Can You Get A Real Estate Job Without A License?
The NAR requires new agents to have a license, but not every real estate job demands one. The real estate industry is always changing, which creates new opportunities for people to have careers in this field. You may not know about all of the possibilities that exist in this industry.
The best part? Most of these opportunities come with incredible flexibility and benefits, such as meeting new people daily, that you could otherwise miss while working a nine-to-five job. This article provides an overview of various real estate jobs that do not require a license, including job descriptions and the necessary experience for applicants. These jobs may be performed remotely.
Types Of Real Estate Jobs Without License Requirements
If you’re interested in getting involved in the real estate market but are still in school or haven’t gotten your license yet, you can still take some steps to get started. Check out some career opportunities with zero-licensing requirements below:
Real Estate Wholesaler
A career in real estate wholesaling can be very profitable. This is one of the real estate investing strategies that requires the least amount of capital. A wholesaler finds a seller who is motivated to sell their home and gets a contract from them. They then find an investor who is interested in buying the home and sell the contract to them for a profit.
The wholesaler does not purchase the property; instead, they agree to resell the contract at a higher price than the original amount. The difference between the contract price and the new sale price is known as the wholesale fee.
A wholesaler doesn’t need a real estate license or a lot of experience since the job mainly involves taking advantage of on-market and off-market, distressed, and foreclosed properties. Wholesaling can be a low-cost, low-risk way to get into the real estate business, and can be done virtually through the use of real estate lead generation software and other digital lead nurturing tools. This means that you can earn passive income by being a part-time wholesaler
House Flipper
A house flipper is someone who buys real estate properties at deep discounts, fixes them up, and then sells them at a higher, more profitable price. This is why they are called flippers, or house flippers. House flippers purchase properties that are either in good condition but below market value or in need of repair. The goal is to either resell the property at a higher price or rent it out.
If done right, house flipping is incredibly lucrative. On average, house flippers make a profit of $68,000 per deal. Some house flippers choose to get a license even though they don’t need one in order to work under other real estate agents or brokerages and avoid paying for property renovations.
Unlike wholesaling, house flipping is a very hands-on job. Working as a real estate agent also involves working with multiple real estate professionals, such as appraisers and home improvement supplies contractors. This means that it is best done as a full-time job.
Real Estate Courier
You may not think you have enough experience for a job like wholesaling, but that shouldn’t stop you from trying. If you’re looking for a way to get into the real estate business without getting a license, becoming a real estate courier is a great option. You’ll learn a lot about the industry and how it works, and you won’t need to go through the process of getting a license.
The role of administrative assistant for a real estate agent or brokerage often includes assisting with tasks that are time-consuming and repetitive. The tasks involved in this job range from finding leads and setting up marketing brochures to delivering real estate documents.
There is no set routine for a real estate courier, so every day presents new opportunities to interact with different people in the field. This is a great way to build up your professional network.
Speaking with these professionals gives young couriers the opportunity to choose the best career path in the real estate industry. Working as a real estate agent is a full-time job, and the amount of money you make varies depending on the agent or brokerage you work for.
Real Estate Assistant
The real estate assistant’s job is to provide administrative support to realtors and brokers. This support may include tasks such as answering phone calls, scheduling appointments, and maintaining files.
The duties of a real estate agent can include answering phone calls, drafting contracts, ordering supplies, coordinating house showings, distributing marketing materials, and various other leasing and marketing-related tasks.
Full-time real estate assistants typically work for multiple real estate brokers.
Marketing Assistant
Got a knack for marketing? Do you believe you’re a good salesperson? If you are interested in working in real estate, being a marketing assistant is a great way to get started without needing a license. The marketing assistant is responsible for helping to create, carry out, and oversee marketing plans and strategies that are designed to help real estate businesses grow and succeed over the long term. This may involve tasks such as conducting market research, creating marketing materials, managing social media accounts, and more.
