Main job and career types in the Real estate industry

  • Real Estate Agent (Realtor)
  • Real Estate Broker
  • Real Estate Property Manager
  • Leasing Agent
  • Real Estate Attorney
  • Real Estate Transaction Coordinator
  • Real Estate Assistants
  • Showing Assistant
  • Real Estate Financial Analyst and Consultant
  • Real Estate Investor or Entrepreneur
  • Real Estate Marketing Specialist
  • Real Estate Developer
  • Real Estate Appraiser
  • Real Estate Escrow Officer
  • Real Estate Inspector
  • Real Estate Loan Officer
  • Real Estate Photographer
  • Home Stager

Real Estate Agent (Realtor)

The job of a real estate salesperson is to assist the buyers and sellers to buy or sell a property. They serve as a platform through which buyers and sellers can coordinate with one another and reach an agreement. They make the process smooth. Sales agents s are of two types: residential real estate salesperson (who deals with residential properties), and commercial real estate salesperson (who deals in the commercial sector).

Real Estate Broker

A real estate broker is responsible for negotiations between buyer and seller parties and for arranging real estate transactions. They own a real estate broker license. They can work independently, or they can start their own brokerage firm. They hire estate agents or real estate salespersons to show the clients around new properties or get the client’s property listed for sale.

Real Estate Property Manager

A real estate property manager is responsible to take care of the property, both financially and physically as well as the tenants. A property manager should have firm knowledge regarding the rental properties of the area. It is the responsibility of a property manager to set appropriate rent rates based on the gathered information. He would also be required to provide regular financial reports to the homeowner. They should e able to understand financial statements, income taxes, profit and loss, and budgeting.

Leasing Agent

A leasing agent is usually the first person to come in contact with potential tenants. They help homeowners to find tenants. They have to ensure that the property stays occupied at all times. Moreover, they run a verification check on potential tenants to make sure they have a clear track record. It is also the responsibility of leasing agents to prepare and execute marketing strategies that would attract potential renters. Leasing agents stay in coordination with the tenants as well. They ensure that the moving-in process goes smoothly and the time they spend living in the property is free of hassle and inconvenience. Since the job of a leasing agent involves a lot of face-to-face communication with clients and tenants, they need to have exceptional interpersonal skills.

Real Estate Attorney

Real estate attorneys complete the legal work necessary to execute a real estate transaction. While not required to complete a transaction, it’s a good idea for buyers hire an attorney to complete the transaction (called a conveyance). The attorney will check the title, review contracts and documents, and review the surveyor drawings to ensure buyers are getting what they intend to buy.

Real Estate Transaction Coordinator

Real estate transaction coordinator serves as a liaison between the client, real estate agent, escrow company, and mortgage brokers. They are hired by the real estate agents to overlook the transaction process. They manage administrative tasks efficiently. They make sure that all documentation has been completed and signed. Once done, they hand over all the completed files to the broker who finalizes and completes the transaction. They also send reminders to the real estate agent to follow-up with the former client 30 days after the deal was closed. If their client was a seller, they are also responsible to remove the property from the listing after it has been sold. They also maintain a record of client details in the client database.

Real Estate Assistants

Real estate assistant are essential for any real estate. They are important for the growth of the real estate business. They look after the administrative tasks that are to be done and allow the broker and agent to focus on finding new clients and marketing. They are responsible to do all the documentation, paperwork, taking phone calls, and everything that offers help and assistance to the broker and agent. They can help the broker and agent in preparing legal documents and also assist the clients over the phone regarding any queries they may have about any documents.

Showing Assistant

They present the house to clients and tell them all about it. If a showing assistant has a license, he can discuss pricing and even conduct a sale. However, if they are not licensed holders, they can’t do either of the two tasks. They schedule and make plans of showing around properties. The coordinate with the seller as to when would it be suitable to show the buyer their house and plan accordingly. They are more like the middlemen between buyer and real estate agent.

