For any investment, finance or accountancy and/or any other field of study one needs to get a professional degree in order to become a pioneer in that field. There are some fields which do not have proper degree (which can support a person’s passion for it) for example: if a person wants to pursue his/her career in the field of estate agency or would want to pursue real estate as an option to earn money; that person cannot get a professional degree in this field.
Certainly there are some other requirements too that the candidate must possess high school diploma and must be a literate graduate with some basic financial knowledge. Financial knowledge is not required, as in having hardcore financial knowledge. Simple knowledge of debit credit would solve the purpose. In addition, there are some course which can be replaced the hardcore real estate concepts (and can still solve the purpose), for example: In business administration courses like finance, accounting, management and above all micro and macroeconomics definitely solve the purpose and support the overall knowledge of a candidate in real estate investment properties and business. Furthermore, there are now universities which are facilitating candidates who wants to adapt real estate as a source of their income. Due to immensely grown demand of real estate professionals the salary is now directly coinciding with the field of study. On average a real estate professional (properly real estate graduate) is earning market salary of approx. ($44K per month) which is quite suitable for a startup.
On the other hand, there are certainly some prominent benefits for having a degree in real estate. For instance, there are now companies which are operating real estate business like equity business (in which different real estate brokers with suitable knowledge are hired and they make cold calls to the clients and capture the share of business). They offer you an agent who has the knowledge of a particular area (where one wants to buy the property) and that agent will treat the client accordingly on the basis of his/her requirements. Definitely against a suitable commission percentage the real estate agents work properly and earn suitably. This has now become something really common and is considered as the best opportunity for everybody who really wants to continue the career as a real estate agency. So much so, the real estate majors’ students get the knowledge of taxation and law, which definitely helps them to survive in the market. Because getting a property for the client doesn’t solve the purpose alone, it must be backed by proper and clean paper work. For coming generations students who would really want to take up this career have ample opportunities in the market and in the universities.