Career Exploration Presentation

Lincoln Leahy

Mystery Career Field

Titles, Positions, and Functions

Residential Real Estate Agent/Broker

Commercial Real Estate Sales

Appraiser

Property Manager

Developer

Real EstateReal Estate: Industry jobs divided into 4 sectors:

◦ Sales and Leasing: “Includes everything from residential real estate brokers to larger corporations that broker bigger commercial properties such as office towers”.

◦ Management: “Property managers are responsible for maintaining property values. They deal with tenants, manage finances, and physically tend to the property”.

◦ Development: “Developers are responsible for taking a property idea and making it a reality. This is a complex process involving architects, engineers, zoning officials, builders, lenders, and prospective tenants”.

◦ Acquisition and Analysis: “Any kind of investing in real estate requires a thorough understanding of how to analyze the value of a property and navigate the maze of land-use regulations, zoning laws, environmental impact reports, financing realities, and other barriers to buying and developing a property”. (Career.opcd.wfu)

Career Tracks and Positions◦ Appraisal and Consulting◦ Brokerage and Leasing◦ Corporate Real Estate ◦ Mortgage and Construction Lending◦ Property Management◦ Institutional Real Estate Investment ◦ Development

Skills, Responsibilities, and Activities Necessary skills for a career in real estate:◦ Personable ◦ Excellent written and communication skills◦ Negotiation◦ Honesty◦ Motivation◦ Analytical ◦ Organizational◦ Detail oriented◦ Good memory◦ Knowledge of markets

LinkedIn Professionals

Real Estate Resources◦ Vault Career Insider Guides

◦ Vault Career Insider – Career Guide to Real Estate

◦ Vault Career Insider – Guide to Top Real Estate Employers

◦ Wetfeet Careers & Industries

◦ Occupational Outlook Handbook, Bureau of Labor Statics

◦ National Association of Realtors

◦ Real-Jobs

◦ American Real Estate and Urban Economics Association (AREUEA)

◦ Real Estate Job Store

◦ The National Association of Industrial and Office Properties (NAIOP)

◦ Housing Zone

◦ National Association of Home Builders

◦ Society of Industrial and Office Realtors

◦ Certified Commercial Investments Member

◦ Associated General Contractors of America

◦ Construction Managers Association of America

◦ Institute of Real Estate Management

Interesting Real Estate Facts

◦ Top U.S. real estate markets (2015):

◦ West Des Moines, Iowa◦ The Woodlands, Houston, Texas◦ Fort Worth-Arlington, Dallas, Texas◦ Washington, D.C.◦ Sandy Springs, Atlanta, Georgia