Without formal training students will have a hard time entering the real estate industry. Online accredited colleges and universities provide students with a variety of degree programs that prepare them for a career in the field. With formal training students are able to work in various parts of real estate.
The selling and purchasing of a house is not a simple process and many individuals are involved in finalizing a sale. The main careers that are available to students that complete a degree program include:
Each career option plays a different role in the transaction of buying a home. Brokers work directly with buyers to purchase a home. Appraisers estimate the worth of a home and inspectors guarantee that a home complies with all building regulations. Online training programs offer all the necessary skills to enter each career. Students can gain a real estate education by completing a degree program and earning state licensure.
Degree programs are offered at the associate’s, bachelors, and master’s degree level. All educational levels prepare students to become trained professionals. Associates degree programs teach students the basics of the field. A foundation is gained that includes the legalities and finances of real estate. Students that complete a bachelor’s degree program learn the practices for commercial, residential, and rental properties. Marketing and sales education and investing courses are examined as students learn the ins and outs of real estate law.
Most online programs are available at the undergraduate level. Master’s degree programs are only offered by a small number of online schools. Advanced concepts are explored in a master’s degree program as students learn about the theory and procedures behind real estate. Each level of education allows students to choose concentrations. Training divides learning into core and specialization classes. Common concentrations offered online include:
- Property Management
Specific training focuses on these areas and more to give students a complete understanding of the field. Business mathematics, legal aspects, financial institutions, mortgage markets, construction operations, and more are subjects covered in each level of education. Depending on the concentration chosen students may learn advanced practices. For example, students that are working on a consulting concentration can expect to learn finance management and capital markets at a deeper level. Education at every level trains students to confidently step into the next phase of schooling, which is the licensing exam.
To officially gain an online education, students will have to prepare and successfully pass a licensing exam. The national exam covers all foundational areas that are learned inside a degree program. Licensure is gained from the Real Estate Commission. Each state licensing requirement may be different so students need to be sure to contact their local commission to find out requirements.