Real estate is a sector of activity that encompasses many professions and offers numerous career opportunities. Among the various options available to you in this area, new real estate is a particularly interesting branch.
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Why do you want to work in new real estate?
Working in new real estate has many advantages. First of all, it is a constantly evolving sector that offers many development opportunities. As its market is constantly evolving, more and more future projects are to be considered, and therefore more work to be done.
In addition, working in new real estate allows you to participate in innovative and modern construction projects. New buildings often feature advanced technologies and elegant designs that make them exciting to build.
Finally, new real estate offers you the opportunity to work with professionals from different sectors, such as architects, engineers, urban planners and designers, allowing you to develop strong collaborative and teamwork skills.
What are the differences between working in new real estate and working in old real estate?
Working in new and old real estate has important differences. First of all, new real estate offers a greater variety of projects, whereas old real estate is often limited to renovation or restoration projects.
In addition, new real estate projects are often more focused on modern technology and design, while older real estate projects are more traditional. This means that new home professionals are generally up to date on the latest trends in design and technology.
Finally, new real estate projects are more creatively stimulating, as they offer many possibilities in terms of customization and design.
What are the professions that allow you to work in new real estate?
New real estate offers many opportunities. For example, there are real estate developerswho are responsible for the planning, design and implementation of new real estate projects. They work with a variety of professionals, such as architects, engineers and planners, to ensure that real estate projects meet the needs of clients and the standards in place.
Then there are the sales people who are responsible for the sale of new real estate. They work with potential clients to introduce them to real estate projects, provide information on the various options available and help them choose the property that best suits their needs.
There are also real estate agents who work with real estate developers to market and sell new properties. They are responsible for setting up advertising campaigns, organizing visits and negotiating sales contracts.
Finally, project managers are responsible for coordinating all activities related to the realization of new real estate projects. They work with the various professionals involved in the project to ensure that everything goes according to plan and budget.
How much do you earn when you work in new real estate?
Salaries in new construction vary depending on the job, experience and geographic location.
- Real estate developers can earn significant salaries, depending on the size and complexity of the real estate projects they manage;
- Directors of new real estate projects have an average salary of between 70,000 and 120,000 euros per year, while managers of new real estate programs can earn an average of between 40,000 and 70,000 euros per year;
- Sales people and real estate agents can also earn interesting salaries, varying between 30,000 and 50,000 euros per year, depending on their experience and their network of contacts.
Overall, new home professionals can expect attractive salaries, depending on their expertise and experience.
How to work in new real estate after studying real estate at INSEEC?
If you are a graduate of a business school with a real estate specialization, like INSEEC and you want to work in new real estate, there are many options available. First of all, you can apply for assignments (internship or apprenticeship contract) in real estate development companies to gain experience and develop your network of contacts.
- BTSReal Estate Professions. The BTS Professions Immobilières is a national diploma recognized by the State.
- Bachelor’s degree in Real Estate Transactions and Property Dealers
- Bachelor’s degree in Financial, real estate and insurance products in Paris
- MSc Real Estate Management
- MSc Wealth Management and Real Estate Markets
Then, you can apply for positions as sales representatives, real estate agents or project managers. You can also consider starting your own real estate development company if you have the experience and skills.
Finally, it is also possible to continue your education by taking continuing education programs or obtaining professional certifications to develop your skills and increase your chances of success in the new real estate field.Updated 17 May 2023