Multiple studies have found that real estate agents have high job satisfaction rates. One survey noted that real estate agents are 17% more satisfied in their careers than workers in other industries.
One reason is that the real estate industry presents various opportunities for agents to explore, allowing them to grow and expand their network as they close deals.
You might be wondering, “What gives real estate agents job satisfaction?” In this post, we will explore why the real estate agent career is considered one of the happiest jobs in all industries.
6 Reasons Being a Real Estate Agent is the Happiest Career
Real estate agents find the job a rewarding experience, and many might wonder why. Read on to learn about the factors that contribute to the overall job satisfaction among real estate agents.
1. You help people make one of the most important financial decisions of their lives
Working as a real estate agent allows you to assist people in making one of the most important financial decisions of their lives. This is especially true if you’re working with first-time buyers. You’re helping them find a home they will create memories in for years to come.
Being a real estate agent also allows you to guide people in buying a new home in crucial stages of their lives. In some cases, some may be going through a separation or grieving the recent loss of a loved one, making them vulnerable. In this instance, you can guide them through the process of finding a home to start a new life.
2. The flexible schedule allows for work-life balance
Being a real estate agent allows you to balance your professional and personal life, thanks to the flexibility of schedule that the job offers. You can decide how many hours to work each week and you have the freedom to work as much or as little as you see fit. This makes it easier to juggle several responsibilities, such as family, friends, school, and side projects.
The results of a survey participated in by about 1,000 real estate agents show that 93% of the respondents agree that a real estate career offers good flexibility. Meanwhile, 81% said they have control of their work hours.
3. In real estate, there’s no cap on your income
Unlike most conventional eight-to-five jobs, real estate is not dictated by an hourly wage or a company-determined salary range. If you facilitate a significant transaction or close more deals, there is potential to keep earning more.
According to the same survey, 86% of agents agree that real estate offers them good earning potential. In addition, 38% feel they are making more money than they expected. In fact, the respondents reported earning their highest income from being a real estate agent.
4. You are your own boss
Not having to answer to a boss can be a liberating experience, and when you work as a real estate agent, you’re in the business for yourself. You get to call the shots, from creating your annual budget to facilitating lease agreements.
Working in the real estate industry means being an independent contractor who controls the entirety of your business. You will be solely responsible for making important decisions. You dictate how high your success ceiling can be, resulting in a virtually no-limit growth.
5. Every transaction is a different learning experience
The real estate agent job offers various learning opportunities and experiences, especially since the industry continues to evolve. The market is always changing, and no two days are the same.
Thus, every transaction provides a different experience. The clients and properties constantly come and go, and your tasks each day are rarely repetitive. According to a survey, this is one contributory factor in the job satisfaction experienced by real estate agents.
Moreover, joining real estate associations unlocks new areas of real estate knowledge. It allows you to be updated on the latest laws, regulations, and best practices in the industry, which help develop your real estate skills.
6. Growth opportunities await you
Opportunities like becoming a broker, exploring commercial real estate, and becoming a real estate investor are all possible in the real estate industry. Unlike other sectors, you’re not bound to remain a real estate agent throughout your career.
When there are various paths you can take, there is a lot to strive for. This leads to your day-to-day work feeling less constricting and reducing the potential of career burnout.
Real Happiness in Real Estate
The real estate industry offers plenty of benefits and exciting opportunities. From work-life balance to career growth, the experience is truly incomparable.
If you’re looking to start in the real estate industry, be sure to find a reputable real estate broker who can help you maximize your potential.