As President of the Prime Capital Corporation, a real estate enterprise based in Houston, Texas, Jerald Turboff provides brokerage, consulting, development assistance, and other services to Texas’s residential and commercial markets.

Industry stakeholders expect a combination of factors, including low mortgage interest rates and a rise in new home construction, to buttress sales and help grow the formerly stagnant San Antonio housing market. According to individuals with the San Antonio Board of Realtors, home sales may increase as much as 15 percent in 2013. Further, while home values climbed almost 3 percent in 2012, this year could bring an even greater rise.

The most up-to-date information on San Antonio’s housing market dates from January to November 2012, during which home sales increased more than 10 percent to 18,343 compared to the prior year’s 16,631. If that trend holds for 2013, it could precipitate economic gain not only for real estate professionals but also for the construction and the construction-supply industries.


Careers in Real Estate

November 12, 2012

Posted at Public DomainPeople embarking on their professions, as well as those seeking to change their employment paths, often think about pursuing careers in real estate, and the career path can provide a great future. Employment in this field opens up a world of opportunity for growth and advancement. In fact, a real estate career offers unlimited potential, with the added advantage that achievements directly reflect the effort expended in the work. Below, read about just a few of the careers you can pursue as a real estate professional.

1. Residential Brokerage: When they consider a career in real estate, most people picture a residential broker, also known as a residential real estate agent or realtor. A residential broker assists in the process of buying and selling homes. You must acquire a license, and you need a good knowledge of area markets, real estate law, and mortgage financing to pursue this career.

2. Commercial Brokerage: A career in commercial brokerage involves brokering the sale of business and income-producing properties including apartment buildings, shopping centers, factories, and warehouses. Working as a commercial broker requires knowledge of local zoning and laws, as well as extensive knowledge of the local economy.

3. Land Brokerage: Land brokers typically deal in acreage for farming and commercial expansion. Brokers may need specialized knowledge of farming economics and zoning laws.

4. Appraisal: Real estate appraisers assess the current value of properties based on a variety of factors, such as local markets and historical information. Understanding of current market conditions, as well as finance and accounting knowledge, remain essential for this career.

5. Property Management: Property managers, who maintain real estate assets for owners, need a good understanding of the type of properties they manage and may require business management skills as well.