Home sales continue to increase, even as the slower winter home-buying season begins, reports Realtor.com. The growing, changing real estate market offers many different careers for introverts and extroverts alike.
As the economy continues to grow, it is a great time to get back into the real estate sector with one of these 5 up-and-coming jobs.
1. Vacation home realtor
Vacation homes are making a comeback as Americans have more discretionary income to spend and can finance travel. In 2012 alone, vacation home sales rose 10 percent, according to Realtor.org. If you live in a travel hotspot, you may enjoy working in the vacation real estate market. You’ll work with sellers to stage homes, advertise home listings, meet potential buyers, show the home and conclude the deal.
2. Data scientist
As big data continues to grow, fields including real estate need data scientists to perform behind-the-scenes number crunching and analysis. Real estate website Trulia recently launched a data science lab and has a growing stockpile of data sets. As a data scientist, you’ll mine data to get an early lead on trends in the real estate sector. If you’re looking for a skilled, well-paid job that makes use of quantitative skills, you’ll find data science a hot new field.
3. Property manager
The multifamily sector of the real estate market is already quite strong and is expected to continue to thrive, according to the Urban Land Institute. As a property manager, you’ll be responsible for advertising available units, screening tenants, inspecting units before move-in date, collecting and depositing rental payments and keeping apartments in good working order. Unless you have handyman skills, you’re better off hiring a contractor for repairs. The American Apartment Owners Association offers a simple-to-use, comprehensive contractor directory.
4. Commercial bank real estate lender
As the housing and commercial real estate markets continue to grow, more lenders are needed to finance mortgages. Take advantage of this by getting a job in a financial institution. If you have math or accounting talents, you may enjoy this job, which combines hard skills with soft communications skills. Meet with clients, discuss financing options and render decisions that allow realtors, contractors and others to move forward with property development.
5. Commercial real estate sales agent
Another way to join the growing commercial real estate sector is to get a job as a sales agent. If you’re a real people person with an eye for detail, this may be the right job for you. As a commercial real estate agent, you’ll identify and appraise properties to show clients, discuss financial information and property specs with potential buyers, complete all sales-related paperwork, work in tandem with a legal team, analyze and prepare redevelopment plans, help to negotiate deals during the real estate closing, arrange financing and work with commercial real estate lenders to complete the purchase on behalf of your client.
Rob Dawson, the author of this post, is a Real Estate agent and a landlord himself. He is a loving father to his children and keeps encouraging them to build great careers for themselves.