Switching roles in real estate: Is the grass greener?
What happens when your current role is no longer fulfilling and you want to try something new? Is the grass really greener on the other side? We explore some key reasons...
You are looking to increase your earnings
If you believe your current salary or commission structure isn’t up to market level, with inflation stripping back your real wage, switching roles may be the best way to increase your income. There are still plenty of opportunities to make more money in the industry. Whether you’re looking to switch to a higher paying position or simply get a raise in your current role, now is the time to do it.
Our real estate salary 2022-2023 report showed that those who switched jobs gained an average salary uplift of 18%. If you’re looking to boost your earnings, switching roles could be a viable avenue.
Before you make the switch, it is important to make sure that you’re doing it for the right reasons. If your earnings are the key reason, make sure to speak to your current employer first and see if there’s any room for negotiation. You may be able to get a raise or a better commission structure without having to leave.
There are plenty of different areas to choose from that will enable you to transfer your skillset, so it's important to do your research, speak to a specialist recruiter, and find the next step that's right for you.
Helen Martin
Managing Director of Wates Construction
From engineering to construction. Listen here >
JP Newman
CEO of Thrive FPP Newman
Law, to media production then real estate lending. Listen here >
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