Real Estate Jobs, Careers & Employment Profiles
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Every real estate job profile informs on how to become one, what they do, type of workloads, education requirements, compensation pay, similar occupations in the real estate field and possible work enviroments with employment in the real estate industry projections.
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Upcoming Lending and Real Estate Job Profiles for the Next Decade.
Evaluating individual loan scenarios, summarizing and recommendation for approval of loan applications for people and businesses.
Working inside commercial banks, credit unions and various lending institutions. Full time job including long hours. Some traveling required.
Loan Officer Requirements
A high school diploma with on the job training. Bachelor degree in finance, business or economics for commercial employment. Mortgage brokers must be licensed in each state.
Annual wage was $57K in 2017.
Expected to increase 14% from now well into 2020. As economy changes with new lending guidelines implemented by states and the federal government the need for more educated and properly trained personel will grow. Expecting a real estate boom by 2017 as first time homebuyers start to appear in the market.
Real Estate Agent
Help people preview buy, sell and rent properties. Broker are licensed to manage their own real estate businesses. Sales agents must work for a broker to be able to transact real estate deals.
Mostly a self employment business coupled with long work hours and irregular schedules.
Real Estate Agent Requirements
State requirements dictate that each real estate broker or agent must be licensed. High school diploma with age requirement to be at least 18 years old and passing of predetermined real estate courses to obtain a state issued license.
Annual wage was $41K mostly earned through commissions.
11% growth from now to 2020. Due to economic developments this will definitely fluctuate but the silver linning is the fact that this type of investing is the American way so the jobs will be there for those who are aggressive and knowledgeable in this business.
Real Estate Appraiser
Value estimators of real estate property with everything built on it before a sale.
A 50/50 split in office work and in the field work. Full time job during regular business hours.
Real Estate Appraiser Requirements
At least an associate degree for basic real estate like residential with a bachelor degree for commercial property valuation and estimation. Also must be licensed by state.
Annual wage was $49K in 2017.
Expected to grow 7% from now to 2020. It looks like the real estate market is undergoing a reevaluation of it's self so this will be a decent occupation to follow. As with it all, the more education and knowledge will be rewarded with steady and better compensation.
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