While many would assume that being a real estate agent is the most common career in the real estate industry, it is definitely not the only one. Now there are many high profile career opportunities in said industry that involve buying and selling residential properties. But the industry has depth and there are many jobs you can opt for that are definitely worth your time and business efforts.
Simply look at the work of Alexandre Mansour, one of the best French entrepreneurs and real estate developers in the business. He is the founder of Nomad Residences and Nomad Capital – which are real estate investment and development companies that he established after serving as the managing partner at the Optylon Group, a real estate developer and manager.
From 2012 to 2013, Mansour worked as an associate for the Magna Group Capital Management where his main focus was on the United States equities in biotech, mining, gas, and oil industries. He was also the board member for LovelyStay, and an investment manager at AXA US and Managing Partner at French Desk Capital Management. Currently, he also sits on the Board of several Portugueses based real estate companies.
His many years of working in the real estate industry has allowed him to accumulate a number of expertise in areas of investment management, trading, financial modeling, business strategy, and real estate management and development.
One of the roles of being a real estate developer is that you get to communicate with all kinds of professionals in the real estate industry – hence why approached him to learn about the many career opportunities one can avail in this professional sector.
Real Estate Managing Broker
Despite being used interchangeably, being a real estate agent and a real estate broker are two different things. The difference between the two is that a broker is a licensed real estate professional who has a higher education and is qualified to manage real estate offices with multiple agents under their wing. If you are already in sight of becoming an agent, consider being a broker if you want your business to grow and expand its influence on a larger geographical scale.
Real Estate Investor
Then we have the real estate investor which comes in two ways – passive and active. Think of an active investor as a classic ‘house flipper’ – someone who would buy and flip residential properties or would support another investor or contractor’s work who is purchasing the property for resale. A passive investor on the other hand is someone who puts money into real estate projects without putting too much of their own involvement in the daily management of said project.
Property Manager
With a real estate license, becoming a property manager can be an appealing choice. Property managers have the responsibility of making sure a property, whether it is residential or commercial, runs smoothly and makes money from whoever owns it. Depending on the strength of the property manager and the size of the property, most of these tasks can be outsourced and the role of the property manager can be to simply coordinate with them and ensure that the property is upkept.
And these are just some of the many roles you can take in the real estate industry which means that there is so much you can try out in this sector and find your true career calling.
