Becoming a real estate professional in 2022 will open up numerous opportunities for you. Though several deep changes have taken place because of Covid, the market will still continue to grow. So, you’ll be able to cope with the new landscape and thrive with the proper training as well as exposure. Thus, it can definitely be said that becoming a realtor in 2022 is a good choice.
The basic job of a real estate professional revolves around assisting the buyers and sellers to buy or sell properties. Alongside, they also look for properties that they believe would meet the needs of their clients who are willing to buy a property. So, most of their earnings are commission-based.
Interested candidates from different backgrounds such as commerce, management, etc can choose a career in this field. In this blog, we’ll be looking at the 10 highest paying Real Estate Jobs and Careers in 2022 to provide you with an idea of the different job opportunities available in this field. So, simply stick with us till the end and you’ll be able to make out which profile best aligns with your interests.
So, without wasting any more time, let’s look at the 10 highest paying Real Estate Jobs and Careers in 2022.
1. Real estate managers
Real estate managers are responsible for overseeing the operational aspects of properties. Thus, they supervise maintenance workers, prepare financial statements, and negotiate contractor, supplier, as well as vendor contracts along with the determination of rental income rates.
The main roles and responsibilities of these professionals include-
Roles and responsibilities
- Manage the purchase, rental, sale, and development of properties.
- Monitor real estate income, expenditure, and collect payments.
- Determine rental income and negotiate lease agreements.
- Authorize maintenance, equipment, repair, and supply expenditure.
Average salary: ₹8,00,485
2. Property managers
Property managers or estate managers are the professionals or a firm charged with the operation of a real estate property for a fee when the owner is unable to attend personally to such details or isn’t interested in doing so.
Besides, the major roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- Overseeing, maintaining, and inspecting all designated properties.
- Coordinating ongoing maintenance and inspections.
- Selecting tenants by interviewing and performing background checks.
Average salary: ₹4,91,226
3. Home inspectors
Home inspectors are required to complete building inspections before the sale of properties so as to ensure they are up to code and safe to inhabit. Thus, they are responsible for the evaluation of a house’s air conditioning units, plumbing systems, electrical wiring, security systems, as well as structural components.
Besides, the major roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- complete building inspections before selling properties to ensure that they are up to code and safe to inhabit.
- evaluate the air conditioning units, plumbing systems, electrical wiring, and structural components of a house.
Average salary: ₹7,40,000
4. Property accountants
Property accountants are a part of every business that handles real estate purchase, sales, and rental transactions. They are specialized to work in real estate and are therefore, required in industrial as well as corporate real estate companies.
Besides, the major roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- Prepare financial reports.
- Maintain a companies’ assets’ records.
- Prepare and ensure the accuracy of all ledgers, portfolios, accounts and balance sheets.
- Handle taxes, payroll, budgeting, and monthly expenses.
Average salary: ₹ 7,00,000
5. Real-estate brokers
Real estate brokers, real estate agents, or realtors are the people who represent buyers or sellers of a real estate or property. The only difference is that a broker may work independently, while an agent represents clients under a licensed broker.
Besides, the major roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- List houses for sale on the local, MLS, Multiple Listing Service
- Share the brokerage listings with other MLS broker members
- Share the listing commission with other buyer brokers
- Advise the home seller to prepare their home for listing and showings
Average salary: ₹2,75,000
6. Escrow officers
Escrow officers are the unbiased third parties who ensure that a real estate transaction is carried out correctly by a homebuyer, home seller, and any other real estate agent involved in the purchase of a home. Thus, they oversee the terms of a contract and are honored by all the parties.
Besides, the major roles and responsibilities of these professionals include-
Roles and responsibilities
- perform purchasing transaction of real property
- communicate escrow needs to property buyers
- secure the funds and hold the funds in an account until the parties meet certain requirements in the purchasing process.
Average salary: ₹5,04,980
7. Leasing consultants
Leasing consultants or agents work with tenants so as to find potential properties to rent. Thus, their major duties include taking tenants for viewing different properties, communicating the prices, terms, and conditions to clients, and negotiating sales and renewals.
The main roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- work with tenants for finding potential properties to rent.
- take tenants to view several properties
- communicate prices and terms to clients and negotiate sales as well as renewals.
Average salary: ₹6,67,106
8. Real estate loan officers
Real estate loan officers help one make significant financial decisions and obtain a mortgage loan. While comparing loan products from different lenders, they guide you to ensure that you are getting the best rates and fair fees.
The main roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- Assisting clients with completion of mortgage applications
- Inspecting completed documents for their thoroughness and accuracy.
- Reviewing loan applications and gathering credit histories and reports.
- Assessing the applicants’ capacity to repay and default risk.
Average salary: ₹2,50,000
9. Compliance specialists
The chief compliance specialists of an organization are the officers responsible primarily for overseeing and managing the regulatory compliance issues within a company.
Besides, the major roles and responsibilities of these professionals include-
Roles and responsibilities
- Develop, implement and manage an the compliance program of an organization.
- Coordinate with federal as well as state regulators.
- Plan, implement and oversee risk-related programs.
- Create and coordinate reporting channels for compliance related issues.
Average salary: ₹ 6,60,000
10. Mortgage collection managers
Mortgage collection managers usually oversee the financial collection department of an organization and are responsible for the proper invoicing of clients and ensuring timely payment receiving.
The main roles and responsibilities of these professionals are as follows-
Roles and responsibilities
- Contact customers and inform them of their overdue bills.
- Advise customers on their payment options and also suggest methods of payments.
- Negotiate suitable payment plans.
- Institute legal action in situations when customers fail to pay the debt.
Average salary: Rs.19,00,000
With this, we reach the end of the blog where we discussed the 10 highest paying Real Estate Jobs and Careers in 2022. Candidates from any background with an interest in dealing with real estate, consultancy, etc can apply for these promising job roles in this field.
We wish you all the best for your future endeavors!!
