Real Estate: Looking for the Bright Career
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There is definite scope for a bright future in the real estate sector. The fact that over a third of the world’s wealth is tied up in this industry should be guarantee enough. Even though work in this sector can be challenging and time-consuming, it is also said to be rewarding and ever-changing for the better. If you want to be part of the development of the very society we live in and contribute to its shaping, it may be the ideal field for you. The various jobs in the sector include fields like construction, mortgage banking, title insurance, real estate advisory, property management, brokerage and leasing, real estate development, commercial and investment banking and loans, and real estate appraisals.
Most real estate jobs tend to be entrepreneurial but in developing countries such as India many leading real estate employers are constantly on the lookout for people who have evident set of skills such as good communication, analytical skills, tech savvy, people skills, sales background, fine ability to synthesize, high creative ability, and inclination towards taking initiative in any situation. If you are keen on working with one of the celebrated real estate names in the country, the first step may be to obtain some kind of experience in the field. While breaking into the field with a high-paying job is not likely, you can approach some companies for taking an unpaid internship or the like. For example, a developer may be looking for people to help manage some commercial office in BKC, Mumbai. You can take advantage of such opportunities to acquire the required experience.
There are many other ways to jump-start a career in the real estate sector. It may not be necessary to work under someone to get experience if you have been to school for related studies. Those interested in the sales side of this industry can start by getting licensed. Depending on your level of confidence and know-how about the sector, you can then choose to either start your private practice or seek work under a commercial or residential broker in the city. Those interested in property acquisition and analysis can get a degree in real estate with specialization in the particular field, after which you can practice for a real estate company or any major property management firm in the country.
To have a successful career in the real estate sector, there are a few things to keep in mind. Noted below are just a few tips that can help you go a long way in the property maze.
- This is the age of technology; make full use of it online and otherwise. It is a good idea to have a smart phone that takes good pictures, has connectivity to major social networking sites such as Facebook and Twitter, and lets you share news at real time. Such phones and sites can help you not only build a good network of clients and peers, but also keep you connected with them at all times. Staying connected through online portals, calls and industry-related events is crucial to be on top of the latest trends and happenings in the industry.
- Keep a diary where you write down your day’s plan. Have set goals in mind for the week. There are many industry experts that swear by this method for ‘working smarter, not harder’. You can even use the phone’s ‘to do list’.
- It is a dog eat dog world, and real estate sector is no exception. You might meet many people who have made it big by taking the unethical road, but make sure you have a good mentor. A mentor doesn’t have to be an industry success. He can be a sportsman or businessman you admire. Of course finding someone from the sector might be ideal.
Bio – Timothy Kramer is a freelance journalist that holds special interest in the real estate sector and its developments. He enjoys investing in this sector and has recently bought a commercial office in BKC, Mumbai. Timothy also likes traveling and sports. Also he writes for http://thecapitalbkc.com/
Category: Real Estate
