Are you thinking about starting your career in Real Estate? It will be a good choice if you’re passionate about property affairs and interested in buying and selling a house. But what do you need to become a successful real estate agent? Do you need a college degree to become a successful real estate agent?
Honestly speaking, you don’t need a college degree to become an agent. It’s all about your passion, interest, and curiosity to go deep for your goals. But a degree is an excellent choice to get a real estate license. But not all degrees apply to Real Estate. In this blog post, we’ll examine the pros of having a college degree Vs no college degree. Is it beneficial for your career?
How to become a Real Estate Agent without a college degree?
If you want to excel in your skills in Real Estate without a college degree, then it doesn’t hurt anybody. To become a successful agent, you only need a passion to work and learn more. Additionally, most states or countries demand a college degree (but not everyone). It’s not a vital thing to secure your Real Estate license. In the US, it’s necessary an agent’s age must be 18 years old to seek Real Estate licensure. The number of agents without a college degree is increasing. The National Association of Realtors (NAR) states that only 31% of agents have bachelor’s degrees.
Here are five main pros of becoming a Real Estate agent without a college degree:
- Without a college degree, you can complete the pre-license course online, which only takes a short period of 8 weeks as compared to going to college to attend physical classes of 4 to 6 months.
- The physical lessons in a state or country take 180-course hours, and the fee is $500, more than average.
- Value your passion, and it’s ultimately a driving force that leads a person to pursue your passion or goals.
- If you’re a friendly person, then you can quickly start your business in Real Estate. You already excel in your skills in Real Estate because it most of the time demands a friendly person.
- If you want to learn skills, then you don’t only need to go to college, you can learn online without paying for anything (as time is real money).
Pros of going to college to become a Real Estate Agent
As mentioned, you don’t need a college degree to become a real estate agent. But, enrollment in college degrees has additional benefits. Some of which will help you advance professionally.
1- Education
You can gain a strong foundation in business and economics from a college education, which are crucial abilities for a real estate agent. You will gain knowledge of contracts, property management, finance, and other essential real estate-related topics.
2- Networking
It’s a terrific chance to network in college with teachers and peers who might know people in the real estate business. These contacts may open doors to employment and new customers.
3- Credibility
A related degree, such as one in business or real estate, can give you more credibility in the eyes of potential customers. Also, it can set you apart from other real estate brokers who need a college degree.
4- Specialization
Real estate programmers are widely available in institutions, allowing you to focus on fields like commercial real estate, property management, or real estate law. This might make you stand apart in a crowded market and give customers access to more specialized services.
5- Professional development
Opportunities for professional development offered by colleges, such as internships, workshops, and certifications, can help you get real-world experience and improve crucial real estate agent abilities.
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What College Majors Are Ideal for Real Estate Agents?
There are several college majors that can be beneficial for those who want to become real estate agents:
1- Business Administration
Majoring in business administration can help real estate agents get to know each aspect of business in depth. It provides a solid business management, accounting, finance, and marketing foundation.
2- Real Estate
Most colleges and universities offer graduate and undergraduate programs in real estate. These programs are beneficial for Real estate agents as these programs provide comprehensive education on real estate markets, real estate law, property management, investments, and finance.
3- Marketing
It’s more complicated to learn how to sell your brand and yourself. Although a marketing degree is optional to obtain a real estate license, it can teach you the fundamentals of marketing as well as how to effectively communicate through various real estate marketing channels, including direct mail, email, and social media.
4- Urban Planning
A degree in Urban planning can be helpful to Real Estate agents who want to specialize in commercial or industrial real estate. It provides knowledge in land use, zoning regulation, and transportation planning.
5- Graphic Designing
Although having a graphic design degree may be rare for those with real estate sales agents, salespeople, or Broker Licenses, being able to design a website, mailers, and maps that illustrate property lines to customers are valuable skills to have. The ability to edit photos is a further advantage of this degree.
Final Thoughts
Whether you have a college degree or not, people who want to start their career in Real Estate have many things in general. They train themselves in a way that they can be eligible for a real estate agent’s post. Additionally, a college degree only provides knowledge and some extra skills. But you only need passion, eagerness to learn new things, and communication skills. We hope that after reading this blog, you decide whether or not to go to college to become a successful real estate agent.
