A real estate management course is one course that contributes big-time to your management skills. The course is not very famous amongst the youth. However, it is slowly gaining the required amount of popularity. The real estate industry is enormous, and so are the career options. There is a pool of courses and specializations you can choose from. The industry is always evolving and the demand for experienced and credential professionals. An MBA in real estate management in India is one of the overarching career opportunities.
For those who are not aware of the career options in Real Estate Management, here are a few options to look at in Mumbai:
Real Estate Broker
There is not much difference between a real estate broker and a real estate agent. Even though the two terms are often informally used interchangeably. The main difference between these two is that a broker is a licensed real estate officer who has taken the required education and qualification to manage a proper real estate office with various clients in hand. Being a real estate broker, you will build your career path to being a manager and grow with it.
Commercial Real Estate Agent
When we talk about commercial real estate agents, it is natural to think of big organizations and places. However, the real estate industry has mostly seen the residential agents growing, but now is the time when even the commercial agents are making their move.
A commercial estate agent can include more research than a residential agent. A commercial agent is always helpful in choosing secure locations.
Real estate investor
Real estate investor has two categories, active and passive. An active real estate investor would support the work of another investor/contractor who is buying a property for resale. Whereas a passive investor is someone who is going to put money in a real estate project without having much involvement in the daily management of any project.
Therefore, even if you do not have proper funding, you can still settle in your career and become an investor.
The role of a property manager is making sure that any kind of property is it residential, commercial runs smooth and is also helping in making money for the owner. When it comes to residential property, it means wearing a lot of hats, be it of the leasing agent, repairmen, or just an acquaintance.
From rent responsibilities to the tenant’s responsibilities, basically, all the supervising responsibilities are under the property manager. Property managers are also responsible for managing the overall budget of the building and overlooking all the important records in place.
If you also want to pursue an MBA in real estate management then apply at RICS. The course is designed in a way to teach you business development, and a balanced mix of managerial and technical competencies. RICS also provides MBA in real estate management course in Mumbai. For more insight into their course, visit their official website.