Residential real estate jobs deal with the buying, selling, renting, leasing, and management of homes. These agents and managers do not handle investments in commercial property such as storefronts, industrial complexes or large-scale apartments and buildings. Residential sales agents help in the sale of real estate usually within the county or surrounding counties. They must stay up to date on the market trends and industry changes as they happen so that they can provide service to their customers or clients.
Real Estate Agent Jobs
The real estate agent jobs are those jobs designed to help individuals and investors to buy and sell real estate, specifically private homes, multifamily homes, condominiums, and sometimes apartments. The agent must know the industry and the market well. They will help a homeowner to sell the home through marketing it both on and offline. They provide the individuals with the necessary legal tools to handle the transaction. Most real estate agents work under a broker, where the broker will handle the legal aspects of the transaction.
The real estate agent jobs also work for those who are buying a piece of property or a home. They help to locate potential homes, help to find properties that meet the client's needs, handle negotiations on the sale of the property, oversee inspections, and insure that the property legally changes hands.
Most real estate agents work with their buyers or sellers from the time that the property is put onto the market for sale until the property is sold and the keys change hands. Their work is quite intense and requires a great deal of people skills and knowledge about the industry.
To obtain this type of job, individuals should have taken real estate training courses. In most states, real estate agents will be required to take a specific amount of educational courses and then sit for a licensing test. They often have to get additional learning throughout their time serving as an agent. In some states, all real estate agents must be sponsored under a broker. Real estate agents can also get additional training to become a licensed broker. The educational process can take a year or less to complete.
Real Estate Leasing Jobs
Another type of real estate job in the residential sector is real estate leasing jobs. These leasing jobs are positions in which the individual works for a property owner to rent and manage their property for them. They can become a leasing consultant for just a single family home or a larger, multi family complex. They can work with just one investor or several, depending on how their contract is set up.
In some cases, the leasing agent will be required to have extensive knowledge of the real estate industry. The one thing in particular that they will need to have knowledge about is how to manage tenants and the property itself. Many leasing consultants not only find and manage tenants but also the buildings themselves, maintaining the quality, regular maintenance and managing any employees working for the company.
Qualifications for real estate leasing jobs may require formal education in property management. Often, individuals work as leasing consultant assistants prior to working as a professional leasing agent. This often allows them to gain valuable experience in the field. Additionally, most investors will require that leasing agents have a working knowledge of the industry locally. For this reason, many professionals receive hiring with real estate licenses or other degrees within the industry.
Getting Real Estate Jobs
Getting residential real estate jobs requires providing that you have the skills to manage the business successfully. In most cases, you will work independently and will need to be a self-motivated individual. Most real estate jobs like these will require that the individual looks for and maintains clients in order to receive payment for their services. It is nearly always the case that individuals are required to have good person to person skills, good communication skills, and to have a working knowledge of the industry, especially since they will work the business on their own.
To qualify for these jobs is to obtain them. Skills and resources are readily available. The outlook for residential real estate jobs continues to grow, especially as the industry sees more demand for rental housing and more investors looking to purchase properties at low, affordable pricing. Getting these jobs requires submitting a resume outlining your experience, your willingness, and your determination. Real estate agents are only paid based on their commissions earned. Leasing agents are paid a flat fee based on the specific tasks they are required to perform, which can change from one individual contract to the next.
Being a dedicated, devoted individual with a working knowledge of the industry, with or without experience is the best way to obtain either of these real estate jobs.