Real Estate
Types of Degrees Real Estate Majors Are Getting
The following table lists how many real estate graduations there were for each degree level during the last year for which data was available.
Education Level | Number of Grads |
---|---|
Basic Certificate | 3,732 |
Bachelor’s Degree | 1,944 |
Master’s Degree | 1,130 |
Associate Degree | 677 |
Undergraduate Certificate | 164 |
Graduate Certificate | 136 |
What Real Estate Majors Need to Know
In an O*NET survey, real estate majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.
Knowledge Areas for Real Estate Majors
Real Estate majors often go into careers in which the following knowledge areas are important:
- Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
- Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
Skills for Real Estate Majors
real estate majors are found most commonly in careers in which the following skills are important:
- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
- Speaking - Talking to others to convey information effectively.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Abilities for Real Estate Majors
As you progress with your real estate degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:
- Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
- Written Comprehension - The ability to read and understand information and ideas presented in writing.
- Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
- Speech Clarity - The ability to speak clearly so others can understand you.
- Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
What Can You Do With a Real Estate Major?
People with a real estate degree often go into the following careers:
Job Title | Job Growth Rate | Median Salary |
---|---|---|
Appraisers, Real Estate | 14.4% | $54,980 |
Assessors | 14.4% | $54,980 |
Property, Real Estate, and Community Association Managers | 10.3% | $58,340 |
Real Estate Brokers | 4.9% | $58,210 |
Real Estate Sales Agents | 5.8% | $48,690 |
Who Is Getting a Bachelor’s Degree in Real Estate?
Racial-Ethnic Diversity
At the countrywide level, the racial-ethnic distribution of real estate majors is as follows:
Race/Ethnicity | Number of Grads |
---|---|
Asian | 79 |
Black or African American | 77 |
Hispanic or Latino | 267 |
White | 1,345 |
International Students | 48 |
Other Races/Ethnicities | 128 |
Geographic Diversity
Real Estate appeals to people across the globe. About 2.5% of those with this major are international students.
Amount of Education Required for Careers Related to Real Estate
Some careers associated with real estate require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.
Find out what the typical degree level is for real estate careers below.
Education Level | Percentage of Workers |
---|---|
Less than a High School Diploma | 2.5% |
High School Diploma - or the equivalent (for example, GED) | 21.7% |
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) | 8.3% |
Some College Courses | 15.6% |
Associate’s Degree (or other 2-year degree) | 13.9% |
Bachelor’s Degree | 31.2% |
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. | 2.6% |
Master’s Degree | 1.8% |
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. | 1.7% |
Online Real Estate Programs
The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.
Degree Level | Colleges Offering Programs | Colleges Offering Online Classes |
---|---|---|
Certificate (Less Than 1 Year) | 0 | 0 |
Certificate (1-2 years) | 36 | 4 |
Certificate (2-4 Years) | 1 | 0 |
Associate’s Degree | 97 | 11 |
Bachelor’s Degree | 28 | 4 |
Post-Baccalaureate | 0 | 0 |
Master’s Degree | 43 | 4 |
Post-Master’s | 1 | 0 |
Doctor’s Degree (Research) | 2 | 1 |
Doctor’s Degree (Professional Practice) | 0 | 0 |
Doctor’s Degree (Other) | 0 | 0 |
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Majors Related to Real Estate
You may also be interested in one of the following majors related to real estate.
Major | Number of Grads |
---|---|
Business Administration & Management | 395,227 |
Accounting | 84,760 |
Finance & Financial Management | 58,013 |
General Business/Commerce | 57,204 |
Management Sciences & Quantitative Methods | 56,747 |
Marketing | 52,820 |
Human Resource Management | 25,350 |
Business Support & Assistant Services | 16,604 |
Hospitality Management | 14,076 |
Entrepreneurial Studies | 12,707 |
Management Information Systems | 11,695 |
International Business | 7,505 |
General Sales & Marketing | 5,965 |
Other Business, Management & Marketing | 4,903 |
Business/Managerial Economics | 4,885 |
Specialized Sales, Merchandising & Marketing | 4,322 |
Construction Management | 4,158 |
Insurance | 2,334 |
Taxation | 1,257 |
Business/Corporate Communications | 837 |
Telecommunications Management | 58 |
References
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
- College Factual
- College Scorecard
- National Center for Education Statistics
- O*NET Online
- U.S. Bureau of Labor Statistics
- Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
- Image Credit: By Godrej Mamurdi Pune under License
More about our data sources and methodologies.