Do you fancy a role in the property industry, but aren’t sure which particular position you’d like? It’s certainly an exciting and fast-moving industry, and there are plenty of different roles to choose from.
From developing a property from scratch to managing a portfolio of apartments, and even designing the interior of a show home, we’ve listed some of the most common jobs within the industry, along with what you can expect to get paid for your time in the role:
Estate Agent (senior) – £18-25K (basic)
This is typically an office-based, 5-day week position, where you’ll usually be expected to work one weekend (with a corresponding week day off in lieu).
The role includes valuing period houses and new developments (depending on where you’re based) and creating good relationships with local developers and landlords. Knowledge of successful sales negotiations is also very valuable.
Property Accountant – £26-32K
As a property accountant, you’ll be responsible for producing the likes of ‘actual and budget’ comparison sheets, as well as squaring profit & loss accounts. Other roles include responding to tenant’s financial queries, meeting with asset managers and attending site meetings on occasion.
Property Lettings Manager – £32
You could be working in an online or on-site property consultancy and handling a portfolio of residential properties. A typical property manager is responsible for ensuring maintenance issues are resolved quickly, as well as making sure the properties themselves comply with any legislative changes. Generally making sure properties, tenants and clients are happy with how things are running.
Interior Designer (property development) – £37K
An interior designer will be expected to showcase a home in the development to a very high standard in order to impress buyers. She or he will source and layout furniture – together with fixtures and fittings – with a particular budget and time scale. The designer will be expected to be able to furnish the apartment/home to appeal to a particular market segment. They will also be expected to produce example designs using CAD, Photoshop, InDesign and other relevant software packages.
Project Management (property development) – £47K
As an engineer, you will support key phases of the property development, especially the infrastructure, layout and utilities. The role includes dealing with, and monitoring, work by external consultants and well as providing support to the building teams during construction. Support with road and sewer management following construction is also usually part of the role. Performance payment can often be part of the salary package too.
Property Sourcer – £100K (average)
Property sourcing is a lucrative business. Property sourcers, source, package and sell investment properties to investors. There is also the opportunity to be involved in joint ventures with investors in return for a share of the profits. This can be especially lucrative on small to medium developments.
As you can see from the above, property sourcing is the job where you can earn the most cash. It’s also incredibly satisfying being able to find exactly the right property for your clients and vice versa.
Another plus point is that it’s not office-based, and with a Sourced franchise you don’t require staff or have overheads of a place of work. As far as some of the sourcers here are concerned, it doesn’t even feel like a job!