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What classes would you recommend to take in college if you are considering to go into real estate

#college #real-estate #business

business real-estate
Thank you comment icon Hello Sarah, I am not a real estate professional; however, I had a statistics professor in college that was interested in real estate so statistics could be a good option that I don't think was mentioned previously. Ariane Schiesl
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Sarah’s Answer

Hi Sarah,
I am not a real estate professional, however I wanted to offer my advice on college classes and course of study. A business degree might be a good place to start, as you'll get the fundamentals of business that apply to many fields. You'll study accounting, business administration, marketing, operations, finance, sales, project management, and many other subjects. These types of classes might help you narrow down what you're interested in and then later in your studies you can become more focused or specified. Having a business degree would also help in your future if you were to go into real estate and then decide to change careers, you wouldn't have had a narrow education so you could more easily pivot if needed.
Best of luck!
Sarah W.

Sarah recommends the following next steps:

Consider doing an internship or summer work at a real estate firm, so you can speak with people in that field and learn more about what skills are needed for the job.
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Ashley’s Answer

Hi Sarah,

If you're looking to be a real estate agent, marketing and advertising would be great classes as many brokers/agents work hard promoting their own businesses. Business management would also be very useful. Most real estate schools offer similar classes and extended education classes for these topics as well.
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David’s Answer

I'm not in real estate, but I am a digital marketer and what has always stood out to me was how little digital marketing is done by realtors. I think this trend is changing, but there are so many opportunities to promote yourself and your listings online. The housing marketing is crazy right now - too many buyers and not enough houses - and those agents that are using social media and digital advertising to get eyes on their listings are going to win.
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Ashley’s Answer

Hi Sarah,

In 2021, I became a licensed Real Estate agent in the State of Virginia. I am aware that some schools offer real estate courses, but most do not. When you take the exam you will be required to complete a certain amount of class hours before taking the exam through either a real estate brokerage or an organization like Moseley. You will learn most of the real estate terms, conditions, laws, etc through the required course you need to take. While the course touches briefly on marketing, the most important skill to have when you become an agent is to know how to Market yourself. With that being said, I would suggest taking an intro to marketing course, social media marketing, digital marketing, or B2C marketing course. The content you learn in these courses will 100% prove to benefit you in your real estate career. Best of luck!

Best.
Ashley
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Colton’s Answer

Hi Sarah,

I'll caveat by saying that I am not a real estate professional. However, I work with many commercial real estate investment funds. There are several different types of real estate professionals. I think your first step would be identifying which sector of real estate you'd like to become involved in (ie. commercial real estate, housing development, etc.). Consistent with the other answers, you couldn't go wrong with a business degree, specifically in accounting and/or finance or potentially construction management. These will help you develop the skills to identify potentially profitable real estate endeavors through various financial models and projections. However, that is only one part of the equation. In real estate, it is very important to build strong relationships based on trust. Honing your soft skills will be arguably the most important trait for you to develop. There is no hard and fast way to develop these skills and you will need to seek out mentors that will teach you how they build sucessful relationships. There is only so much that you can learn in a college class. In my experience, building those relationships can be more rewarding than any class. I hope this helps!

Colton recommends the following next steps:

Identify a real estate discipline that you are interested in.
Cater your college experience to that discipline's most important skills
Find a mentor (or several) that can provide you valuable advice on your journey. (professors can often be this person)
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Maya’s Answer

Hey Sarah!

I am currently a finance major at my college, and a lot of my friends within my major want to go into real estate. I would highly recommend you find a business school, specifically one with a finance and/or marketing major, and apply. You'll take classes on all of the different aspects of business, as well as learn about the different industries that business students can go into.

I recommend checking out Project Destined as well if you are specifically interested in commercial real estate. It is full of several opportunities for high school and college students that want to go into that field, and they offer a plethora of training sessions and internships for their students. It's definitely something to look into.

I hope this helps and I wish you the best!
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Luna’s Answer

Hello Sarah,

To start, I would definitely major in business when entering college/university. In my first year of college, business is interesting due to it being revolved around every aspect of workplaces. Being able to attain that education is a good start into entering into real estate. I would also recommend discussing a pathway with an advisor!
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Parniya’s Answer

I am not in real estate myself, but I have some friends who are. They majored in business, and some colleges do offer real estate classes. So I would definitely look into that to see if your college does offer any classes that are related to real estate or urban development. I also think a few psychology courses would be beneficial as it helps you understand people's motivations/behaviors which will help you in actually selling homes.
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Thaddeus’s Answer

Hi Sarah,

I am not in Real Estate but I have several friends that are and I will list some of the courses they found beneficial.

- You will want to take all of the real estate course such as, real estate finance.
- Economics: It will be very important to understand the market and how that works
- Marketing: Your portfolio will be extremely important in getting new clients so you will want to know basic marketing and advertising skills to quickly get clients
- Psychology: I believe this is extremely important because it will help you understand how people think making you a better agent in finding out the needs of your client

I hope that helps!
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