DEGREE AT A GLANCE:
This certificate provides broad based knowledge of core areas within the real estate field. This certificate provides a good foundation for both aspiring and current real estate professionals by broadening their skills and knowledge in important key areas in the field.
According to Real Estate Roundtable, an education and research foundation, the real estate industry produces or supports approximately nine million jobs in the United States, and employment is estimated to grow by 7.1% annually through 2016, according to IBISWorld.
The associate degree in real estate studies provides students with the business skills needed to pursue careers in this steadily growing industry. It also identifies and provides a foundation for any additional education and licensing which may be required to pursue these careers. This resource guide will provide you with resource information regarding license requirements and help you identify personal attributes needed to succeed in this field. In addition, it is an information tool to help you identify career and internship opportunities, federal employment information, and academic and professional organizations.
Useful Skills within the Real Estate Studies Field
Decision Making - Weighing out the options in a situation or a problem and logically choosing the best course of action.
The Associate of Arts in Real Estate Studies will prepare students for a career in real estate; however, in order to practice real estate in your state, a license will be required. Most states require taking a pre-licensure course as well as passing an exam. For more information, check with your state’s Real Estate Commission, whose contact information may be found below:
While many of the major job search engines will have positions in several fields to choose from, the following search engine is specific to the real estate studies field:
Involvement in professional organizations is a great way to stay up-to-date on new technology, tools, and best practices in your field. Professional organizations are also a great networking opportunity. Below are a few professional organizations you may be interested in as a real estate studies major.
National Association of Realtors Conference & Expo
Nov. 4-7, 2015
This course provides an introduction to real estate as a business and profession. Students will have the opportunity to discuss and review terminology, concepts and best practices for the real estate industry. Topics will include the real estate market, property rights, deeds and leases, contracts, the closing process, urban economics, brokerage, appraisal, land uses, and insurance.
This course provides an introduction to real estate from an operations viewpoint. Students will have the opportunity to discuss and review terminology, concepts and best practices on how to manage the basic functions within the real estate industry. Topics will include structure of leases, real estate development, negotiations, marketing, and other issues associated with the real estate practice
This course is an investigation of institutions, instruments, and structures by which investment in real estate is financed. It reviews capital markets, the sources and use of real estate funds, and the role of government in real estate finance. The course also covers technical skills involved in real estate finance, to include risk analysis, portfolio theory and management, REITs, and capital market trends.
This course examines property rights and their valuations. Students will have the opportunity to discuss and review terminology, concepts, and best practices on the factors affecting the value of property rights as they relate to general economic theory and the real estate process. Topics will include real estate appraisal methods, valuation of residential and income producing property, influences on market value, and trends in the appraisal industry.
This course explores the role and major functions of the property manager. Students will have the opportunity to discuss and review terminology, concepts, and best practices for landlord policies, operational guidelines, leases and lease negotiations, tenant relations, habitability laws and the Fair Housing Act. Topics will include the impact of electronic technology on the industry and fair housing regulations.
This course is a study of real estate law, with emphasis on those portions of real estate law that are essential to the processes and functions of the real estate purchase, administration, financing, land use regulation, financial instruments, leases, and property rights. The law of real estate has traditionally consisted of laborious manual searches to ensure good title. The internet provides real estate attorneys and legal assistants with new tools and procedures for conducting real estate transactions. This course will prepare the student for these concepts and will introduce the student to the new world of the Internet as related to real estate law.
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