Have you been looking for the best paying jobs in real estate in the USA without seeing any results? Look no further! This article will teach you about jobs in real estate, where you can be earning six figures per month.
Just like oil field jobs, Real estate is one of the world’s largest professions just like , with over 500,000 real estate brokers and agents in the United States alone. It’s also an ideal career for the right person.
However, before you can become a real estate professional, you must meet state-specific age, education, and licensing requirements. Then you have to look best real estate companies to work for.
Trying to break into a new industry can be daunting at times. As a result, we’ve compiled a list of the best place to find entry-level real estate jobs, the best real estate companies to work for, and the best-paying jobs in real estate where you can make money even if you are a student.
What you should understand about jobs in Real Estate
Best paying real estate jobs are employment or work opportunities available to people who have the necessary experience or skills through investing in the real estate specific sector.
There are numerous best real estate companies to work for that help individuals and corporate organizations own properties that guarantee good Returns On Investment (ROI) thereby creating happy investors and landlords.
Most of these jobs offer competitive pay and other benefits, making them both desirable and difficult to obtain.
To be considered, you must have the necessary skills in the industry. Some of these skills may be technical, IT-related, engineering-related, or related to other fields of study.
The field of real estate is evolving, with numerous positive and negative consequences. One advantage is the current increase in high-wage estate jobs available in the US.
Is real estate a good career in the US?
If you want to work for yourself and set your own schedule while earning six figures per year, or if you want to work for a real estate firm, then a career in real estate may be right for you. While there are numerous advantages to choosing real estate as a career, there are some aspects of becoming a real estate agent that does not appeal to everyone.
Also, there are several factors to consider if you want to work in the industry as a professional.
To begin, make certain that selling real estate is something you truly want to do. Being a real estate broker entails a lot of work and long hours; it’s not the type of job where you can sell a house one day and then take the next day off.
Successful real estate brokers or agents must be able to handle rejection without becoming discouraged, as they will most likely receive several “no” responses before making headway.
Furthermore, the best real estate companies to work for require a set of highly specialized interpersonal skills and a knowledge base. Trends, events, and economic factors drive the real estate market, which can change dramatically from year to year.
When considering a career in real estate, it is critical to be aware of these factors so that you can better understand the opportunities and challenges that await you.
What are the best paying jobs in real estate?
Here is a list of the top 20 best paying jobs in real estate:
- Real Estate Broker
- Real Estate Investor Jobs
- Real Estate Agent
- Property Manager
- Real Estate Property Appraiser
- Real Estate Director
- Site Engineer
- Escrow officer
- Real Estate Attorney
- Leasing Consultants
- Mortgage loan officer
- Real Estate Developer
- REIT Analyst
- Investor Relations
- Sales and Marketing Director
- Investment Analysts
- Foreclosure Specialists
- Asset Manager
- Security Analyst
- Home inspector
#1. Real Estate Broker
A real estate broker is legally permitted to negotiate and organize real estate transactions. A career as a real estate broker is one of the most lucrative and best paying jobs in real estate. An experienced real estate broker salary is a six-figure salary on average. This is only possible if you have a significant amount of good reputation.
Keep in mind that a real estate broker and a real estate agent are not the same things. While agents facilitate real estate transactions by bringing buyers and sellers together in exchange for commissions, they lack the qualifications of brokers. A real estate broker is typically someone who has completed a real estate broker license course.
#2. Real Estate Investor Jobs
Being an investor is also one of the best paying jobs in real estate industry. This is one of the most sought-after careers in this industry.
A real estate investor’s job entails purchasing real estate assets, adding value to them, and then selling them at a profit. While this appears to be quite profitable, it is not all easy and rosy.
If you want to make a reasonable profit, you must understand where and when to buy and sell properties. This means that you must always be prepared to conduct extensive market research.
#3. Real Estate Agent
A real estate agent is one of the best paying jobs in real estate industry. Real estate agents have a simple job description: they help prospective buyers and sellers buy or sell real estate properties.
