The real estate market has completely transformed in recent years. The rise of American downtowns, growing cities, gentrification, suburban development, and mortgage foreclosures has given the industry a new face. Students who attain a certificate in real estate will be exposed to this new real estate market and learn how to become a vital asset to various areas in the industry. Students pursuing a certificate will enroll in numerous real estate courses, which often feature discussions in regional growth and development, urban economies, architectural design, real estate transactions, real estate sales, real estate management, and marketing. This certificate is designed to help students become forward-thinking real estate experts, prepared to meet the needs of numerous high-level real estate professions.
Types of Real Estate Certificates
Real estate certificates allow students to cultivate the skills needed to work in real estate sales, real estate appraisal, property management, and urban development. Students who complete their certificate commonly attain positions as mortgage brokers, property managers, real estate agents, commercial leasing agents, and real estate investment officers. Real estate agents need a high school diploma and a real estate license, according to the U.S. Bureau of Labor Statistics (BLS).
Similar to real estate agents, real estate loan officers are required to have at least a high school diploma and on-the-job training. Though a formal education is not required by either of these two positions, an education greatly aids those who want to move up in the industry. Here are some common admission requirements you’ll see in real estate certificate programs:
- Relevant work experience
- Current resume
- High school diploma or its equivalent
- SAT or ACT scores
The traditional degree experience is a thing of the past. Nowadays, more students are choosing to enroll in online colleges and distance learning programs to obtain their certifications. These programs usually only take a year to complete and feature in-depth topics about real estate law, real estate development, real estate consulting, and real estate lending. By the time students graduate from their online real estate certificate programs, they’ll be ready to begin selling and leasing homes to clients.
What’s Next for Certificate Holders?
Real estate certificate students have an array of career options available to them. As mentioned earlier, students who pursue certifications in real estate often end up working as mortgage brokers, property managers, real estate agents, real estate loan officers, commercial leasing managers, and real estate investment officers. Real estate agents make an average salary of $54,910 a year, according to the BLS. Real estate loan officers have a very similar annual salary.
After finishing a real estate certificate online, some students wish to pursue a formal real estate degree. Some of the degrees available to students in this discipline include a bachelor’s degree in real estate and a master’s degree in real estate. Both of these challenging degrees are recommended to those who want to attain management positions within the real estate sector.