Types of Careers in Real Estate
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The real estate profession has expanded and offers one of
the widest career selections in the business world today. Helping people buy
and sell homes, office buildings, industrial property and corporation
farmland, property management, land development, mortgage banking, urban
planning, real estate counseling, appraisal and research are all aspects of
a career in real estate.
The "voice for real estate" and the industry's national professional
organization is the National Association of Realtors. Visit their website (www.realtor.org)
for valuable information about the real estate industry. |
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Careers in Residential Brokerage Helping people buy and sell homes, is one of the most important and basic services a real estate agent performs. Agents are experts in the process of buying and selling property, financing and government programs. The real estate agent's expertise facilitates the transaction, saving clients time, trouble and money. |
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Careers in Commercial Brokerage Commercial brokers specialize in income-producing properties, such as apartments, office buildings, retail stores, warehouses, shopping centers and industrial parks. To understand and explain why the properties are good investments, commercial brokers need to be aware of the growth possibilities of the area where the property is located, current income tax regulations and purchasing arrangements that give the buyer a greater return on investment. Commercial brokers may also help arrange financing. The Commercial Investment Real Estate Institute web site is at www.ccim.com. |
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Careers in Industrial and Office Brokerage Industrial and office brokers specialize in developing, selling or leasing property used for industry or manufacturing. Brokers need to understand different types of industries and determine such variables as transportation, proximity to raw materials, water, power, labor availability and local building, zoning and tax laws. The Society of Industrial and Office Realtors web site is at www.sior.com. |
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Careers in Property Management The property manager's primary function is to maintain a property in order to produce the highest possible financial return over the longest period of time. More importantly, the property manager is responsible for protecting the owner's investment. Managed commercial properties are likely to be office buildings and shopping centers. Residential properties might be apartments, condominiums and groups of homes. Property managers usually work for real estate firms. The web site for The Institute of Real Estate Management is at www.irem.org. |
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Careers in Land Development Land development is one of the most important and challenging specialties in real estate today. Developers turn land into profitable, marketable developments - residential, commercial or industrial. Site selection is the first decision. Planning and layout is handled only after the developer determines the need for a project. Before the actual building can begin, developers must first analyze all costs and arrange the financing. Then, they contract for the physical structures and supervise construction. Finally, developers help promote the finished project. |
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Careers in Farm and Land Development Land brokers deal in land for farming, residential, commercial and industrial expansion. Success depends on how accurately the income potential of the property can be established. Brokers need a good working knowledge of various factors which determines the land's capacity to produce, including agricultural knowledge, market centers and transportation facilities. The Realtors Land Institute's web site is at www.rliland.com. |
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Careers in Real Estate Appraising Real estate appraisers determine the value of properties. This information is used for tax, investment, rental and insurance purposes. Successful appraisers have practical experience, technical education, good judgement and some knowledge of mathematics, accounting and economics. The appraisal section of NAR's web site is at www.narappraisalsource.com. |
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Careers in Urban Planning Urban planners work with local governments and other civic groups to anticipate their city's future growth. They propose physical changes to accommodate this growth. Some colleges are now offering degrees in urban planning. The Urban Land Institute's web site: www.uli.org. |
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Careers in Real Estate Counseling Real estate counselors are in
the business of giving advice about property. They are the experts others
seek when they want answers to real estate questions. Counselors must know
every phase of the real estate business because they use that knowledge in
nearly every consultation. Often they will be asked about income
opportunities and productive uses of different kinds of properties. While accumulating experience in
other real estate specialties, people planning to become real estate
counselors also continue to study in continuing education programs in
financial management. The Counselors of Real Estate web site: |
Start Your Career in Real Estate Today Real estate is a rewarding career, offering flexibility, freedom and the opportunity to build a secure future for yourself and also help shape the future of your community. Equity Real Estate, if not the largest it is one of the largest real estate Property management / Homeowner Property Management company, with a highly productive Sales Team in The Bryan/College Station Area, wants you to join our team. |
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