Did you know the real estate industry in the US is worth around $162.8bn?
You might want to join the real estate world so that you can cash in on this massive industry. Yet, if you’re a real estate novice, you may not know how you can break into this industry.
Read on, and you’ll learn more about the different jobs in real estate. If you want to join the world of real estate, this post will help you figure out how you can fit into this industry.
1) Become a Realtor
If you like the idea of working in the real estate industry, one option you might want to consider is working as a realtor.
Working as a realtor is a great option for people that enjoy ‘sales’ roles. Additionally, one of the good things about working as a realtor is that you don’t face a cap on how much you can earn.
That’s because you’re usually paid a base salary, alongside a commission. The amount of commission you earn depends on the number of houses you sell and the value of these houses.
Thus, if you become a really good realtor, you might make a substantial amount of money from commissions.
2) Become a Surveyor
If you want to work in real estate, there’s also the option of becoming a ‘surveyor.’
A surveyor is typically someone that inspects properties to make sure they are fit for purpose.
So they will look at the structural integrity of the property to make sure the building is structurally sound. They might also check for any dangerous substances, such as asbestos.
There are many different kinds of surveyors, and so if you go down this route, there are lots of paths to choose from. For instance, you can become a surveyor for commercial properties, or you can just focus on residential properties.
3) Flip Properties
Aside from everything else we’ve mentioned in this post, there’s also the option of becoming a ‘property flipper.’
A property flipper is essentially someone that buys dilapidated properties, fixes them up, and then sells them for a profit. This path can be very lucrative, and if you go down this route, you might be able to become a ‘real estate tycoon.’
Of course, becoming a real estate tycoon does come with certain downsides, and if you’d like to learn more about these issues, you can read more here.
Which of the Different Jobs in Real Estate Will You Choose?
This post has covered some of the different jobs in real estate, and so you should now understand how you can earn a living in this industry.
If you don’t know which role will be right for you, remember that you can always experiment with different roles. If you adopt a trial and error process, you should eventually find a job in this industry that is perfect for your personality.
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