You Need to Know the Pros and Cons of a New Career in Real Estate

Published on: 02 February 2019 Last Updated on: 27 July 2022
Real Estate

Will a career in real estate work for you? It can be an exciting and challenging career change. Deciding on whether or not a real estate career will work for you depends on your personality. You will discover a new level of independence at work and there will always be new challenges.

Before you dive in, consider some of the pros and cons of a career in real estate.

Pros of Becoming a Real Estate Agent:

1) Money – Real estate agents work on a commission. Whenever you sell (or help your clients buy) property, you earn a percentage of that sale. Given that property is usually the most expensive purchase and investment the average family makes, that’s a large chunk of change. There’s no salary cap. If you can find a way to make a million dollars on commissions, there’s no one to put a cap on your earnings the way there would be in a salary job.

2) You’re Your Own Boss – Working as your own boss, you’ve got an unprecedented level of freedom to come and go as you please and vacation when you want.

3) Excitement – Real estate agents are constantly on the move. They’re always out there meeting new people and making new deals. If you’re the type to get bored at a desk job where every day feels the same, a real estate career will shake things up.

4) Knowledge & Experience Pay Off – The more you know, the more you sell. If you love to learn new things and experience more, it’s a career path that will pay off. You will have the chance to become an expert, not just on a neighborhood or types of property, but how to work with people and make sales.

Cons of a Real Estate Career:

1) Getting Started – The flipside of working in a commission-based industry is that it takes time to get started. If you’re working for yourself, there’s no one to pay your salary when you’re not making sales. It will take time before you can find clients and make sales, so be prepared financially to survive until you get the ball rolling. Many people start off part-time until their careers develop.

2) You Need Discipline – The downside to working as your own boss is that you need discipline. No one’s going to make sales and put money in your pocket if you’re spending all your time at the beach.

3) You Need to Know when to Take a Break – For others, the problem might be the exact opposite. If you’ve got a workaholic streak, you’ll need to discipline yourself to put the work away when it’s time to rest and recharge. Find a way to disconnect from your job and relax.

Real estate can be an incredibly rewarding career if you’ve got the personality to thrive in an environment where you’re independent and constantly meeting new challenges. Earning your real estate license is something you can do quickly and cheaply. With online real estate schools like RealEstateU, it doesn’t take long to start getting your real estate license.

Don’t worry if you’re not an expert in homes or home renovation. Your ability to tell whether a home has hard or soft water will not determine your success as an agent. The ability to work with people, work hard and go above and beyond for your clients will ultimately matter much more! However, the more knowledgeable you are in all facets of real estate, the better you will be at ensuring your clients make educated, long-term decisions.

Once you sign up for online real estate classes, you’re free to complete them at your own pace. They will prepare you for your state real estate license exam, and most states require you to complete the courses before you try writing the exam. With online real estate courses from real estate, you get all the resources you need to succeed at your exam, including video/audio lectures, a 200-page PDF textbook, and lessons from top real estate experts.

Get started on your career change today. Sign up for online real estate classes and be your own boss.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Is marine transportation a good career path

Is Marine Transportation A Good Career Path?

