Do real estate agents need a degree?
Required education or training for real estate agents career
Most often, an academic degree is not required to become a real estate agent but completing college does help potential career seekers in the field stay competitive and relevant. Instead of a degree, a license as well as any pre-license courses is mandated by the board in any given state may be required.
These pre-licensing requirements vary from state to state. It is imperative to consult the board from the state or local area when planning a real estate career.
To qualify for majority of the real estate positions, an associate or bachelor's degree is more than sufficient.
Benefits of a real estate degree
Although a real estate degree is not always required, having one does provide a number of benefits to understand the financial and business relevancy surrounding this field.
Completing a degree gives agents a solid foundation in the basics of buying and selling of real estate, allowing you to make more informed decisions about properties, mortgages, interest rates, and stay on top of the latest trends in the industry.
In addition, holding a degree often makes potential agents more attractive to real estate brokerages firms.
Since working with a brokerage company or licensed broker is a requirement to practice real estate, potential agents will need to fulfill the education requirements of top brokerage firms. While some provide the necessary training, others require agents to have prerequisite knowledge and completed training before agents are hired.