Career Options for Real Estate Jobs for Stay-at-Home Moms
Many stay-at-home moms still want to work but need a job that allows them to work from a home office. Those with a real estate background or the desire to work in real estate have a few options they can choose from, though some jobs may still require some time spent out of the home. Below are some real estate-related jobs and information about each.
|Job Title||Median Salary||Job Growth (2014-2024)*|
|Real Estate Broker/Agent||$46,410* (2016)||3%|
|Leasing Agent||$35,700** (2017)||3% (for real estate & sales agents)|
|Online Real Estate Instructor||$56,423** (2017)||4% (for career and technical education teachers)|
|Real Estate Appraiser/Assessor||$51,850* (2016)||8%|
|Mortgage Loan Processor||$41,420** (2017)||8% (for all loan officers)|
Sources: *U.S. Bureau of Labor Statistics, **Payscale.com
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Career Information for Real Estate Jobs for Stay-at-Home Moms
Real Estate Broker/Agent
Real estate brokers and agents aid clients in the selling or purchasing of a house, condo or apartment. Brokers are licensed to run the business, while agents work directly for an agency headed by a broker. While some real estate brokers and agents work for larger companies, many work from home offices and are self-employed. Much of the work of an agent or broker can be done remotely, but they will have to venture out to show properties to clients. A high school diploma is required to work as a broker or agent, and both agents and brokers will need to pass a licensing exam after taking certain real estate courses.
Large real estate companies often run rental properties such as apartment complexes. Stay-at-home moms can find work as leasing agents who help property managers market their properties and troubleshoot problems at those rental properties. Their job may be to contact the proper authorities to address service situations, repairs, or payment problems. These jobs only require a high school diploma and some customer rep training for the real estate company, though some property management companies prefer to hire those with a bachelor's degree.
Online Real Estate Instructor
Stay-at-home moms who are licensed real estate agents and want to continue working from home could teach online courses. Instructors typically need a college degree and are expected to prepare lessons, use internet education programs to post the prepared lessons, give assignments and grade papers. These courses could be taught for a community college or independently for a real estate company.
Real Estate Appraiser/Assessor
Appraisers and assessors utilize their expertise to analyze land and buildings for up-to-date values. They spend time verifying legal descriptions and preparing written reports. They often make visits to a property and possibly may take photos. Appraisers and assessors must keep up with changing trends in the land market as prices fluctuate due to changes in the economy. While both positions have similar responsibilities, they differ in a couple of distinct ways. Appraisers typically specialize in either commercial or residential property, and they only work with a single property. Assessors, on the other hand, can work with multiple properties in a given location, and they determine the property's value for tax purposes. The education requirements for these positions may vary from state to state. In most cases appraisers need at least a bachelor's degree, and licensing may be required depending on the type and value of the property being appraised.
Mortgage Loan Processor
Mortgage loan processors recheck all pertinent materials in a mortgage contract before turning things over to an underwriter. If anything is out of place, then the processor will work closely with the escrow and title companies, loan company, and others to make sure all conditions are met. They will work with the property buyer to take a financial history once interest rates have been set by the loan institution. Mortgage loan processors normally have a high school diploma and are well aware of specific financial regulations.