If there is something that young adults worry about, then it is hands down their career and future. And speaking of that, there is one question that I have frequently come across in my life. It goes something along the lines of "is marine transportation a good career path?" If you are someone who is thinking about having a career in the marine industry, then this article is for you. Want to know more about marine transportation and whether Transportation is a good career path or not? If yes, then keep on reading this article till the end… Overview Of The Industry  The maritime sector presents numerous prospects for advancement and is an exciting and fulfilling area of work. Although it has been a part of the economy for centuries, this sector has expanded significantly in the last several years. One of the biggest and fastest-growing segments of the world economy is the marine transportation sector in particular. This sector of the economy includes cargo ships, cruise ships, ferry services, and all other forms of maritime shipping and goods transportation. It makes sense that so many people are interested in this exciting field. There is always something new to discover and learn in the maritime industry, given the growing demand for freight and marine travel services. Individuals who choose to work in this field should anticipate intellectual challenges as well as numerous opportunities for professional development. Salary For individuals who are enthusiastic about the sector, a career in maritime transportation can be very profitable. When making decisions about the future, it's critical to take into account the potential salary of a given profession. Let's examine a range of salaries for various job titles in the maritime logistics industry as of March 2023 to aid with this. The Bureau of Labor Statistics (BLS) reports that in 2021, the median annual wage for workers in the marine transportation industry was $62,768. Pay varies according to job title and location. Salary levels for the most sought-after jobs are typically higher than those for less desirable positions. Many people can gradually increase their salary with training and experience. It's crucial to take into account a variety of factors, including travel opportunities and personal interests, in addition to the potential salary when deciding whether or not a career in marine transportation is right for you. What Is Marine Transport? Also known as maritime transportation, it is a job that refers to the transportation of cargo or passengers through sea routes. Currently, it is one of the major ways of transportation when it comes to transporting goods. These goods can be anything. Some of the items that are transported through marine transportation are: Oil Spices Medicines Electronics Beverages Vehicles Machines It is undoubtedly one of the strongest sources of trading and transportation in the world when it comes to transporting heavy and bulky commodities. Moreover, it is still the backbone of the international economy and trading. So, if you are asking, "is marine transportation a good career path," the answer to that is positive. Skills: What Do You Need To Become A Part Of The Journey? Even if a particular job exists, you cannot just be eligible for the role. You need to have certain skills to be a member of that industry. The field of marine transportation is no exception to that rule. Here are the skills that you need to bag a job in marine transportation: 1. Communication Skills I cannot stress this point enough. You must be able to communicate with the crew members while you are on board. That is because, in the field of marine transportation, people come from different backgrounds. This makes it necessary for everyone to interact with each other. Therefore, it not only facilitates brotherhood but also ensures smooth functioning. 2. Mechanical Skills If you want to become successful in the field of marine transportation, it is important that you have knowledge about mechanical things. This skill will come in handy in times of need and urgency. That's the reason why it is necessary for all crew members on the ship, irrespective of their posts and ranks, that they have mechanical skills. 3. Vision (Eyesight) This is one of the most important things that you need to have is great eyesight. The fact that you are working in a shipping vessel, away from the land, makes it crucial for you to be able to see things afar. This is because you need to scout the horizon to notice the smallest changes. Job Types: What Jobs Can You Find In Marine Transportation? If you think that there is no variety in the field, then I would ask you to reconsider. There are a lot of jobs that you can find in the field of marine transportation. Some of them are as follows: Marine Engineer Port Engineer Port Captain Naval Architect Deckhand Employee Motor Man Employee Foodservice Oiler There is much more to this list, but here are the basics. Answering The Question, “Is Marine Transportation A Good Career Path?” Now, coming to the pain questions. Is marine transportation a good career path? The answer to that is YES, it is. If you are someone who loves to travel overseas and likes to explore, then you are going to love this job. At the same time, the payment or the wage in the field of marine transportation is also not that bad. The best paying jobs in the field of marine transportation are Vessel Captain, Marine Engineer, Naval Architect, Data Scientist, and Port Captain. If you are someone who is looking for a high paying job, then this might be the key for you. This is because, according to reports, the average salary of a Vessel captain (the one who is in command of the ship) is nearly 100,000 dollars USD. However, even if you want to settle for the role of a Port captain, you will still be able to have a comfortable life at home. The salary of the Post Captain is nearly 65,000 dollars USD on an average. In simpler words, marine transportation is a great career path for people who are looking for a secure future, a steady and good source of income, and the opportunity to travel overseas and over seas (get the pun?) Frequently Asked Questions (FAQs): Now that you have almost read the end of the article, I really hope that most of your questions have already been answered and cleared. If, however, there is still some confusion left, I would advise you to read some of the questions that users frequently ask. Q1. What Is Marine Transportation Management? The task or job of being able to manage and shift the rules and policies of the marine industry, specifically the marine transportation industry, regarding safety and other important points is called marine transportation management. Q2. Which Job Pays You The Highest? There are many jobs at present that can provide a high salary. Some of them are:1. Machine Learning.2. Medical Professionals.3. Data Scientists. 3. Is Marine Transportation A Risky Job? Even though it is true that marine transportation is a job that pays you well and also gives you the opportunity to travel overseas, it is still a little risky. That is because any problem that occurs in and on the ship or vessel can be life threatening to the crew. Bottom Line: Decide If You Want A Job In Marine Transportation! Marine transportation is one of the most stable jobs that you can apply for. But, at the same time, if you are looking for the opportunity to travel while earning a sufficient amount as salary, then marine transportation is the career that you should choose. In case you were looking for the answer to the question “is marine transportation a good career path,” I hope that you found this article to be of help. If there are any questions or doubts regarding the same, kindly write them down in the comment section below. Till then, Stay safe! Read Also: Is Capital Goods A Good Career Path? Is Precious Metals A Good Career Path Is Medical/Dental Instruments A Good Career Path How Many Jobs Are Available In Real Estate Investment Trusts?