They research marketing trends and performance results to stay up to date, and use this information to marketing data, create promotional events, or advertising campaigns that increase awareness about new listings. Although being a real estate marketing assistant doesn’t require a license, an individual seeking this position needs:
- To be well organized
- To be a good multi-tasker
- A good understanding of marketing and office management
- Great people and communication skills
Leasing Agent Or Consultant
A leasing agent or consultant helps people find housing that meets their needs and budget. This can be a very fulfilling job without the need for a real estate license. At its core, the job involves working with landlords to find quality tenants and lease their properties and may include duties such as:
- Marketing properties
- Drafting lease documents
- Tenant screening
- Setting appointments for leasing or rental unit viewing by tenants
- Collecting lease applications
- Answering inquiries regarding rental properties
A leasing agent may also work with real estate brokers who have experience with renting, or with relocation specialists who need information about a specific market. The role can be both part-time or full-time.
Real Estate Investor
Investing in real estate is a simple way to get involved in the real estate industry without needing a license or taking any exams. This role essentially makes you your boss.
An investor in water property may purchase land or water rights above or below the surface of the water. The role of a property manager is very broad, and can encompass anything from buying and selling properties, to allocating money for renovations on rental properties, in order to make a profit through rent.
The level of an investor’s financial strength will determine how much involvement they have in the investment process, from finding investment-worthy properties to management. Or, they could give some of these responsibilities to people who work in real estate, like couriers and marketing assistants.
While being a real estate investor can be lucrative, it requires capital and experience to find land and properties that are worth investing in. This role is best suited for someone who is looking for full-time real estate jobs and is willing to be hands-on.
Property Management
If you’re skilled at communication and have experience in business administration, you may want to consider a career in property management. Property owners and real estate investors often hire someone to handle the daily administration and maintenance of their rental properties for them. The exact duties of a property manager vary depending on the property type under management but typically include tasks such as:
- Marketing
- Screening tenants
- Showing and leasing owner property
- Resolving tenant issues
- Organizing and coordinating building maintenance
- Collecting rent and deposits
There are no academic credentials required to be a property manager. You may have better chances of getting a job with a large and well-known property management company if you take certain classes and pass licensing exams. Depending on your state, you might need a property management license to manage property.
Real Estate Development
Real estate development is creating something of value, usually commercial or residential, to make money or increase the value of the property. The term “construction” encompasses a range of activities, from planning and designing a new real estate property to renovating existing structures.
A real estate developer is often involved in all aspects of a project, from financing and building to marketing and managing. The job is profitable and although it doesn’t necessitate a license, having one enables you to make money from commissions on real estate sales.
The role requires some knowledge about different markets and real estate laws. This is a role that requires a lot of time and effort.
Real Estate Scouting
This is an alternate way of making money in the real estate industry. REI scouts, also known as property scouts, browse the market for investment opportunities that could be profitable and then forward them to real estate agents or firms.
The opportunities for investment often vary depending on the investment firm or realtor. A real estate scout who is working with a wholesaler will mostly look for properties that are in foreclosure, for sale by owner, or distressed.
The job can either be part-time or full-time, but it can’t be done remotely. It also doesn’t require extensive experience to have local market knowledge. A real estate scout typically works with multiple sales agents and brokerages.
Real Estate Handyman
You’ll need to be able to interact with people if you want to succeed in the real estate business. Whether you’re working with a developer or an agent, you’ll be dealing with people. If you’re not very good with people and you’re better at manual tasks than interacting with people, you might make an excellent real estate handyperson.
The daily duties of a handyman can vary greatly. They may include replacing tiles, repairing ductwork, painting, cleaning gutters, or doing any necessary carpentry work. essentially, if something in the home is not working correctly, it is the handyman’s job to fix it.
If you’re in the business of buying and selling properties, it can be helpful to have a handyman on hand to take care of repairs. This can be more convenient than having to hire multiple individuals, and it can also save you money.
Congratulations on Getting Your Real Estate License!
Before you ask what you can do with your license or what career opportunities you have in real estate, take a moment to congratulate yourself. You did it! Congratulations on making it through real estate school and passing your exam!
Don’t worry about how to get your first job in real estate, appreciate everything you have already invested in your career. Your achievements so far have not been easy! The team at VanEd are proud of your achievements up to this point.
