Once you’re properly licensed, real estate careers abound. With a real estate agent or broker license, you can buy and sell residential properties, of course, but you can also do much more. If you’re wondering what to do with a real estate license, look no further. We’ve rounded up some of the top jobs you can get with a real estate license.
For help exploring jobs in the real estate field and understanding jobs around the real estate industry, read on.
Let’s get the obvious out of the way first. When people think of a real estate agent, they usually think of someone who helps individuals and families buy or sell their residences. Working as a residential real estate agent presents lots of opportunities since people move all of the time, whether it’s across town or to a new state.
Residential properties aren’t your only option. As a licensed agent, you can also deal with commercial real estate transactions. Commercial real estate consists of properties for business use. This could be anything from a small office to a large-scale industrial facility.
Generally, the commercial real estate cycle is slower, meaning you’ll help with the purchase or sale of fewer properties. But these properties are usually worth more money, so commercial agents commonly earn more than their residential peers.
Real estate careers aren’t confined to helping with buying and selling transactions. As a property manager, you essentially act as the liaison between the owner of a property and their tenants. That means handling everything from making sure the tenants pay rent on time to overseeing repairs should something break at the rental.
You’ll need strong communication and organizational skills in this role. Like most jobs in the real estate field, the amount you’ll earn in this role depends on how much you take on. Managing larger properties and/or more properties will help you land a bigger payday.
Still, wondering what to do with a real estate license? Understanding jobs around the real estate industry can help. If, for example, you want to help people find their dream home but working as a residential real estate agent doesn’t appeal to you, consider working as a leasing agent.
In this role, you help individuals find the right rental property for them.
As far as jobs you can get with a real estate license, this one’s pretty similar to the traditional real estate model. But instead of interacting with a buyer and seller, you interact with a property owner and potential tenants.
These tenants could be individuals or families (residential leasing agent) or businesses (commercial leasing agent).
With a real estate salesperson license, you do face some limitations. You’ll always need to work under a licensed broker. If you’re itching to set out on your own, consider getting a real estate broker license.
Generally, this will require a bit more pre-license education and you might need to take an additional exam. But with your broker license, you can work for yourself and even found your own brokerage.
Clearly, a salesperson or broker license lends itself to quite a few real estate careers. Explore the jobs you can get with a real estate license to find the right career path for you.