READ MOREDetails
Nursing Field

5 Biggest Challenges in The Nursing Field Aspirants Should Know

The healthcare profession is brimming with obstacles and challenges, and the recent pandemic has further added to them. Medical professionals work gruelingly long hours to ensure patient well-being and safety. However, most of these obstacles and challenges are typically seen in a particular sub-division of the healthcare field: the nursing field. Undoubtedly, the nursing profession is not for individuals who are faint of heart. Moreover, to succeed as a nurse and perform your duties with utmost efficiency, you must have the drive, passion, and knack for helping people in need. Some challenges plaguing the nursing field include difficulty acquiring further education, understaffing issues, and overtime work. Likewise, workplace stress and hazard are also growing concerns for medical workers. Whatever issues the nursing field faces, nurses remain a vital part of the world’s healthcare workforce. They put other’s needs first and dedicate their entire lives to helping their patients. For instance, the Covid-19 pandemic also made us realize how essential nurses are. However, before you start a career in the nursing field, knowing about all the challenges you'll face while working is vital. So, let’s determine some of the biggest challenges in the nursing field that aspirants should know. 1. Difficulty continuing education The healthcare industry requires individuals to remain up-to-date with the latest medical practices, techniques, and procedures. However, as nurses serve as the first point of physical contact for patients, these medical professionals also need to polish their soft skills. Therefore, expanding your knowledge base and honing soft skills are critical components of becoming a successful nurse in today’s competitive healthcare setting. And to do such a thing, they must invest time and money in continuing education and obtaining advanced nursing academic credentials. Unfortunately, acquiring further education while working as a nurse is no cakewalk. As these healthcare professionals work for long, grueling hours, sometimes 24-hour shifts, taking out time for studies can be challenging. However, if you’re a nurse striving to climb the ladder to success and seeking career advancement, eLearning can benefit you. You can enroll in masters of nursing online programs and study with ease while managing your workload. An online nursing degree will provide you with the flexibility and convenience of learning from home or even work. 2. Overtime issues Due to high employee turnover and understaffing, aspirants need to be aware of overtime before diving into the nursing profession. Many nurses state that healthcare facilities utilize overtime to counter the after-effects of understaffing. Unfortunately, this usually leads to overworked nurses, resulting in medical errors, treatment inaccuracies, inaccurate diagnoses, driving away aspiring candidates from the nursing field altogether. That said, medical facility owners and healthcare leaders must focus on overstaffing issues and try to solve them with a different approach. A viable way to do this is by hiring more competent nursing staff. In addition, they must encourage aspiring medical students to give nursing a go over other health-related careers. After all, nurses are frontline warriors, working at the heart and soul of every healthcare organization worldwide. 3. Understaffing issues Short staffing is amongst the most common issues in the nursing field. An AMN Healthcare survey shows that about seventy-two percent of healthcare leaders say that they are understaffed in the nursing department. Not to mention, this issue is growing with every passing day, especially since the pandemic struck. Furthermore, the BLS states that there will be a demand for one billion nurses around 2022 due to the rise in diseases and viruses, and most importantly, Covid-19. Staffing issues usually affect patient health and safety and drastically lower the quality of care at healthcare facilities. Moreover, it can also result in increased injury rates, fatigue, and work pressure. 4. Workplace stress Healthcare professionals such as nurses and doctors face work-related stress and burnout, primarily stemming from the unpredictable nature of their work. It mainly affects nurses dealing with high-volume urban departments, senior care, acute psychiatric services, and more. Not to mention, excessive workload and fatigue are ever-present in every healthcare workplace. And nurses bear their fair share of burnout issues, as discussed above. That said, such a thing shouldn’t put off aspiring candidates. ANA, OSHA, and other government organizations work tirelessly to control workplace stress through education, guidelines, and regulations. After all, nursing staff shouldn’t have to deal with burnout, whether it is because of their workload or job nature. 5. Workplace hazards Every workplace in every field has its fair share of hazards. However, the nursing profession, in particular, faces more than usual. Some potential hazards include exposure to pathogens, injuries, contracting viruses, and other germs. Not to mention, these healthcare professionals are at constant risk of hazards from patients carrying the deadliest viruses. The Covid-19 pandemic serves as an unfortunate reminder of how working in the healthcare sector can prove fatal. Many nurses and frontline warriors lost their lives battling the virus and serving the ailing. However, it explains why nursing is one of the most prestigious professions of our era. Nurses devote endless hours and put their lives at stake to ensure the well-being of their community and people. Conclusion Recognizing the obstacles and the challenges that the nursing field contains is the first step. However, the second, and probably the most important, is overcoming these challenges to ensure you advance in your nursing career. After all, nurses are crucial to every healthcare facility out there. There is no better way to help humankind than to take up the nursing profession. That said, you might find it challenging to overcome these obstacles initially. But if you remain persistent and focus on your end goal, you’ll reap countless rewards. Read Also: American Healthcare and its Woes How To Prevent Burnout As A Travel Nurse With These Simple Self-care Strategies

