Different Career Paths For a Real Estate Agent
So you’ve recently got your real estate license, and everything is starting to feel a bit overwhelming. But did you know there’s more than one career path you can take in real estate?
It seems like most people think it’s just selling houses but there is so much more you can do, especially if the idea of working 100% commission based sounds scary.
In this post I want to discuss with you some of the other career options you can choose to do with a real estate license and how to decide which one is the best fit for you!
Here are some options to choose between that don’t require anything more than the license you’ve already worked for! :
Real Estate Assistant
So how do you choose which one is the right one for you?
Well for starters, if you’re leaning towards something that has an hourly pay ON TOP of a commission; leasing consultant/agent or apartment manager are two really great options that you now have the qualifications to apply for. If you’re wanting to dip your toes in sales before starting out as an agent all on your own then working for another agent as an assistant is another way to go. Not only will you learn a lot, depending on the agent who hires you, you can either be making hourly, commission based on their sales, or both!
If the idea of having to find clients or deal with people is not your cup of tea but you like the idea of how much you could be making in sales, Transaction Coordinator could be the perfect position for you. You’ll deal with all the contracts, making sure everything gets signed and overall just making for a smooth transaction on both sides of the sale that’s already been negotiated by the buyer and sellers agents.
If you know for a fact that you want to do sales, well then the next step is to decide what TYPE of sales. There are a lot of areas you can specialize in and the best thing you can do for your business is find your niche, rather than trying to specialize in everything. Choose between residential or commercial, land sales, mobile homes, new development or any other area! There are a lot of different options and depending on the connections you already have you might realize that one is the better route for you.
If you have a knack for marketing, you can be making a lot by offering up those skills to another agent or brokerage. As a marketing specialist your role would be to manage the brand and make sure the brand is seen in any form of marketing you can think of, from social media to online campaigns, to print and more!
If you are someone who prefers to be in charge, then maybe consider a career as a broker, very similar to a sales agent but instead you have people working for you! If you want more passive income, investing or wholesaling could be the way to go, however those may take a bit more startup money than many are willing to pay right off the bat. However many who start a career in real estate and stick with it, eventually end up investing in it at some point along the road anyways because we who are in the industry know how financially beneficial it can be if done properly.
Now that you know more about the options available to you and likely have an idea of which route you’d like to take, it’’s time for your next steps.
In any career, it’s always wise to have a mentor who can show you the ropes and teach you what it takes to be successful at the particular role you’ve chosen. What separates the high achievers from the amateurs is having someone who’s trained to help you and hold you accountable, while pushing you to go above and beyond to always reach your goals. It’s never too soon or too late to get a coach. If you’re ready to take your career to the next level, reach out today and let's get you to where you want to be!