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Do you need to go to school for Real Estate

#realestate

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John’s Answer

Hey Rose,

You do not need to go to school for real estate. In fact, many professionals in the industry that I have worked with did not study real estate in school. They got into the industry later in life after switching careers. The real estate industry is large and complex. You only need a real estate license if you are working in brokerage. If you are working on the asset management or principal side of real estate then you most likely will not need a real estate license.
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Caroline’s Answer

Hi Rose,

Thank you for your question! In my opinion, the answer to your question differs depending on which sector of the Real Estate industry you want to go into.

For commercial real estate, which involves industrial, retail, hotel, multi-family, and office buildings, I would definitely recommend going to school for this. Most careers within commercial real estate will require you to have a college degree with either a major or minor in business, real estate, or something else closely related. Commercial real estate careers can include everything from development to finance. Some careers may even want you to go to graduate school, but this can be dependent on the company and type of job.

For residential real estate, you do not need to go to school for this. You will just need to obtain your salespersons' license through your state licensing program.
Thank you comment icon Thanks so much for sharing this info! Commercial real estate seems to have so many opportunities! Nicolas Sterling
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Anthony’s Answer

Hey Rose,

According to the ONET Profiler - https://www.onetonline.org/link/summary/41-9022.00, it is not necessary. However, you will need to become licensed to practice.
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