Real Estate Career Options
Principal & Licensee
This position carries the responsibility of ensuring the overall management of the office results in compliance with all lawful requirements associated with real estate practice.
In addition to this they may also sell property or manage property on behalf of clients.
Property managers lease and manage residential, commercial, industrial and retail property on behalf of property owners.
The property manager’s duties are responsible for selecting tenant, collecting rent, arranging repairs, marketing the property, negotiating leases and rent reviews, advising on market rents, representing the property owner at tribunal hearings.
For many years, property management was regarded as a good ‘stepping stone’ for a career in sales and marketing. It is now widely recognised as an attractive, long-term career option in its own right.
Sales people make up a large sector of the real estate profession and work on behalf of property vendors (sellers). While the prime duty of care involves the client, who is in most cases the vendor, there is an obligation to be fair to all parties in a transaction.
The duties of a sales person can include appraising properties, obtaining listings of properties for sale, marketing the property, seeking out and introducing buyers, offering advice on current market conditions, arranging and overseeing inspections, negotiating the sale & liaising with legal representatives.