When you and your friends have game night, do you always want to play Monopoly? And once you’ve snatched up Park Place and Broadway, are you the type of player who will wheel and deal until you’ve built hotels everywhere? If so, you may want to study real estate.
Real estate professionals are the masters of buying and building property all over the world. These business people know how to make investments pay off, and once you graduate you’ll be ready to join them.
Real estate majors learn how to develop, appraise, purchase, and sell land, houses, and buildings.
“It's tangible, it's solid, it's beautiful. It's artistic, from my standpoint, and I just love real estate.”Donald Trump, Real Estate Mogul
Are You Ready To...?
- Learn how to close deals
- Understand international real estate markets and economies
- Study both business and residential real estate
- Practice putting a value on property
It Helps To Be...
A persuasive team player who’s good with numbers. You’ll also need to follow through on a project and seal the deal. This is a great major if you like to make decisions and build things.
- Is the school of business accredited by the Association to Advance Collegiate Schools of Business?
- Are there classes that will help you pass your state’s licensing exams for real estate agents and brokers?
- What is the reputation of the program in the real estate community?
- Does the program focus more on commercial or residential real estate?
- What are the faculty’s accomplishments? Have they had successful real estate careers?
- Will you have access to top-notch computer programs and equipment?
- Are there opportunities to work with professors and the real estate community?
Did You Know?
The real estate developer James Wilson Rouse received the Presidential Medal of Freedom for his work, which included efforts to renew urban areas and provide affordable housing for the poor.
Nearly all real estate programs will include a course in real estate law. That’s because law is the backbone of real estate. If you become a real estate agent, you’ll need to draw up contracts and know the rights of buyers and sellers. By the time you finish the semester, you should know the basics of everything from escrow to foreclosure.