Quiz: Is Real Estate Right For You? 15 Questions to Reveal

Is real estate right for you? This career quiz determines if you can be a real estate agent based on 15 professional factors.

How to Know if Real Estate is Right for You

Real estate is a proper career choice if you have strong interpersonal skills, have prior experience, are open to learning more about the housing market, and can handle income fluctuations. Although it is known for its lucrative potential, it is a demanding profession, particularly for those with average communication abilities.

Other factors that determine whether you should choose it as a career:

• Academic background. A degree in marketing, finance, accounting, business, and even psychology can secure better jobs.
• Related licenses. If you already have a real-estate-related license, you’re already on the path to making it your career—and you’re one step ahead of the competition.
• Income expectations. Real estate might be a good choice if you don’t mind a changing salary. This career has a high-risk-high-reward path that might frustrate those seeking financial security.
• Schedule flexibility. Some jobs in this field require you to work at irregular times. So, it’s only a good career choice if you can adapt to that.
• Communication style. Soft skills are a must for agents, which is why sociable people are likelier to excel in this career.

Choose Your Career Path with an Expert Quiz

You might be confused about which career to choose in real estate—and we get it. To lend a hand in making a well-informed decision, we have created this Career Quiz, a self-assessment that determines the most suitable job within the field (and even suggests where to find job opportunities).

Should You Become an Agent in 2023

With an average salary of $97,480 per year, a real estate agent is considered a decent career. As for the good news, the Bureau of Labor claims “51,600 openings for brokers and sales agents are projected annually,” meaning you’re highly likely to find a job in less than a year.

Alternative Careers for Agents

There are more career paths available than just becoming an agent or realtor. As of 2023, the industry has witnessed a rise in the popularity of other specialized roles, including real estate portfolio management, development, and consultancy.

• Agent/Realtor: $97,480 (per year)
• Portfolio Manager: $128,700 (per year)
• Developer: $115,000 (per year)
• Investor: $100,000 (per year)
• Property Manager: $109,328 (per year)

This Quiz Reveals if You Should Pursue Real Estate

Do you want to ensure that a career in this field is good for you? Then, take this professional real estate agency quiz to find the answer.

If you’re really into real estate, take our Selling Sunset Character Quiz, too. It’s inspired by the titular reality show that follows the everyday lives of top property realtors in the US.

With that out of the way, let’s start the test to see if you should pursue a career in the intriguing sector.

Questions of the quiz

• 1
  What type of business specialization is your jam?
  

  • I don’t have a favorite specialization

  • Sales

  • Analytics

  • Management

• 2
  Do you have any experience in the real estate industry?
  

  • No, no experience at all

  • Yes, I am certified in a specific field

  • Yes, I have a degree in a related field

  • Yes, I have years of experience (but no academic background)

• 3
  What’s your definition of a dream career?
  

  • One that gives me financial security

  • An exciting and adventurous career

  • A complex and nerdy job that requires expertise

  • A high-risk, high-reward profession

• 4
  What’s the most difficult thing about working in the real estate sector?
  

  • I don’t know

  • Communication or networking

  • Decision-making and risk management

  • Investments and financial management

• 5
  What makes you passionate about the housing market?
  

  • I can’t say I’m that passionate about it

  • There’s always room for earning more or getting better

  • It’s like an intense (but fun) strategic game

  • You can build your empire and never work again

• 6
  Which of these soft skills do you have?
  

  • Consistency

  • Negotiation

  • Concentration

  • Leadership

• 7
  How much will you invest in entering the real estate market?
  

  • I’d rather spend no money on that

  • $1,000 to $10,000

  • $20,000 to $70,000

  • $80,000 or more

• 8
  What kind of jobs do you excel in?
  

  • Slow-paced and solo

  • Fast-paced and teamwork-oriented

  • Analytical and creative

  • Risky and confidence-demanding

• 9
  Is your academic background related to the real estate industry?
  

  • No, not at all

  • No, but I’m trying to fix it

  • Yes, I have a related degree

  • No, but I have years of field experience

• 10
  Do you own a house? How many?
  

  • No, I don’t own a house

  • I’m planning to get my first house

  • Yes, only one

  • Yes, two or more

• 11
  Have you ever sealed a real estate deal?
  

  • No, I have no idea how that works

  • Yes, only once or twice

  • No, but I know how it works

  • Yes, I do that all the time

• 12
  How familiar are you with real estate laws in your state?
  

  • Not familiar at all

  • Very familiar

  • Moderately familiar

  • I have street knowledge

• 13
  What’s your salary expectation like?
  

  • I don’t know yet

  • About $7,000 a month

  • About $10,000 to $15,000 a month

  • $20,000 or higher

• 14
  What’s your dream work-life balance like?
  

  • Working from home

  • I’m quite flexible with my time

  • I want a regular 9-to-5 job

  • I want full autonomy over my time (I should be my own boss)

• 15
  Final question: How much money have you saved up?
  

  • Less than $20,000

  • $30,000 to $50,000

  • $60,000 to $90,000

  • $100,000 or more