You know that even though you have put a lot of work into your career up to this point, there is still more work to be done. You have a lot of potential and many exciting things ahead of you in the future. The real estate industry provides incredible opportunities. There are many potential career paths, but where should you begin?
Here is our list of the top 8 real estate jobs you might consider after getting your real estate license.
Real Estate Jobs – Choosing Your Niche
There are many types of jobs in real estate to choose from. Your career in the industry will be defined by the specialty you choose. Specializing will help you to stand out among others in the field.
You should choose a real estate specialty that you are interested in and that matches your skillset. You should not only choose the easiest or most lucrative market, but also make sure your interests and skills align with it, so that you can make a high salary and feel satisfied and fulfilled.
Here are a few real estate niches to consider if you choose to become an agent or broker:
Here are a few real estate niches to consider if you choose to become an agent or broker:
1. Residential Real Estate
These agents usually help families or individuals find a home. There are many types of properties, the most common being single-family homes, condominiums, co-ops, townhouses, duplexes, triple-deckers, quadplexes, high-value homes, multi-generational and vacation homes.
Consider this niche if you:
- Love working with people
- Know how to find properties that suit different families or individuals
- Are great at multi-tasking and working with multiple clients at once
- Enjoy working in fast-paced environments
2. Luxury Real Estate
These agents usually work with very wealthy individuals who have assets of $30 million or more. It’s tough to get into the real estate business if you’re not already wealthy or connected.
Consider this specialty if you:
- Have connections who are looking for luxury properties
- Understand what makes a home luxury
- Love diving into the latest trends and following the top brands
- Are comfortable working with ultra-wealthy clients
3. Commercial Real Estate
Most commercial real estate agents work with clients who want to buy business properties. These properties include but are not limited to shopping centers, strip malls, medical centers, educational buildings, hotels, offices, and apartment buildings.
Consider this specialty if you:
- Enjoy working with businesses
- Have a thorough understanding of commercial property values and assets
- Have an eye for commercial real estate value
- Have a background in understanding the needs of businesses
4. Industrial Real Estate
Industrial property agents typically represent clients who want to buy factories and warehouses. Properties that are used for research, production, storage, and distribution of goods are commonly used. The main difference between industrial and commercial properties is that industrial properties are zoned for manufacturing, while commercial properties are zoned for business. The buildings on industrial properties are also generally constructed differently, with industrial buildings being built to accommodate manufacturing needs.
Consider this specialty if you:
- Understand the needs of the industrial industry
- Can work to develop relationships within the industry
- Know how to assess an industrial client’s needs
- Have an industrial background and connections
- Have an understanding of regulations and laws
5. Land and Vacant Property Real Estate
These agents work with clients who are interested in purchasing land. These properties include vacant land, working farms, and ranches. Unused land that has not been developed yet, land in the early stages of development, land that is being reused, subdivided land, and land that has been assembled for a specific site are all considered vacant land.
Consider this specialty if you:
- Can see the potential in a blank plot of land
- Understand the farming industry
- Can help your clients see multiple possibilities
- Have thorough knowledge of property values within your area
What To Expect Your First Year in Real Estate
The experiences of real estate professionals during their first year on the job vary. in different cultures But there are certainly similar experiences that can be found in different cultures
The brokerage you choose should reinvest in your growth and continued education. You learned a lot in your difficult real estate courses, but there is still more to learn about the industry. It is important to find a mentor who is experienced in the industry and can show you the ropes of how the business works on a daily basis.
Growing Your Sphere Of Influence
A successful real estate career is built on the relationships you create. Your first years in the real estate industry will be affected by how well you network. Your satisfied customers will tell their friends and family about you, leading to an increase in business. Creating positive working relationships with clients is essential.
Do Not Forget Your Opportunities to Learn and Grow as a Real Estate Licensee!
As a real estate professional, you will need to continue learning throughout your career. There are many great educational opportunities available for students to gain skills and knowledge either inside or outside the classroom. To renew their licenses, real estate professionals need to meet certain requirements. Renewing a license generally requires taking continuing education courses. The CE requirements vary in every state.