A real estate agent’s job can vary depending on where they work and what they do; for example, you could be an agent who helps buyers find properties or sellers find buyers.
You can also specialize solely in residential or commercial properties.
Residential real estate agents assist in connecting buyers and sellers of residential real estate properties.
These include single-family homes, luxury homes, condos, vacation homes, and so on.
Commercial real estate agents’ properties include shopping malls, warehouses, rental apartments, hotels, and so on.
The requirements here are a little different in that you must have some background in business and finance, as you will be dealing with finance-related data such as internal rates of return, gross rent multipliers, and capitalization rates as a commercial real estate agent.
Best paying jobs in real estate
#4. Property Manager
The benefit of getting a real estate license is that you have several career paths from which to choose. Apart from livelihood as a real estate broker or agent, you can also start a career as a property manager. As a property manager, you will work with property owners to ensure that their property is profitable.
The majority of experienced property managers earn a six-figure salary. Some even earn more than $100,000, allowing them to live lavishly. Keep in mind, however, that a career as a property manager is both challenging and rewarding. You will need a variety of skills, such as budget management and organization, marketing, property value analysis, and so on.
#5. Real Estate Property Appraiser
A property appraiser is a real estate professional who has been trained to thoroughly evaluate and determine the value of a property, as well as its market value, using various economic indicators.
A real estate property appraiser must understand how the real estate market works and how various factors such as location affect the value of a property.
In terms of annual pay, appraisers earn an average of $50,000 with the option of working independently as well.
#6. Real Estate Director
A real estate director is in charge of a large company’s or corporate organization’s acquisition of new real estate. Your responsibilities include managing the organization’s real estate development portfolio, identifying new potential buildings or properties to develop, and negotiating contracts to acquire the property.
You also negotiate the sale or lease of your organization’s developments and hire the necessary maintenance staff. As a real estate developer, you will work closely with other executives to ensure that real estate development complements other aspects of the organization’s strategies.
#7. Site Engineer
A site engineer is an on-site construction consultant who advises on technical aspects of civil engineering projects such as the construction of a highway or bridge. Travelling to construction sites to assess the environmental and physical quality of the site, determining what types of technical difficulties the project may encounter and making recommendations on how to avoid them are all part of the job.
You frequently write reports outlining your recommendations for developers, contractors, and other construction professionals. On-site management assistance is also possible.
Best paying jobs in real estate
#8. Escrow officer
Escrow officers handle real estate transactions, making sure that all paperwork is completed and that all legal requirements are met. They also educate home buyers on all aspects of the real estate purchasing process. Because escrow officers are paid a percentage of the final sale price, their earnings potential can vary depending on their location and the cost of the properties they work with.
#9. Leasing Consultants
Leasing Consultants are the real estate industry’s public face. They assist people in locating property and housing options that are within their budgets and preferences.
If you want to work in real estate investment trusts, becoming a leasing consultant is a good place to start.
It is an excellent starting point for a career that will lead to higher positions and roles such as marketing director.
A thorough understanding of the local real estate market is required for success in this career path.
The more you know about this subject, the easier it will be to get your clients what they want.
You must also have strong interpersonal skills, as well as marketing and promotion abilities.
Prior experience in the hospitality or retail industries may be advantageous because you already know how to interact with people.
Best paying jobs in real estate
#10. Mortgage loan officer
Mortgage loan officers, also known as mortgage loan originators, help buyers navigate the mortgage process when they buy a house or property. They also compare various loan options and present them to clients to ensure they find the best option for their specific financial situation. A mortgage loan officer must be licensed in their state and nationally accredited.
#11. Real Estate Developer
In contrast to a real estate investor, who purchases and resells existing real estate properties, a real estate developer acquires land and constructs properties to sell.
From planning to financing and coordination, real estate developers oversee the entire building construction process.
To ensure a smooth process, you will work with a variety of professionals, including architects, engineers, lawyers, contractors, leasing agencies, and so on. A real estate developer salary makes the career a very attractive one for those interested in the industry.
