Real estate is an interesting industry, there’s no doubt about that. With so many aspects involved, from design to sales to marketing and analyzing, there’s always something new and fresh to pursue and learn from.
If sales isn’t exactly what draws you in to real estate, there are other ways to participate in the industry once you have your license. Whether you just received your license and want to dive in to an unexpected segment of the market, or you’ve been a sales agent for quite some time and want to try something new, here are a few different ways to use your Texas real estate license.
What else can you do with a real estate license?
- Real estate appraiser
- Real estate developer
- Property manager
- Real estate consultant
What is a real estate appraiser?
If you like analyzing data and doing research, you may love being an appraiser. A real estate appraiser determines the value of a property based on the property information and market research. Appraisers typically check properties out and estimate their values before they’re put up for sale, so it’s a crucial part of the real estate process. To become an appraiser, you must take additional coursework, become a trainee appraiser, and pass the Texas appraiser exam.
What is a real estate developer?
Do you love the design and building aspects of real estate? Then you may want to consider developing a property of your own after getting your real estate license. Real estate developers buy land or buildings and create properties of their own to sell. This is a lucrative path in real estate and requires strong finances upfront to get started, so consider saving up if this is the career you want.
What is a property manager?
This job is is exactly how it sounds: you get to manage and look after an entire property. This could be residential, like an apartment building, or commercial like an office building. The position involves showing the building to potential tenants, managing all repairs and maintenances, and collecting rent which can sometimes involve handling evictions. If you enjoy the logistics, managing, and people aspects of real estate, a property manager position may be the best way to use your Texas real estate license.
What is a real estate consultant?
After you’ve been in the game for awhile, you understand the entire process of real estate from start to finish. You’ve seen how the market ebbs and flows and you know a good property when you see one. Armed with this knowledge, it may be wise to become a real estate consultant. Consultants advise their clients, who could be investors, developers, or even lenders, on buying and investing in property. As a consultant, you can work for a consulting firm or on your own. This is a good position to be in if you want to put your real estate license and expert experience to good use.