Austin is a proverbial boom town with a great night life, relaxed lifestyle, and the beauty of the University of Texas overlooking the city. The population of Austin is growing fast as professionals relocate to Texas. In 2012 the population of Austin was growing at a rate of 151 new residents per day in the metropolitan area fueling tremendous grown in the Austin real estate and apartment industry. That growth doesn’t show any signs of slowing down and some speculate that Austin’s population with double or triple in the next 10 years.
So where do all of those new migrants live? Apartments. The industry is growing with new developments being added every year. Not only are those developments needing new residents, they are also feeding the job market with open positions for leasing consultants and property managers on the rise.
If you are not considering a position in the Austin apartment leasing industry, maybe it is time that you take a look at the possibilities that are upcoming. Everywhere, the apartment industry is booming, rents are increasing and new developments are popping up all over the place. In Austin alone, the wave of new apartments being developed is exceptional. In 2011, more than 14 new apartment communities were planned and construction began. Now, the hiring boom is on. With all of those new communities servicing Austin, there is a tremendous demand for motivated leasing professionals.
And the potential does not stop there. The apartment industry may be one of the few industries left where there is a clear path laid out for advancement. Many leasing professionals who have the talent are promoted up within the company and can easily move up into management positions. With that experience, the opportunities for advancement continue into regional management, senior management, training professionals, marketing specialist, and on and on. So if there is an area that you are passionate about, you can absolutely find your path in the apartment industry and the doors are often wide open. This growth is projected to continue through the next several years with more new hires which make getting in now much more valuable.
Rents are at an all-time high and demand for rental property is not showing any signs of slowing down. That means that commission potentials are high, job opportunities will continue to open up and anyone getting a start in the apartment industry in Austin is poised for success.