Mihaylo Career Services SGMH 1409 • mihaylocareers@fullerton.edu • (657) 278-8738 • business.fullerton.edu/careerservices Career Resource Guide: Finance – Real Estate Jobs in the real estate field are varied, ranging from title insurance, construction, mortgage banking, property management, real estate appraisals, brokerage and leasing, and real estate development. In addition, many are engaged in corporate real estate and in real estate For current list of career path advisors please visit: business.fullerton.edu/stude ntservices/careerpath.html lending in commercial banks, savings and loans, and insurance companies where their jobs are included in counts of jobs in the real estate sector. Over a third of the world's wealth is tied up in real estate. Real estate is collateral for mortgages and a large amount of financial assets. Of course, at present, the markets are weak in housing and real estate but this field is not going away. It is also worth recognizing how interesting jobs in real estate are. Real estate professionals are tied to the development of our society in a very direct way and participate in decisions that will shape the way we live for centuries. Source: http://www.careers-in-finance.com/re.htm Sample Job Titles: Entry-Level � Residential Real Estate Agent � Commercial Real Estate Sales Associate � Junior Leasing Agent � Associate Investment Sales Broker � Real Estate Appraiser Mid-Level � Real Estate Manager � Mortgage-Backed Securities Analyst � Investment Analyst – Real Estate Skills/Experiences Required: � Quantitative and Analytical Skills � Understanding of Basic Finance and Financial Modeling � Negotiation Skills Pinnacle � Director of Real Estate � Appraisal Manager � Senior Property Manager � Sales Skills/Experience � Customer Service Mihaylo Career Services SGMH 1409 • mihaylocareers@fullerton.edu • (657) 278-8738 • business.fullerton.edu/careerservices Career Resource Guide: Finance – Real Estate Starting Salaries/Trajectory*: NACE 2012 average starting salary: not available BLS 2011 average salary: $59,340 – Real Estate Broker $39,070 – Real Estate Sales Agent $52,510 – Real Estate Manager $48,870 – Real Estate Appraiser *Note: Salaries are highly dependent on location, company type, and candidate experience/education. For the purposes of this guide, we are providing average starting salaries as determined by the National Association of Colleges and Employers (NACE), overall average salaries as determined by the U.S. Bureau of Labor Statistics (BLS), as well as supplemental information found from various industry-specific sources. Professional Associations/Certifications: � American Real Estate and Urban Economics Association � Real Estate Finance Association (REFA) � International Association of Corporate Real Estate Executives � Urban Land Institute (ULI) � National Association of Realtors Industry Research and Tools: � � � � Careers-in-Finance.com/re.rtm Investopedia.com Realestatefinanceintelligence.com Realestateexpress.com Job and Internship Search Sites: � Realtor.org/realtororg.nsf/pages/careers � Selectleaders.com � Ihirerealestate.com Employers Hiring Our Graduates: About this guide: This resource guide is intended to provide an introduction to the industry and relay a sampling of the resources available to candidates. It is by no means comprehensive, nor intended to replace individual research based on specific job targets and/or recommendations from an advisor.