Real Estate Degrees

Overview

Demand for real estate developers and consultants remains steady, growing, and strong. Real Estate professionals can specialize in commercial or residential property and can work as agents, brokers, appraisers, and inspectors. Opportunities exist for professionals with various education levels. Some companies recruit people with high school degrees or certifications in real estate, while most others require employees to have an associate's, bachelors, or master's degree. Professionals typically pursue specialties in tax laws, housing loans, and land development.

Benefits

Real estate programs focus on law, finance, economics, management, and business administration. Real estate professionals develop a broad, flexible, and versatile knowledge base while sharpening their communication skills.  Real estate professionals can choose careers as business owners, property managers, real estate agents, and loan officers.

The earning potential of a real estate agent is around $73,000 per year. The real estate brokers can also have licenses to have their own businesses and make around $103,000. Most people have real estate as a secondary job for an auxiliary income.

Costs

The cost of a bachelor's degree can vary from $34,200 to over $100,000. A 2-year associate's degree costs approximately $15,500. The cost master's, and doctoral programs can vary from $10,000 to over $100,000 depending on location, school, and program.

Schools

Most colleges in the United States offer an associate's or a bachelor's degree in real estate, while master's degrees and doctoral programs are available in very few schools across the country. Some of the schools that offer real estate degrees are Colorado Technical University, Drexel University, and Ashworth University.

Testing & Preparation

Real estate programs require at minimum, a high school diploma or GED certificate. Some undergraduate programs require admissions test such as the Scholastic Aptitude Test (SAT), while graduate programs require a bachelor's degree and work experience. International students might need to take the Test of English as a Foreign Language (TOEFL).

Financial Aid

Financial aid is available in the form of loans, grants, and scholarships. Students can explore options including Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Federal Work-Study (FWS) Programs, and Stafford loans.