In fact, 55.5 percent of agents and brokers are women, while 45.5 percent of them are men. According to the National Association of Realtors, 63 percent of the professionals are women, while 37 of them are men. These facts and figures justify female representation in real estate, which can be attributed to their commendable attributes such as empathy, multitasking, confidence, and support networks.
Hence, if you’re a woman looking to work in the real estate industry, here are seven career opportunities you might want to consider:
1. Real Estate Agent
A real estate agent is the most common role in the industry. An agent is a licensed professional who represents both buyers and sellers in their real estate transactions. As an agent, your goal is to help clients fulfill their dream houses or sell their properties.
For the most part, you act as a representative or negotiator in various stages of the real estate journey—from property viewing to a home inspection down to closing. Your income is dependent on your ability to close a deal. You then get a commission based on a percentage of the property’s purchase price.
2. Real Estate Broker
Keep in mind that a real estate agent and broker are two different roles. Sure, both may have the same functions in real estate. However, a broker is someone qualified to handle and operate a real estate office. This means that a broker has a higher education and years of experience in the industry. If you are already a female agent, you may want to level up your career and become a broker.
3. Residential or Commercial Appraiser
A property appraisal is a part of the real estate process. For the uninitiated, an appraisal is a process of estimating the value of a property. It is used in the mortgage process when someone buys a house, sells a property, or refinances a home loan. It is used to determine the property’s pricing based on its actual condition, location, and features.
Simply put, it is a property or land valuation. As a qualified appraiser, you will be working with homebuyers and home sellers, where your unbiased professional opinion of home value is sought after.
4. Home Inspector
Home appraisal and home inspection are sometimes used interchangeably. While appraisal entails determining the value of a property, home inspection involves thoroughly examining the actual condition of a property. A home inspection is also a part of the real estate journey. As a home inspector, you are hired to assess the property and come up with an inspection report. Your honest, unbiased property evaluation is crucial as it determines the homebuyer’s final decision.
5. Property Manager
Property management is vital for property owners with multiple properties, whether commercial or residential. It is all the more important for owners who are renting their properties. They need property managers who oversee everything, from promoting vacant units and selecting quality tenants to collecting payments and maintaining your properties. You might want to become a property manager as well.
6. Landscaping Contractor
Some homeowners are not only considering a home remodeling project. They also want to renovate their outdoor spaces. Not only does this enhance their properties’ curb appeal, but it also boosts the overall value of their properties. That is where hiring a landscaping contractor comes into the picture.
You may want to offer landscaping services for lawns to residential and commercial owners. These include landscaping the garden, installing outdoor structures, lawn mowing, tree trimming and pruning, and even weed and pest control.
7. Leasing consultant
A leasing consultant is exactly what it sounds like. Your primary job is to ensure that properties aren’t vacant and have tenants. This means that your role includes marketing the properties, reaching out to potential tenants, and negotiating with clients.
For the most part, you may be required to work in the evening and during holidays to promote the properties and meet with prospective tenants. Hence, you must be flexible as a leasing consultant.
The real estate market is booming, and women can have a thriving career in this industry. You don’t have to limit yourself in what you can do, especially if you know what you want to be. With all these opportunities in this sector, you can experience growth and learn new skills. You can find the right job, build a professional real estate career, and succeed.