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What Jobs Are Available With a Real Estate License?

by John C. Lauzon
  • Overview

    What Jobs Are Available With a Real Estate License?
    What Jobs Are Available With a Real Estate License?
    Five million people work in various sectors of the U.S. real estate industry, according to CareerOverview.com. This figure represents licensed professionals who buy, sell and service commercial and residential properties. Since real estate is used to guarantee so many financial transactions, about a third of the global economy is connected in some way to real estate.
  • Agents and Brokers

    As of 2009, about 400,000 real estate agents and brokers work in the United States. These salespeople show and transact residential or commercial properties. They can represent the seller, the buyer or both. Brokers differ from agents in that they are required to have more education and in turn are able to take on more complex transactions. Most commercial agents and brokers cut their teeth in residential real estate before entering the more complex world of commercial real estate. You must be over 18, take an accredited licensing course and pass a licensing exam to become an agent.
 
  • Listing Agents

    All real estate brokerages employ at least one listing agent, who is responsible for signing contracts with buyers and sellers, who agree to allow the company to represent them in either finding a suitable property for purchase or a willing buyer for their property respectively. The listing agent attempts to land as many exclusive arrangements with clients as she can for the company, which ensures that commissions will not have to be split with other brokerages and also decreases the competition for her firm's agents. Listing agents usually receive a cut of all commissions.
  • Propety Management

    Property managers work for either commercial or residential property owners. Apartment complexes employ them to find renters, address tenant conflicts and concerns, sign leases, oversee maintenance and collect rent. Office complexes are managed by licensed professionals in a similar fashion.
  • Appraisers

    Banks use licensed appraisers to determine the market value of properties, used to determine lending and refinancing terms. Appraisers determine the value of a property by comparing it to similar properties and also by estimating the amount of money the property will bring in. Appraisers work either directly for a bank or for an appraisal company.
  • Realtors

    Not all real estate agents are Realtors, but all Realtors are agents. "Realtor" is a registered trademark of the National Association of Realtors trade organization. To be a Realtor, an agent must become a member of this group.

    References & Resources