Real Estate Financial Analyst and Consultant

Real estate financial analyst and consultant is an asset to any real estate company. They carry out research and analysis on market trends. They give predictions about the future of the market. Based on these predictions, companies make investments and sales. Real estate analyst provides valuable information and opinions about investment decisions.

Real Estate Investor or Entrepreneur

Professionals buy land and property and then sell them for a higher price. If the investors have a high capital in hand, they can spend some of it on improving the property which would automatically increase the market value. The key to making money in real estate is to purchase the land and property that people would want to buy. Anything property that people wouldn’t want to buy is not an investment, but a loss.

Real Estate Marketing Specialist

A real estate marketing specialist handles the marketing for a real estate agency. They are responsible to make marketing content, manage social media, develop printed materials, create digital content, prepare campaign emails, and manage the brand as a whole. The market value of any company is based on how well the brand is marketed. Therefore, the job of a real estate marketing specialist is a tough one.

Real Estate Developer

A real estate developer develops real estate. They purchase lands, at prime locations or in neglected areas and construct apartment complexes, four-bedroom houses for families or work on commercial property and office buildings. They are always involved in developmental work. They also purchase old properties and revamp them. They have to work with the architects, planners, and contractors to bring their idea to life. Once the construction work is complete, they put the newly constructed property up for sale or lease.

Real Estate Escrow Officer

The requirements to become a real estate escrow officer are extremely rigid. They are the professionals who close the transaction deals. They serve a neutral party in the closing process. In order to be a real estate escrow office, you need to have an apprentice in the field, should be a licensed professional, and also have training in escrow. It is also important that you know how to handle money on a large scale.

Real Estate Appraiser

A real estate appraiser is someone who estimates the value of the property before the property is sold, taxed, mortgaged, or insured. They evaluate the condition of the property, the location where it is situated, and the competitive prices of property in that area. Based on their analysis, they estimate the worth of the property. However, if you wish to be a real estate appraiser, you will need an appraiser’s license. Some appraisers focus on commercial properties, some appraise only residential and then some do both.

Real Estate Escrow Officer

The requirements to become a real estate escrow officer are extremely rigid. They are the professionals who close the transaction deals. They serve a neutral party in the closing process. In order to be a real estate escrow office, you need to have an apprentice in the field, should be a licensed professional, and also have training in escrow. It is also important that you know how to handle money on a large scale.

Real Estate Inspector

While purchasing property, some faults or blemishes may go unseen. This may cause problems for the buyer, seller, and the agent in the future. The inspection of any real estate is essential in the process of buying and selling a property. Before a deal is signed, a real estate or home inspector inspects the property thoroughly and points out the faults. One has to have adequate training to become a real estate inspector because this job requires one to know every aspect of the property, starting form roofing till electricity.

Real Estate Loan Officer

In order to become a real estate loan officer, you need to have significant knowledge about finance, loans, and real estate. Their job is to help the buyer get a loan for their purchase. They manage the budget for the buyer and offer their full support to get a loan sanctioned. You need to be registered and should meet the qualifications that are needed to become a real estate loan officer. Other real estate jobs that do not require you to have a license include real estate lawyers, real estate attorneys, and real estate title officers.

Real Estate Photographer

If you love real estate and have a penchant for photography, you can take photos of houses for realtors and brokers. While many brokers and realtors take their own photos, smart agents will hire a professional photographer because photos really do make a difference.

Photos get people in the door and to open houses. It’s one of the most important marketing tools. Given the fact real estate commissions can be sizeable, realtors who sell higher end homes usually designate a marketing budget to each home and often includes paying a professional photographer.

Home Stager

Home stagers, like photographers, are more and more in demand because smart realtors understand first impressions are everything. Given most people seek out real estate listings online, the first thing prospective buyers see are the photos.

Even if the photos are taken by a pro, if the house is messy, cluttered or simply not appealing, chances are fewer people will be interested. Home stagers must have a very good eye for design and decor and be able to stage an entire house quickly at low cost. The best home stagers have arrangements with furniture and home decor stores to rent everything needed to make a home look great inside a few days.