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2020 Real Estate Degree Guide

Many people desire to own their home. It is a big investment, but one that usually grows over time. There to help them through the process is a Real Estate Agent. However, there is much more to the field of Real Estate than simply selling houses.

Real Estate Professionals act as the bridge between people and properties. They are the masters of purchasing and constructing properties all around the world. Majoring in Real Estate will teach students how to develop, buy, sell and apprise, and manage homes, residential or commercial properties, and land for other use.

Some of the classes you will take are real estate law, real estate investment, real estate-residential, and real estate-commercial. These courses will help you gain knowledge of the fundamentals. This major is commonly offered as an Associate's degree, but some schools also offer it as a Bachelor's. Obtaining a bachelor degree allows a more in-depth knowledge of the field with the chance of higher paying jobs with more responsibility.

A Spike in Real Estate Degrees

#148 Most Popular Major
5.2k Degrees Awarded
14.5% Increase in Graduates

Real Estate was the 148th most popular major in the 2017-2018 school year. Colleges in the United States reported awarding 5,183 degrees in this year alone. This is a difference of 754 over the prior year, a growth of 14.5%.

There are 47 schools offering degrees in real estate in the United States. This year's Best Colleges for Real Estate ranking compares 29 of them to identify the best overall programs in the country. Explore this or one of our many other custom real estate rankings further below.

Requirements for Getting a Degree in Real Estate

This is a great major for students who love interacting with people. The ability to relate to others and competently address concerns and answer questions is important. It is vital to be goal-oriented and driven, as many jobs pay a salary that is mostly commission based. If you enjoy being creative and seeing through a project to the end, this major would be suited for you.

Internships and work experience are advised to help you get ahead. This becomes even more important for students who choose to get an Associate's.

Getting Accepted Into a Real Estate Program

real estate degree applicants generally need have finished high school or their GED. Many schools may also have GPA and SAT/ACT score minimums that must be met. In addition to these basic real estate program qualifications, to serve in some real estate careers, special certification may be required outside of your degree.

Types of Real Estate Degree

Real Estate degree levels vary. You can get anything from a award taking less than 1 year in real estate to the highest real estate degree, a research/scholarship based doctorate. How long it takes to complete some common real estate degree levels is shown below.

Degree Credit Requirements Typical Program Length
Associate Degree 60-70 credits 2 years
Bachelor’s Degree 120 credits 4 years
Master’s Degree 50-70 credits 1-3 years
Doctorate Program required coursework including thesis or dissertation At least 4 years

A bachelor's degree is the most common level of education achieved by those in careers related to real estate, with approximately 31.0% of workers getting one. See the the most common levels of education for real estate workers below.

Level of Education Percentage of Workers
Bachelor’s Degree 31.2%
High School Diploma 21.7%
Some College Courses 15.6%
Associate’s Degree (or other 2-year degree) 13.9%
Post-Secondary Certificate 8.3%

About 51.2% of workers in careers related to real estate obtain at least associate's degree. View the chart below to get an idea of what degree level most of those in real estate careers have.

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The education level required is different depending on the real estate career you are seeking.

Career Opportunities for A Degree In Real Estate Graduate

Average Number of Jobs
$59.5k Average Starting Salary
8% Growth Job Outlook 2016-26

Graduates with a degree in Real Estate can become more than just Real Estate Agents. Other opportunities include Stockbrokers, Financial Service Sales Agents, Personal Financial Advisors, Insurance Sales Agents, and Real Estate Appraisers. The common focus in all these careers is working with people.

Real Estate Appraisers determine how much a piece of land or property is valued at. Insurance Sales Agents assist client with choosing what insurance policies would protect their lives, property, and health. The demand has for these professional has grown immensely.

Solid Growth Projected for Real Estate Careers

Want a job when you graduate with your real estate degree? Real Estate careers are expected to grow 8.2% between 2016 and 2026.

The following options are some of the most in-demand careers related to real estate.

Occupation Name Projected Jobs Expected Growth
Real Estate Sales Agents 369,000 5.8%
Property, Real Estate, and Community Association Managers 349,900 10.3%
Real Estate Brokers 100,000 4.9%
Real Estate Appraisers 92,400 14.4%

How Much Money Do People With a Real Estate Degree Make?

Real Estate graduates between 2015-2017 reported earning an average of $59,476 in the 2017-2018 timeframe. Earnings can range from as low as $29,400 to as high as $158,000. As you might expect, salaries for real estate graduates vary depending on the level of education that was acquired.

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High Paying Careers for Real Estate Majors

Salaries for real estate graduates can vary widely by the occupation you choose as well. The following table shows the top 5 highest paying careers real estate grads often go into.

Occupation Name Median Average Salary
Real Estate Brokers $78,940
Property, Real Estate, and Community Association Managers $71,730
Real Estate Appraisers $61,870
Real Estate Sales Agents $61,720

Getting Your Real Estate Degree

With over 416 different real estate degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased real estate school rankings to help you with this.

One of 21 majors within the Business, Management & Marketing area of study, Real Estate has other similar majors worth exploring.

Majors Similar to Real Estate

Related Major Annual Graduates
Business Administration & Management 399,810
Accounting 107,851
General Business/Commerce 58,413
Finance & Financial Management 56,960
Marketing 49,179

View All Real Estate Related Majors >

References

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