Can One Be in the Real Estate Business Without Going to School?
Getting your license may not be necessary. However, it is possible to obtain one without going to school. It takes a significant amount of time and resources, but if you are passionate about real estate, you can get a license and begin working in the field. Not only will a license open many doors for you, but you will also develop skills in negotiation, contracting, branding, and advocacy.
If you have a degree in a subject you’d like to study, a bachelor’s degree in a related field could be a good idea. Most real estate agents and investors have a college degree. There are also options to major in marketing and minor in real estate. However, it is not essential to get a degree in order to work in the industry. A college degree in real estate will allow you to become more confident in your skills. For instance, a degree in finance will help you understand mortgages, seller net sheets, and financial advice.
A real estate degree will also help you understand the business side of the industry. You will need to be familiar with the basic concepts of accounting. These courses will teach you how to use different forms of real estate marketing and how to use social media channels. Getting a college degree in real estate can make you more valuable to your brokerage and increase your value. It will also give you a better understanding of the money flow in the business.