Have you recently gained your degree in real estate and working out which path to take from here? If so, you’re not alone.
According to recent research by LinkedIn, this is one of the most popular industries for job hunters. With the range of career opportunities available within the real estate world that include property management and more, it’s easy to see why it’s become such a desirable area to work in.
If you’re just starting out on your real estate career journey, here’s a look at some key areas that you might want to specialise in.
This is probably one of the most straightforward leaps after getting your qualification. The real estate degree is geared towards property and asset management and you’ll have the basics covered already.
As a property manager, you’ll oversee the investment property belonging to your client. This will cover everything from handling the finances to taking care of any maintenance.
You might decide to become an acquisitions manager who arranges the buying of any real estate, as well as the purchase of any properties. This role involves sourcing the properties that are for sale and negotiating with the sellers before reaching a deal. Once a price is agreed, you’d then have the contracts drawn up and signed.
There are many different types of surveyor, and if you wanted to pursue a career in real estate that focuses on this, you’d need to take some time to decide how you’d like to specialise.
For example, a commercial/ residential surveyor’s responsibilities include taking accurate measurements, valuing properties and taking ownership of property portfolios that cover several buildings at once. Building surveyors, on the other hand, have to make sure that the building and completion of a property is running on time, provide advice on health and safety, and handle planning applications.
Take some time to research the different surveyor roles to find out which might be the best fit for you.
Being an estate agent doesn’t require a real estate degree, however, it’s a profession in which it would come in useful. Whether you’re selling commercial or residential properties, your knowledge is heavily relied upon in order to get a sale.
It’s also a job role that depends on your knowledge of the property market as a whole. Understanding why some areas are more popular than others and being able to spot up-and-coming locations can give you an advantage when talking to prospective buyers.
Which path will you take in real estate? Are there any roles that particularly interest you?