Real estate interns primarily work to gain experience and build their resumes. They work with real estate brokerage firms or a property management company. Like most internships, the duties may not fully reflect the work in the industry. Most real estate interns begin by doing administrative tasks and slowly work up to more responsibility.
A day in the life of a real estate intern may include answering calls, making copies, filing, and preparing reports. Some interns may also research properties, create a listing that meets specific criteria, and prepare paperwork.
Real estate interns may also set up client and investor meetings for senior agents. It's also common for an intern's duties to deviate to everyday tasks like getting coffee and picking up mail.
To become a real estate intern, you need a relevant degree and a general knowledge of real estate. You must also have the appropriate research and writing skills.
There is more than meets the eye when it comes to being a real estate internship. For example, did you know that they make an average of $14.68 an hour? That's $30,528 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 32,400 job opportunities across the U.S.
There are certain skills that many real estate interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed business skills, problem-solving skills and interpersonal skills.
When it comes to the most important skills required to be a real estate internship, we found that a lot of resumes listed 14.3% of real estate interns included real estate, while 11.9% of resumes included financial statements, and 9.6% of resumes included powerpoint. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the real estate internship job title. But what industry to start with? Most real estate interns actually find jobs in the finance and real estate industries.
If you're interested in becoming a real estate internship, one of the first things to consider is how much education you need. We've determined that 73.6% of real estate interns have a bachelor's degree. In terms of higher education levels, we found that 14.3% of real estate interns have master's degrees. Even though most real estate interns have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a real estate internship. When we researched the most common majors for a real estate internship, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on real estate internship resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a real estate internship. In fact, many real estate internship jobs require experience in a role such as internship. Meanwhile, many real estate interns also have previous career experience in roles such as marketing internship or sales associate.