What Career Options Await as a Real Estate License Holder in Florida?
Many people are pursuing a career in Real Estate and obtaining a real estate license in Florida. Do you think a career in Real Estate is the right one for you? Or do you plan on starting a career or side hustle jobs to earn extra money? Then you should consider real estate.
It was the most searched job when the global pandemic kicked in. Luckily, those who took the opportunity to join this career had successfully obtained their real estate licenses, not just in Florida alone but in most states.
So, why do people consider having a career in real estate? Well, the answer to that question is that, unlike other careers with potentially the same earnings, it would be much easier to become a real estate broker or agent. It comes with many perks, like meeting new people and connections, being your boss, and helping people attain one of their life’s biggest milestones.
Still, building a successful career in real estate comes with more work than you could ever imagine. In this article, you will get a closer look at different jobs you can have when you have already got your real estate license Florida. That way, you may be able to see if the job is right for you.
What are Career Paths Available for You in the Real Estate Industry?
Once you have obtained your real estate license, you may pursue any of these paths.
Real Estate Realtor or Agent
This is perhaps a typical real estate license career. If you become a real estate agent in Florida, know that a real estate license is the number one requirement. You may also upgrade your career to a top-notch when you join the NAR or National Association of Realtors and earn the title of Realtor. With that, be prepared to pay annual dues and commit to the Realtor Code of Ethics.
Managing brokers are the ones who legally perform the same roles as licensed real estate agents. However, they also have the power to hire other real estate professionals and run their firms. To become a managing broker, you must earn a license in Florida.
Yet, you must earn the real estate license first because Florida requires managing brokers to have at least two years of experience as licensed real estate agents before they can practice being a broker.
Commercial Real Estate Agent
A typical real estate agent usually sticks with residential sales. They work on more complicated transactions for industrial and commercial properties. They provide more opportunities for professional and growth challenges.
If you work as a commercial real estate agent, you may also make more money as you will likely close fewer deals since the values of commercial properties are usually higher than residential ones. However, you should know that each deal would require you more hours than the typical residential transaction.
Real Estate Investor
As the name suggests, working as a real estate investor is about investing in real estate. This means you must buy a property and rent a property or buy the property and toss it for a profit. While it’s not required to have a real estate license in Florida to buy and sell properties as an investor, when you have a real estate license, it would be more flexible for you as an investor.’
You may be able to market the properties and earn a commission from your transactions. Your license in real estate will prepare you for all the career paths, and since there are many options to choose from, you can be sure that the investment in obtaining a real estate license is wise.
The job of a property manager is to ensure that rental properties run smoothly on behalf of the owner. Property managers manage an apartment complex, single family homes, office buildings, or any real estate portfolio.
You can never go wrong when you are licensed. You don’t need a license if you work on behalf of the property management company as an hourly or salaried worker. However, it would be more beneficial if you work independently and on a commission basis, even if it requires having a real estate license. It would be wise that you leave yourself with options. But we are not trying to discourage you from obtaining a license.
No matter what career you want to pursue in the real estate industry, having, a license will get you to many places. It’s your ticket toward having a successful business in real estate. It has a lot of benefits and opportunities beyond just passing the exams.
It will train you to become more creative, get maximum profit out of each deal, and meet more people who have already become successful in the business to guide you. You just need the will and presence of mind to get where you want.