Online Real Estate Degrees
Basic Degree Info
While some degrees offer a general education in a wide variety of subjects, a degree in real estate will prepare a degree seeker for real world challenges
that are faced within the real estate field. With the fluctuating real estate market, home buyers and sellers are looking for talented, honest and hard working real estate agents to help them facilitate one of the most important decisions of their life. While the markets have been incredibly volatile over the last couple of years with the changing economy, having a degree in real estate is one of the most practical and productive degrees one can earn. Real estate agents must have both business sense and the ability to work directly with people. In addition, degree seekers must develop an aptitude for number crunching, contract writing and the law. The field of real estate is exciting and fast paced with success going to the most knowledgeable and hardest working agents.
Courses & Degree Levels
In addition to the business background that real estate degree holders will have to receive, taking classes in finance, economics, communications, advertising and marketing, real estate agents will take very targeted classes meant to prepare the degree holder for the specific rules and regulations that apply to the world of real estate sales. Business ethics, management and real estate law are also classes that may be offered in a typical real estate program. If a degree seeker is looking to start their own real estate office, additional training may be required to develop their entrepreneurial skills. Basic courses in math and computers will also help those studying real estate to be prepared for the workplace. Classes should include training in negotiation and dispute resolution as well. A real estate program will also train students to be able to appraise properties and with advanced education, students can become real estate attorneys, real estate managers and real estate developers. Finally, if a degree seeker is looking to work internationally, there will be additional classes to help prepare the student for this field.
Job Outlook
Real estate agents may work independently or directly for a real estate firm. This opportunity to work for yourself is often very attractive to real estate degree holders and can also be quite lucrative. Obviously, housing markets vary dramatically across the country. As a result, it is very difficult to accurately predict the salaries that real estate degree holders can earn. Real estate degree holders often seek employment as real estate agents, real estate appraisers, real estate managers and as brokers. Common salaries vary across these fields. The median salary for a real estate agent was $40,000 in 2006 while the median salary for a real estate broker was about $60,000 in the same year. The median salary for a property acquisitions manager is around $95,000 and a real estate appraiser starts at around $40,000 and should expect to make about $80,000 with experience.