Posted by admin | Posted in Real Estate | Posted on 31-01-2010
I have been in the real estate market for about 7 years. I started as a Loan Coordinator, then credit officer/assoc. underwriter, call center manager, Product manager. The market is slowly disappearing, I’m unemployed now. I think I should try another field, maybe Financial planning. I don’t know if this market is already saturated, with other fellow real estate professionals. The market is only going to get worse, what should I do?
I have a friend that moved to brokering heavy equipment sales and leasing. He seems to be living very comfortably on the income. If you already have contacts as an underwriter and loan coordinator, you’re already half-way there. You need only start developing a customer base.
As the economy gets worse, there is less and less of a need for financial planners, since people have less money for “tomorrow.”
You may be better off seeking a job in banking, since banks are major real estate lenders and always will be.
Good Luck!