{"id":10252,"date":"2021-07-14T02:53:06","date_gmt":"2021-07-14T02:53:06","guid":{"rendered":"https:\/\/explorecareers.com\/industry\/real-estate-property\/"},"modified":"2024-06-18T16:14:35","modified_gmt":"2024-06-18T06:14:35","slug":"real-estate-property","status":"publish","type":"ra-industry","link":"https:\/\/explorecareers.com\/industry\/real-estate-property\/","title":{"rendered":"Real Estate &#038; Property"},"content":{"rendered":"<p>Some of the first thoughts you might have about the real estate industry likely involve showing people around houses or apartments as they look for their new home, but it stretches way beyond the residential market!<\/p>\n<p>The real estate and property industry play a significant role in the American economy. According to federal statistics, the industry contributed more than $3 trillion to the U.S. economy in 2020, employed more than two million people, and generated more than $10 billion in profit.<\/p>\n<p>When you explore the industry in more detail, you\u2019ll discover core segments and multiple career pathways within those segments.<\/p>\n<p>Some of the key ones to consider include:<\/p>\n<ul>\n<li>Residential Properties<\/li>\n<li>Industrial Properties<\/li>\n<li>Office &amp; Business Properties<\/li>\n<li>Hotel &amp; Leisure Properties<\/li>\n<li>Retail &amp; Warehousing Properties<\/li>\n<li>Niche &amp; Specialised Properties<\/li>\n<\/ul>\n<p>Aside from property management, there are several other sectors that\u00a0 exist to help structure and support the industry more broadly. These include:<\/p>\n<ul>\n<li>Professional Services, such as pest control, trades maintenance, and engineering<\/li>\n<li>Architectural Design<\/li>\n<li>Auctioneering<\/li>\n<li>Surveyancy<\/li>\n<li>Property Law<\/li>\n<\/ul>\n<p>Every segment requires a comprehensive understanding of property and a solid knowledge of the laws and legislations that apply across real estate.<\/p>\n<p>Regardless of sector, real estate and property agents are responsible for acting legally on behalf of their clients and ensuring that\u00a0everything meets legal and legislative requirements.<\/p>\n<p>Careers across real estate and property can be highly rewarding and lucrative, but it is also a very competitive field.<\/p>\n<p>Whether meeting with potential clients, conducting open houses, or negotiating with buyers and sellers, agents in all parts of the industry are required to engage and impress people consistently.<\/p>\n<p>The ability to develop solid relationships and build a reputation for being knowledgeable, efficient, and trustworthy will go a long way for those wanting to build a successful career.<\/p>\n<p>Entry into the sector is as varied as the roles available, so no matter what academic pathway you choose to pursue, there\u2019ll be an opportunity to get started with a real estate and property career!<\/p>\n","protected":false},"author":3,"featured_media":10253,"template":"","meta":{"content-type":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_themeisle_gutenberg_block_has_review":false},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/ra-industry\/10252"}],"collection":[{"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/ra-industry"}],"about":[{"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/types\/ra-industry"}],"author":[{"embeddable":true,"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/users\/3"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/media\/10253"}],"wp:attachment":[{"href":"https:\/\/explorecareers.com\/wp-json\/wp\/v2\/media?parent=10252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}