There are currently millions of individuals currently employed in different sectors of the real estate business in the world. Contrary to what most people think, there are various career opportunities in real estate many of which require licensing, a degree, or a certification.
Although the most common careers in real estate are related to residential and commercial brokerage services, there are many other careers in real estate. Some of these are associated with finance by way of mortgage brokering, investment, loan funding, and so on. Also, property management, title insurance, and escrow have some high-paying real estate jobs.
There are however some particularly high-paying real estate jobs, they include the following.
Top Mortgage Loan Servicing Manager
The job of the top mortgage loan servicing manager is to manage and direct all facets of the mortgage loan process. They design strategies, aims, and initiatives of the department, evaluate loans to ensure compliance with policies, and consult others on complex loans.
The position will usually require a bachelor’s degree in finance or business, at least 5 years of experience in a managerial position, and 1 to 3 years of experience as a supervisor.
Top mortgage loan servicing managers are typically paid a range of about $130,000 -$270,000 annually.
Top Commercial Real Estate Executive
This executive is responsible for preparing and guiding the loan policies and goals. They oversee all aspects of an organization’s estate functions, monitors loan operations and staff performance
The position requires a bachelor’s degree in a relevant field, the ability to work with banking software, and a thorough understanding of commercial customer development, lending regulatory compliance, and loan authorization. At least 3 years of experience in a leadership role is also very important.
A person with a career in this area will usually have an annual salary range of about $250,000- $360,000.
Top Retail Real Estate Executive
The job description for a top retail real estate executive is to oversee all features of the company’s retail real estate functions. They work with top management to develop the business strategy for the organization and oversee the company’s extension into new markets and approve all new retail locations.
A high school diploma is the minimum educational requirement need to obtain this position but a bachelor’s degree from a college or university will give an advantage and licensing is mandatory in all states. Good interpersonal skills, leadership skills, and a good knowledge of the property market will enable an individual to succeed in this career.
A top retail real estate executive typically receives a salary range of about $230,000-$350,000.
The real estate industry is becoming more than merely residential real estate as it incorporates an assortment of different careers that requires different strengths. A career in real estate is fast becoming one of the most lucrative careers on the job market and getting a license and relevant certifications is the fastest way to break into the field.