A significant component of this role is using Excel and ARGUS models to analyze investments, requiring advanced real estate education. They use sophisticated models to evaluate new opportunities, conduct market research, negotiate and present this information to investment committees, among other tasks. Acquisitions AnalystĪcquisitions analysts are responsible for analyzing new potential investments for real estate firms. To become a property manager, you also need a license - all great reasons to pursue a graduate education. Whatever is needed to make sure your property runs smoothly, your customers are happy, and the property is making money.īusiness knowledge and interpersonal skills are valuable to anyone pursuing this route. The tasks for a property manager can vary greatly: selecting tenants, negotiating leases, listing properties, collecting rent, scheduling maintenance or managing finances. Property ManagerĪnother accessible career path is property management. Consultants are in high demand because of the amount of information they provide. Consultants provide research and analysis to their clients, educating them on the current market and trends. You will need to have extensive knowledge of all things that involve the purchase or sale of a property. It seems simple, but the amount of knowledge needed to complete the task is more than enough to entice someone to seek out a graduate-level education. Their job is to provide people or businesses with advice on real estate purchases. Real Estate ConsultantĪnother career path is that of a real estate consultant. You'll need to know how the value of a property is affected by its location and characteristics, and compare them to the other similar properties.Īside from the licensing exam, having a strong educational background and industry knowledge is vital for your day-to-day tasks. They appraise homes before they're sold or mortgaged, or assess their worth for tax purposes. Real Estate AppraiserĪppraisers are licensed professionals who determine a property's value. A formal business education comes in handy if you're seeking to open up your brokerage or hoping to manage a group of agents. The advantages of a career as a broker is the autonomy to work for yourself or hire agents to work for you. Therefore, they're considered highly-skilled and qualified professionals in their field. Commonly mistaken for real estate agents because of their similar tasks, brokers require more education and a higher-level license. Real Estate BrokerĪnother typical real estate career is that of a real estate broker. Agents help buy or sell properties, which means they need to have excellent customer service, networking and marketing skills. Residential and commercial real estate agents are common paths to pursue. Real Estate AgentĪ career as a real estate agent is naturally the first one that pops into everyone's mind when they think about working in this industry. They can vary in position titles, but show how you can work in different capacities within the industry. Many of the roles listed below work for both residential and commercial transactions. have more flexibility or more structure,.The variety of options in the real estate industry enables you to mold your career to your choosing.
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