According to the U.S. Bureau Of Labor Statistics, there will be around 472,000 real estate broker and sales agent jobs in 2020 with a projected growth rate of 7% between 2018 and 2028. That means an additional 3,240 new real estate jobs are expected to be added every year this decade!
Have you ever wondered what real estate jobs are out there besides being a real estate agent? Not sure if you need any experience, education, or even a license?
Have you ever thought about pursuing a career in the real estate industry, but you're worried that you'd have to leave your full time job in order to do so?
The beauty of real estate is that you have a variety of opportunities, whether you work for a real estate business or start your own enterprise.
Lucky for you we have our Ultimate Guide on the top full-time and part-time real estate jobs available in 2020.
Read on and enjoy Top Real Estate Jobs (2020) | The Ultimate Guide! Use this jump menu to skip to the section of your choice:
Real estate jobs include all the businesses, employees, and vendors that help people buy, sell, develop, and rent real property, such as appraisers, brokers, photographers, and general contractors.
Many jobs in real estate provide you with the freedom to work at your own pace with a flexible schedule.
Real estate jobs often allow you to earn an uncapped income based on the goals you set for yourself and of course, the achievement of those goals. If you want to be successful in real estate you must be goal-oriented, self-motivated, persevering, people-oriented, and ambitious.
If you're still learning about the real estate career industry, you must know that this industry is HUGE! There are plenty of entry-level job opportunities besides real estate sales or working for a real estate firm. There are many potential real estate jobs that you might like to pursue.
Check out this informative video explaining 12 different entry-level real estate jobs:
Some of these entry-level real estate jobs require a high school or college diploma and a real estate license. On the other hand, some require little to no formal education such as:
Do you feel like you have an interest in real estate, but are afraid to drop your full time job? In this section, we will provide some of the best part-time real estate jobs to consider!
The business of real estate agents is to help customers by selling or renting property such as a home, office building, land, or other types of real estate.
The minimum you have to do is commit a few hours a week to learn about the industry and the tasks you have to get done. Work with a mentor who can coach and guide you and your business. Also, learn from other service providers such as attorneys, loan officers, and insurance companies that have closed many transactions.
Your first several months as a real estate agent might be tough, but don't give up! You might work weekends, but it can be a very worthwhile career. The following image lists some of the primary activities real estate agents perform.
Do you have a wealth of experience in real estate and would like to make extra money? Become a mentor!
Take the information and experience you have learned throughout the years and coach someone who is new in the industry. Listen to your mentee, allow them to shadow you, and provide compliments when they have shown improvement.
Whether you're an experienced real estate agent, broker, investor, business owner, salesperson, or personal development rockstar - there's usually something you can teach others to improve upon.
Don’t have a real estate license? Not sure if you want to go all-in on real estate yet? Don’t worry! You can still gain knowledge about what it’s like to work as a real estate agent by becoming their assistant.
The tasks for a real estate assistant include administrative work such as helping with showings, paperwork, greeting and answering the phone for customers, as well as scheduling appointments. You'll be expected to use critical thinking, problem-solving, as well as organization skills.
You might wonder who deals with all the excessive paperwork that must get done in every real estate transaction. When real estate agents aren't handling it themselves, they hire specialists who are called transaction coordinators.
Transaction coordinators are a great support system! Referred to as 'TCs' for short, they are hired by real estate sales agents to help with the closing process. A TC is summoned whenever there is a new transaction opened that the agent needs help with.
Transaction coordinators handle all the contract paperwork, disclosures, obtain signatures, and pay attention to critical deadlines. They are also trained to help manage nearly any step of the house selling or buying process. TCs help by making the process go smoother when there are questions regarding paperwork by either side of the transaction.
The job of a real estate attorney is to help a homeowner learn about all the legal matters that are related to a property. They perform title work and prepare the paperwork that is needed at the closing process, however not all states require a real estate attorney.
Although extensive formal education is required to become a real estate attorney, the dollar per hour rate of earnings is higher than most other real estate jobs!
You can also become a property manager. Going that route, you have a few options.
You can work part time for an established company that may provide a set schedule of hours per week. Another option is to start up your own property management business. Simply bring on as many clients as you can handle and grow the business as big as you want!
Check your state's laws, as some states require a broker's license to manage property for others. Here's a short video explaining more about a career in property management:
Did you know you can become a part-time real estate investor and create a lucrative side-hustle? Some of our favorite part-time real estate jobs include house flipping, owning rental property, and wholesaling.
When you think of popular real estate jobs in 2020, you might be thinking of agents, open houses and for sale signs, selling and buying homes. There are so many more things to real estate than just that. Here are a few of the popular real estate jobs you might not know about:
Real estate assistant jobs are plentiful because most successful real estate agents are extremely busy!
