Why real estate remains a safe bet for a sustainable career

Despite the economic crisis and all kinds of upheavals, real estate remains a dynamic sector in terms of job creation. Better still, it is slowly but surely beginning to integrate environmental and social issues into its practices in order to adapt to the world of tomorrow. Careers, salaries, challenges, developments... Focus on the real estate sector and its professions that guarantee stability and challenge!

Real estate offers a variety of opportunities

While real estate agent is the best-known profession in the sector, there are many others. Real estate offers a wide variety of professions in three main areas: management, promotion, and transactions.

Real estate transactions involve the sale and purchase of property between owners and buyers, whether individuals or professionals. These various transactions involve a number of administrative and financial procedures, often requiring the involvement of several real estate professionals: real estate agents, real estate agency managers, real estate negotiators, and real estate brokers.

Real estate management also encompasses several professions, such as property manager, also known as property administrator (appointed by an owner to take charge of managing a property), real estate lawyer, etc.

Real estate development refers to the construction and promotion of properties. It encompasses various professions such as real estate developers (responsible for supervising all stages of a real estate project), land developers (responsible for finding land and preparing it before construction begins), program managers (responsible for managing a construction project from start to finish), land prospectors, real estate development managers, and more.

These different professions can be practiced within various structures: real estate agencies, property management firms, construction and development companies, corporate real estate departments, etc.

Real estate: a dynamic and people-oriented sector

The real estate sector stands out for its dynamism in the job market and its wealth of human contacts.

A sector that is hiring

In France, around 260,800 people work in real estate. This sector does not seem to be affected by the crisis, despite the current economic climate. Companies are always on the lookout for new talent throughout France. Given that some sectors only recruit in large cities, being able to find a job in any region of France is a significant advantage for candidates. Furthermore, real estate meets a vital and enduring need: housing. The French will always be looking for housing, and more and more property owners want support in managing their assets. This partly explains why real estate is resistant to crises and continually offers new job opportunities.

Professions rich in human relations

While certain professions are threatened by new technologies such as AI, the human touch in real estate is irreplaceable. The human touch is one of the key characteristics of the real estate sector. Contact with clients is a daily occurrence for all real estate professionals. Listening to clients, responding to their various needs, identifying their expectations, and helping them to realize their real estate projects are some of the main tasks of real estate specialists. This is all the more rewarding because you are supporting your clients through important stages in their lives: buying a house, renting their first apartment, investing for retirement, etc. While some professions, such as real estate development, may seem to require less contact with end clients, it is nevertheless necessary to understand the expectations of future residents by showing empathy.

Real estate offers attractive salaries

Real estate guarantees attractive earnings, regardless of the profession chosen. For real estate transactions, however, it is important to note that there is generally no fixed salary, but rather commissions on properties sold (5% to 7% of the total price).
To give you an idea, here are some salary estimates:

Real estate agent: between €18,000 and €45,000 per year.
Real estate negotiator: between €36,000 and €60,000 per year.
Condominium manager: between €40,000 and €70,000 per year.
Real estate developer: between €40,000 and €100,000 per year.

Note that salaries in real estate vary depending on your level of education, experience, and career aspirations. You should also consider benefits such as commissions and performance-related bonuses, which can significantly increase your income.

Real estate is a rapidly changing sector

To address environmental and social challenges, it is becoming essential for the real estate sector to adopt a more ecological and responsible approach, whether in the renovation of old buildings or the construction of new housing. With the entry into force of the RE 2020 standard, residents' comfort is increasing and the carbon footprint is decreasing, making way for greener and more economical housing. New training courses are emerging to enable future real estate professionals to understand the new standards in insulation and the environment.
In addition, the real estate sector must also adapt to technological advances, particularly the digitization of professions and AI. New practices are gradually emerging, including virtual reality and smart property management systems, creating new professional opportunities.

Training courses for a career in real estate

The real estate sector recruits candidates with a minimum of two years of higher education, such as a BTS (vocational training certificate) in real estate professions. To access positions with greater responsibility, it is generally necessary to have a master's degree from a university or specialized school.
The IMSI school, located on The Land campus in Rennes, offers several comprehensive and professional training courses:
Bachelor's degree in Real Estate Management and Negotiation.
MSC in Real Estate Services Management.

What is the aim of the courses offered by the IMSI school in Rennes? To enable students to enter careers in property management, transactions, consulting, investment, and development, in both residential and commercial real estate.
There are many career opportunities: real estate negotiator, rental or co-ownership manager, land prospector, real estate negotiator, sales director, development manager, wealth management advisor, real estate expert, and more.

Between innovation, sustainability, human contact, and challenge, the real estate sector guarantees a promising career aligned with the global issues of tomorrow. Regardless of the profession chosen, specialized training is necessary to acquire the essential skills.