2007-01-25 04:17:57 · 4 answers · asked by janyuere2 1 in Business & Finance ➔ Renting & Real Estate
There are a whole herd of people that go into making the real estate business run. Here's some to start you off:
Mortgage Broker (ie, the guy who owns the brokerage and has loan officers working for him)
Mortgage Banker (works for an in-house lender, like Countrywide or Washington Mutual)
Loan Processor
Funder/doc drawer
Escrow closer
Title officer
Title Clerk/ runner
Title Examiner
Home Inspector
Underwriter
Compliance Officer
Fraud investigator
Due dilligence
Post Closing
Inside sales reps (for things like title, wholesale mortgage companies, even software)
Everybody needs and IT guy
2007-01-25 04:57:34 · answer #1 · answered by tiny_dog10 2 · 0⤊ 0⤋
I am a mortgage broker in the NYC Metropolitan area. I enjoy what I do because I can make my own hours and the compensation is very competitive. Depending upon the average cost of a property in your area you would only need to close 1-3 deals each month to maintain a comfortable lifestyle. There will always be a need for money, hence there is an inexhaustible demand for what a mortgage bank such as mine does. Finding the niche in a particular RE market and reaching it is the most challenging part of my work.
I work regularly to meet the needs of other players in the real estate industry including but not limited to lawyers, brokers, appraisers, investors, accountants, construction contractors, superintendents, rental agencies and landlords in order to serve my clients efficiently and effectively.
Hope that you found this helpful. All the best in your search.
2007-01-25 12:38:26 · answer #2 · answered by Lex L 1 · 0⤊ 0⤋
Sure, there's support staff to do tasks for the brokers.
2007-01-25 12:25:32 · answer #3 · answered by Kacky 7 · 0⤊ 0⤋
Goodness, yes! Less training: support staff, maintenance.
More training: property management, title company, education...
2007-01-25 12:30:27 · answer #4 · answered by leaselg 1 · 0⤊ 0⤋