READ MOREDetails
Good Interview Questions to Ask

Land The Job! 51 Good Interview Questions to Ask Your Employer

The interviews are primarily unnerving for the job seekers. However, the situation worsens when the interviewer turns the tables and asks, “Do you have anything to ask me?” The hiring managers often feel amazed that many candidates don’t even use such opportunities.    I know that receiving a job offer can be very exciting, especially when you are eagerly waiting for the role. Moreover, many candidates put more focus on impressing the interviewer. This way, they fail to get the necessary information that can help them to ensure that the job role is right for them.   In this article, we will discuss the importance of asking questions to an interviewer. We will also discover 51 good interview questions to ask an interviewer to make an informed decision. 51 Good Interview Questions To Ask An Interviewer   When you reach the end point of the interview, the interviewers seem to be done with their questions and ask you, “Do you have any questions to ask?” Don’t get startled because the interviewer is trying to open the floor for you. Thus, it is very necessary to plan good interview questions to ask. Read on… Questions About The Specific Job Role   When you get the opportunity to ask your interviewer questions, always ensure that you have enough information about the day-to-day tasks for now and in the future. These can help you to make informed decisions before you get the shift shock or the sting of a toxic workplace. 1. What does a day or a week look like when you are in this role? 2. Is there any project that needs to be addressed immediately? 3. What skills and experiences are you seeking in an ideal candidate? 4. How does this job role contribute to the company’s success? 5. What are the big challenges one might face in this role? 6. Can you tell me about the projects I’d be working on?   7. What kind of budget will I be working with? 8. Are the main responsibilities for this role going to change in the next five years? 9. What attributes one might have to have to succeed in this role? 10. Is this any kind of new role, or will I take over the place of an employee who is leaving? Questions About The Team You Are Going To Work With Asking questions about the team you will work with helps you determine the team dynamics. Read how you can fit yourself into that particular team. Thus, you can ask the following questions to understand the team you will work with. Here is the list of good interview questions to ask your interviewer, 1. Who is going to be my reporting manager? 2. How many people are there in a particular team? 3. What is the leadership style of my direct reporting manager? 4. How does the team practice inclusivity and diversity? 5. Is there anyone on the team from whom I can seek guidance? 6. Are there any projects the team is currently working on? 7. Can I meet the team members before I start? The Questions You May Ask About The Company Before you leave the interview space, why don’t we try to learn a bit about the place where you might work? Working in a company doesn’t mean you only have to complete your day-to-day tasks. You are most likely to enjoy your work once you start to find like-minded people around you who are also walking in the same direction. Here are some good interviewer questions to ask your employer… 1. I have read a lot about the company’s foundation. Can you please tell me more about the company’s development? 2. What direction do you think the company is heading in the next five years? 3. Can you tell me about plans and products for the ultimate growth? 4. What are the current goals the company is currently focusing on? 5. What is the most exciting thing about the company’s future? 6. How does the company maintain its value? 7. What does the company value the most? 8. Since the starting day, what changes has the company made to meet the market demand in this ever-changing market? 9. How do the employees shape the company's value? 10. Does the company suffer from a high turnover rate? Questions To Ask About Training As Well As Professional Development The process of professional development is one of the great ways to increase the overall knowledge in your field or the specific role you are working in. Thus, you can ask the following questions to explore how the company manages the employees and their personal development. 1. What kind of training can I expect during onboarding? 2. Does the company provide scope for in-house professional development? 3. Will the company support attendance at industry-related conferences? 4. Does the company provide support to help employees obtain further degrees? 5. Are there any mentors on staff? 6. Does the company offer any kind of incentives for the completion of new skills? 7. Does the company provide sponsorship to help employees continue their education? 8. What training programs are available for the employees? 9. What is the common route of career growth the company offers? 10. Can you please describe the ideal candidate for the role along with their traits, skills, and interests? 11. How frequently does the company conduct a performance review? Best Smart Questions For The Interviewer   Apart from asking questions about the company, its employee management, and company culture, you can also ask questions about the interview, such as, 1. What are the next steps of the recruitment process? 2. Is there any kind of parameter that is going to be used for the final decision? 3. Can you provide me feedback if I get rejected? The Necessity To Ask Important Questions To Your Employer   When you ask your employer questions, it shows that you want to know more about the company and its operations. Asking an interviewer questions can also help you learn more about the designation or whether you will fit that specific role. On the other hand, if you have questions to ask an interviewer, it can show that you have thought enough about the position, which can help you to decide on your future career.    The Questions That You Must Avoid To Ask Your Interviewer Here are a few questions that you should not ask during or at the end of your interview: What is the starting salary range? Does the company provide any kind of health insurance? What are your policies related to paid leave? During the interview, you must avoid asking about the salary or the benefits of the process. It is too early to negotiate, and you still don’t know about the entire territory. So, consider asking about the salary and benefit-related questions once they offer you the position. Read Also: Building Your Conceptual Skills A Guide for Career Growth 7 Proven Tips To Leave A Lasting Impression On Your Interviewer Best LinkedIn Recommendation Example – How to Write a Great LinkedIn Recommendation

READ MOREDetails