While the number of real estate agents, much like their commission rates, has shrunk over the years, there is still a lot of value to be captured from the business. If you are considering a career change or have been spending time searching for a job recently then here are some alternative careers for real estate agents.
Find out more about alternative careers for real estate agents, what to do if you are a real estate agent and hate it, alternative jobs for realtors, best alternative job for realtors, what to do if you’re a realtor and hate it, a career change for real estate agents on careerkeg.com
If you’re considering an alternative career, the field of real estate might be a good place to start. There are many paths that a real estate agent can take, and it’s important to know what they are so that you can figure out which is right for you.
Real Estate Broker: The broker is responsible for finding buyers and sellers who want to list or buy property. They may also help clients who are looking for new homes find suitable properties, as well as arrange closings and manage sales contracts.
Real Estate Sales Agent: A sales agent works alongside brokers to sell property. They can specialize in specific areas of the market, such as residential or commercial properties, or they can work across all types of real estate.
Real Estate Appraiser: An appraiser determines how much a piece of property is worth by examining its features and comparing them with similar properties in the area. Their job can be time consuming, but it’s important because appraisers help determine how much sellers will receive when they sell their home or business building.
Alternative careers for real estate agents
Lifestyle blogger
If you have a passion for something that isn’t related to real estate, you can turn it into a blog. It can be about your interests or passions, like knitting or quilting. Or it can be about the experiences that have shaped who you are today, like having cancer or raising children.
You’ll want to build up some followers first before attempting to make money by selling advertising space on your site. If someone wants to advertise on your site, they’ll pay you per click (the number of people who view their advertisement), or they will pay based on impressions (how many times their ad appears). The more traffic your website gets, the more money it will make!
Travel influencer
Travel influencers are social media stars who get paid to travel and share their experiences. They can promote hotels, destinations, airlines, even their own travel packages. In exchange for these reviews and recommendations, travel influencers receive a commission from the businesses they work with.
These days it’s not just about writing a blog post or posting photos on Instagram—travel influencers are often found in vlogs (video blogs) where they give viewers the inside scoop on their latest trip adventures. Traveling itself has become such a huge part of many people’s lives that many are willing to pay money to watch someone else do it!
Airbnb host
An Airbnb host is someone who rents out a room or home to travelers. They could be an individual who does this part-time, or they could be a full-time landlord.
If you’re considering becoming an Airbnb host, here are some things to consider:
- Do you have enough space at home? If not, consider renting out a portion of your home to make it work. Or perhaps there’s another property that you own where this would be appropriate (for example, I’m currently considering renting out my family’s vacation cabin). Your current job might help determine whether this is possible; if so, then keep reading!
- What skills from your previous career can apply? Some people have found success simply by using their former-realtor expertise in marketing and managing properties. Others find that they need additional training in cleaning or maintenance before getting started as hosts—or hiring someone else do those tasks for them as needed.
Rental agent
A rental agent is a real estate agent who specializes in renting properties. They work with landlords and tenants to lease out properties, ensuring that the property is maintained and that the tenants are happy.
Property manager
A property manager manages rental properties for landlords. They organize maintenance and repairs, collect rent and security deposits, oversee tenant evictions, screen tenants and deal with tenant issues, negotiate leases with commercial tenants or residential clients on behalf of a third party (such as an investment firm), set rent levels based on market conditions and prepare lease agreements. Some may also be responsible for hiring and supervising staff as well as conducting property inspections.
Insurance agent
If you’re interested in insurance, but don’t have the necessary qualifications to become an insurance underwriter, then becoming an insurance agent might be a good option.
The job of an agent involves selling and servicing life, health and property/casualty policies to clients. Agents also evaluate risks and suggest coverage options based on client needs. They are also responsible for submitting claims when necessary. Insurance agents typically earn between $40K and $80K annually depending on their experience level, location and employer size (Source).
Financial planner
Many financial planners and advisors work as independent contractors or sell their services on a fee-based basis. To become a financial planner, you will need to get your Series 7 license—which requires passing an exam—and then find clients and build your network of contacts. You may also need to take additional courses or training in order to get all of the necessary qualifications needed for this role, depending on which state you live in and what agency licenses them.
Interior decorator
There are a lot of things to consider if you’re interested in becoming an interior decorator. First, it’s important to understand the role of trends and staying current. Keeping up with trends is absolutely essential for any business, but especially for interior decorators. Staying on top of the latest styles will help you stay competitive and adaptable when it comes to your marketability and customer base. If there is one thing that can make or break an interior designer’s reputation, it’s not knowing what works best for their clients’ homes or businesses. It also helps to have a marketing strategy so you’re able to reach new clients by word-of-mouth or through advertisements online or offline (e-mail blasts).
Website designer
A website designer is a person who creates websites and other digital media. Website designers are not only responsible for the appearance of a website, but also its operation and maintenance.
So why should you become a website designer? First off, it’s an exciting field to work in. You get to help people express themselves online through your designs! You can make your mark on the world by helping people share their stories.
But there are some important things you need to keep in mind:
- Do research on what people want from their website before jumping into designing one yourself – this way you’ll know if what you’re making will actually be useful or not!
- Don’t worry about what other people’s goals are when setting yours; just focus on yourself and think about how much more work you’d like to get done each day (or week). Some examples might be “I want my clients’ websites up-to-date with fresh images every 6 months” or “I want my team members’ blogs updated weekly.” Be ambitious but realistic too!
Social media strategist
Social media strategist is another good career for real estate agents. As the name suggests, social media strategists help clients develop and implement a social media strategy that aligns with their business goals. Social media strategists spend most of their time creating content—articles, blog posts and videos—and engaging with their audience using various platforms such as Facebook, Instagram and Twitter.
Skills required for this job are similar to the skills necessary for being a successful real estate agent: excellent communication abilities (both written and spoken), strong leadership skills and an understanding of business operations. The salary range for someone entering this field is between $39,000 and $58,000 annually.
These are some new careers that real estate agents can find fulfilling.
If you’re a real estate agent who is looking for other careers to consider, there are many options. It’s never too early or too late to pursue a career change. You might feel that it’s time for a change and that the only thing holding you back is the fear of trying something new. If this sounds like you, here are some alternative careers for real estate agents:
- Consulting – Real Estate Agents can help with many areas including commercial property management, tenant leasing services and apartment finders in addition to residential properties. They can also write reports that provide information about how much income was generated from the project as well as providing recommendations on how more revenue could be made through improvements such as raising rent prices or adding amenities such as new appliances or furniture upgrades (note: consult your state laws before offering these types of services).
- Home Staging/Flipping – Having worked in real estate means having knowledge about what it takes to sell houses quickly due to high demand so why not take advantage of this skill set? For example, instead of selling your own home simply use its current condition (or lack thereof) as an opportunity by making some minor changes first then putting up flyers advertising your newly renovated home at reduced price points while still maintaining profit margins much higher than usual average sales prices because most people don’t know what they’re doing when buying homes themselves.”