Nope! You don't need experience for most real estate assistant jobs. That said, if you want top real estate companies to say 'Join Our Team!' understand that an ideal candidate should possess the following qualities:
Check out online job boards and reach out to real estate brokerages in your area to see if they have any real estate assistant job openings. These resources include the following:
Real estate assistant jobs require email, calendar scheduling, and verbal communication skills.
Real estate development professionals can either work for a company or for themselves. So, what is a real estate development job all about? Check out this short video to learn more about what it means to be a real estate developer:
Here are a few of the best real estate development jobs:
When you take a closer look, the best paying real estate jobs result by starting up your own business and investing in real estate through wholesaling, house flipping, or owning property. You won’t make a lot of money overnight simply by starting a business, you have to put time and commitment in order to make it a success!
If you prefer to work for someone else as an employee, here are some of the best paying jobs in real estate:
Many real estate jobs require a real estate license, some experience, a bachelor’s degree, and more. However, there are a few options and ways you can work in real estate without any experience.
Talk to a broker or a real estate agent about becoming a real estate assistant. Brokers deal with scheduling many appointments, phone calls, organizing paperwork, etc. It makes their lives easier and more productive to have an assistant.
Becoming an assistant requires more short-term training than years of experience in the field. Start by visiting different real estate offices and be prepared for an interview. If they ask why they should choose to have you as a part of their team, then you should have a good answer!
Help people find apartments and facilitate administrative work. Apartment locators help by interviewing potential renters, scheduling appointments for interviews and showing the units, and help with preparing leases.
Another way you can get into real estate without real estate experience is by offering to be a handyman. These people are needed a lot of times when homes need to be remodeled, painted, cleaned, yard work, or repaired.
This would be a unique and amazing way to get into the industry. There are plenty of YouTube videos to show you how to make basic repairs such as painting, installing light fixtures, plumbing work, and more.
Look into home staging. Home staging is when you have a property that you want to accessorize as much as possible and make it appealing to customers. Many home staging companies are willing to hire people as interns, or just hire you and train you from the bottom.
If you are even more interested in real estate and just want to learn how to gain experience and the requirements needed, here's a suggestion. Go to a broker's office located near you and speak to a broker or real estate agent. Visit a real estate school where you can talk to staff and gain more information about entering the industry.
Read more of the Real Estate Skills blog to learn about more of the opportunities out there in the entrepreneurial real estate world.
If you are not sure what best suits you or what will help you best pay your bills, you can always visit the U.S. Bureau of Labor and Statistics website. This site can help you decide what best suits you and your personality as well as give you an average salary based on your career.
There are many websites like Monster.com, LinkedIn, and Indeed where you can find jobs in real estate that require no experience. Some of those jobs vary from assistants to property managers, or even leasing agents.
Try finding the best jobs that catch your attention and require no experience. Read through the job description and find out what specific skill sets are needed in order for you to succeed. Then apply to the ones that best suit you.
With the rise of image sharing on Instagram and listing platforms such as Zillow and Trulia, real estate photography is a desirable segment of the industry to find jobs.
Real estate photography consists of taking digital pictures of a property or building inside and out, captured using special lighting and camera settings. Other services that can be offered are videos and photos taken with a drone or architectural 3D renderings.
Real Estate Photographers capture images of any property and use them mainly for marketing purposes.
You can get real estate photography clients from networking with agents, connecting with brokerages in your area, and running ads online. You can post ads and try the following resources to get photography clients: Upwork, Indeed, Linkedin, Fiverr, Craigslist, Monster.com, Nextdoor.com.
Average salaries in real estate vary by the job, position, and time with the company. Here are the latest figures for average real estate job salaries:
To view more careers and their average salaries click here.
With today’s technology, you can find real estate jobs near you online. Many of these websites will allow you to deepen your job search as well as set up job alerts. Here are the few we recommend you use to look for jobs.
Many of these websites will allow you to deepen your job search as well as set up job alerts.
Networking is also a HUGE way to find a job near you. Surrounding yourself with people who have the same interests as you and building relationships with those people will help in the long run. Going to several real estate offices and asking around will be a huge way to source job opportunities.
Another way you can network is by attending conferences and real estate events where you can engage with people who are successful in doing what you aspire to do.
You can try to volunteer at different organizations that you'd like to work for someday. The willingness to work for free shows you are interested in a possible job with that organization.
Real estate is one of the wealthiest, most abundant industries in the world. Some real estate jobs require many years of experience, whereas others require no experience whatsoever.
Be careful not to venture into real estate with the mentality that since you chose the path with the highest salary, you are going to make that high salary. Realistically, expect not to make any serious money for at least three to six months.
Try making a list with the top 5 career paths you might be interested in. As you do your research, you will boil that list down based on different traits and skillsets to the one you will be the most satisfied with.
One thing you do have to keep in mind is that while real estate in the United States is not easy, anyone who gives it enough time will ultimately become very successful.
We hope Real Estate Jobs: The Ultimate Guide helps you decide on which career path in real estate you would like to take! What's your favorite real estate job? Leave us a note in the comments below!
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