Whether renting, buying, or leasing, people rely on real estate professionals to assist them in various property transactions. Though many individuals succeed in real estate careers without securing formal degrees, a bachelor’s degree in real estate helps students prepare for rewarding careers. Students who pursue an online bachelors degree in real estate will learn things like mortgage lending, real estate development, equity investment, evaluation, sales, property management, market fluctuations, and finance. This knowledge will prepare students to become real estate agents, consultants, and other experts in the field and provide a thorough background in management, real estate law, real estate development, urban planning, real estate investment, marketing, management operations, and more.
Why a Bachelor’s Degree?
A bachelor’s degree in real estate is an efficient way to build up the credentials necessary to work in real estate appraisal, real estate sales, property management, mortgage lending, and more. According to the U.S. Bureau of Labor Statistics (BLS), real estate brokers need at least a high school diploma and state licensure to attain available positions. Real estate appraisers, however, are required to have at least an associate degree and state licensure. Though a bachelor’s degree is not required to attain these two positions, an educational foundation is what helps individuals move up the professional ladder.
Getting Into a Bachelor’s Degree Program
Every bachelor’s program is unique, but many require common application materials. Students looking to enroll in an accounting program will most likely be asked to submit the following:
- A high school diploma, or its equivalent
- SAT or ACT score documentation
- A personal essay
Inside a Real Estate Bachelor’s Degree Program
Most bachelor’s degree programs are structure to be completed in four years. Students will enroll in core requirement courses, such as match, science, and humanities, along with real estate courses. Students may also be encouraged to take basic appraisal courses, complete on-the-job training through an apprenticeship, and meet the requirements for appraisal licenses or certificates. By the completion of their program, students will be prepared to meet the needs and demands of numerous real estate careers.
An online real estate bachelors degree is an ideal option for those who have busy lives and cannot attend a physical university. Full-time professionals and parents often opt for distance learning because of the flexible schedule. Courses take the form of slideshows, video and audio lectures, class readings, and class notes. Discussion takes place over online forums, and students may email, call, and live chat with professors and classmates.
What’s Next for Real Estate Bachelor’s Degree Holders?
The BLS reports that urban and regional planners make an average of $54,910 a year. The lowest 10% make less than $25,550 annually, and the top 10% can make over $161,820. Real estate appraisers, on the other hand, can make an average of $48,500 a year. It’s important to note, though, that salaries are never guaranteed and will usually vary. The BLS also reports that these two positions are expected to experience growth from 2010-2020.
Many graduates of real estate degree programs go on to obtain advanced degrees. A master’s degree in real estate is ideal for those who want to manage numerous employees and properties in high-level careers. In fact, graduates of master’s programs may find work as private consultants, real estate market analysts, and urban developers. Before real estate agents can start selling property, they usually need to earn a state licensure. License requirements vary by state, but real estate agents are usually able to obtain their credentials in under a year. Students who want to forgo the formal degree experience may be able to start a career with a vocational certificate in real estate.