Best paying jobs in real estate investment trusts
#12. Real Estate Attorney
This is one of the best paying jobs in real estate investment trusts. You handle million-dollar property ownership, transfers, foreclosure, and a plethora of paperwork involving documentation, title issuance, transfers, and other real estate legal issues as a real estate attorney for REITs.
REIT attorneys act as a liaison between the company, buyers, and sellers, with the goal of achieving the best possible outcome for all parties.
#13. REIT Analyst
A REIT analyst works with the real estate and finance departments to acquire, sell, market, and finance properties.
They assist the company in making informed property decisions by researching, analyzing, and monitoring real estate market trends.
As a REIT analyst, you will be expected to use various financial tools to run financial models on the company’s current assets and acquisitions. As a result, you must be well-versed in financial matters.
Best paying jobs in real estate
#14. Investor Relations
This role’s job description is to assist in taking stock by coordinating annual meetings that provide financial statements and summary reports to all REIT shareholders. Also, you basically manage the entire communication process with the REIT shareholders.
#15. Sales and Marketing Director
You will be in charge of finding suitable properties for investment, negotiating with sellers and buyers, and documenting all transactions.
As a best paying jobs in real estate investment trusts, you will have prior experience in the capital markets, finance, marketing, or general business to apply for this job..
#16. Investment Analysts
Real estate investment analysts are specialists in the examination and interpretation of real estate markets, market conditions, and trends these jobs top as top-notch best paying jobs in real estate investment trusts. These analysts can assist in making informed investment decisions due to their extensive knowledge of real estate. Their knowledge can be applied in a variety of ways, including financial analysis, acquisitions, marketing, leasing, and more.
#17. Foreclosure Specialists
A foreclosure specialist oversees and manages a property’s foreclosure process making it to be one of the best paying jobs in real estate investment trusts. Your responsibilities include ensuring that all aspects of the foreclosure comply with federal, state, and local laws. You prepare foreclosure documents and obtain title records and other foreclosure-related records.
You take the necessary steps to ensure that the process meets all deadlines and, as needed, communicate with vendors, attorneys, and authorities. In some cases, your responsibilities may include assisting mortgage holders who are facing foreclosure. In such cases, you may be able to negotiate changes to the loan agreement that will allow them to avoid foreclosure.
#18. Asset Manager
Another best paying jobs in real estate investment trusts is that of an asset management. Asset management jobs are concerned with the financial and operational performance of the REIT’s properties and assets.
As an asset manager, you will work closely with the heads of other departments such as accounting, finance, acquisitions, and real estate development.
Many REIT asset managers begin their careers as members of the acquisitions department or property management associates before being promoted to this position of leadership.
#19. Security Analyst
Security analysts are also a major best paying job in real estate, they assess information systems and recommend security measures and protocols to protect sensitive data in a real estate company from security threats.
Monitoring security access, performing audits of internal and external network security programs, analyzing breaches to inform future security system measures, and training colleagues in security awareness and proper procedures are all part of your job as a security analyst in the real estate company.
#20. Home inspector
A home inspector’s salary is not as high as that of others in the field, but it can provide a basic income and is typically done as a part-time job. A home inspector’s job description focuses on reviewing and recommending properties through written reports that may also include an evaluation.
There is no need to obtain a license to work as a home inspector; all that is required is a basic understanding of the property structure, as the report is based solely on that.
Where to find best entry level real estate jobs
Trying to break into a new industry can be daunting at times. As a result, we’ve compiled a list of the best job online portals to find the best entry level real estate jobs.
Below is the best place to find the best entry-level real estate jobs in the USA:
Best real estate companies to work for
Here are the best real estate companies to work for globally:
FAQs about best paying jobs in real estate
The average real estate agent earns $45,990 per year, according to the Bureau of Labor Statistics, but earnings vary greatly. One-tenth of real estate agents made less than $23,000, while 10% made more than $110,000.
The average salary for Real Estate agents in California is $73,450, according to the Bureau of Labor Statistics. Real estate agents in California earn among the highest salaries in the country.
A career as a real estate broker is one of the most lucrative and well-paying jobs in the real estate industry.