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Online Bachelors Degree Programs in Real Estate
Earning a Bachelors in Real Estate Online may be right for you if you’re an enterprising individual interested in property management. You also like to work independently.i Most Bachelors in Real Estate Online degree programs will provide a well-rounded curriculum to give you a solid background in property management. This may include general business classes, as well as real estate theory and practice. Over the years, real estate has become a more competitive market. Now it is much more regulated and requires more education and knowledge.
What to Expect While Earning a Bachelors in Real Estate Online
Some degree names you may see include the BS in Business Administration or the BA in Real Estate Studies. These programs focus on teaching the fundamentals of real estate and property management. Most programs require a maximum of 132 credit hours. This usually takes full-time students 4 years, or a little longer, to complete.
Property management and real estate degrees focus on providing cutting-edge techniques to keep up with a property management market that is constantly shifting. This may include advanced knowledge of real estate finance and laws and modern concepts like green planning for urban landscapes.
Most Bachelors in Real Estate Online degrees will also cover some other key areas as well. These may include population demographics, shopping patterns, as well as zoning regulations. Other important aspects online real estate degree programs may focus on are property assessment, how they change, and how those changes can affect the market.
Common Real Estate Degree Online Courses
Students earning an online real estate degree will typically be required to complete 75 credit hours outside of their major. This may include General Education courses or electives.
While earning your property management and real estate degree, your study may include learning about zoning, property taxation, urban redevelopment, and environmental protection. Typical online real estate degree courses that are required for earning a bachelors real estate degree online may include:
- Real Estate Principles: Any bachelor’s degree in real estate and property management will cover the basics of real estate from how to manage tenants to when to perform inspections or carry out any maintenance to your buildings.
- Real Estate Law: Many legal issues need to be covered when talking about real estate such as property law, leases and land use regulations to name a few.
- Real Estate Development: Students will be exposed to all parts of the property development process from planning and financing to site purchasing and property leasing.
- Market Analysis in Real Estate: Courses will demonstrate how to assess the market based on factors such as social attitudes and economic trends.
- Statistical Methods: Statistic courses talk about real estate by the numbers. Students will explore how to organize and analyze data related to property management and real estate.
- Business Organization and Management: Maintaining standards, planning and leadership are the foundations of business management courses.
- Comparative Real Estate Markets in a Global Perspective: Coursework will focus on assessing real estate markets across the globe in both rural, suburban and urban areas. In addition, the economics of emerging real estate markets are usually addressed too.
- Real Estate Valuation: It’s a skill in itself to be able to assess a property’s worth. Many factors come into play here such as the price of other properties in the area as well as the health of the overall market.
Common Skills of Online Real Estate Degree Students
Students who choose to pursue a Bachelors in Real Estate Online degree are more likely to be free thinkers and entrepreneurial. Mainly, that’s because online students and property managers both work independently, have to create and manage their own schedule, and have an attention to detail so they don’t miss anything.
Earning your Bachelors in Real Estate Online shifts some of these responsibilities onto the student. This provides students with a chance to learn and develop their writing comprehension, an ability to effectively communicate with others, and an opportunity to practice their hand at organizing, planning, and prioritizing their work load.
Finding the Perfect School for an Online Real Estate Degree
When researching each school, there is a lot to consider. First of all location may matter just like in real estate. In fact, according the 2016 Online College Students Study, 75% of online students select a school within a 100-mile radius of home. That’s because since 2014 there has been a significant increase in the number of times an online student has visited campus. Be sure to find out if the online real estate degree program has any residency requirements. This means you need to do some hands-on work in person at a certain location. Make sure you are able to meet that requirement before you commit to a program.
The board game Monopoly was originally created as The Landlord's Game to teach people about economic privilege and property taxes.
Advantages of Pursuing a Bachelor’s Real Estate Degree Online
Online learning provides some potential advantages to students. According to the same Online College Student Study, 90% of students who took both online and on-ground classes felt their experience online was better or the same as their experience on campus.
As technology improves and we all become more accustomed to meeting in the virtual world, the online learning experience has improved as well. Plus, there are other benefits to students who choose to earn their degree online. These can include potentially lower costs, flexibility in scheduling, and improved class discussions, especially for the introverts among us!
Careers after Earning a Bachelor’s Real Estate Degree Online
Many people mix up real estate agents and real estate brokers. While they do similar things, there is one big difference. Real estate brokers are licensed to manage their own real estate business. Real estate agents must work for a real estate broker because they don’t have that license. Otherwise, they both help clients buy, sell, and rent properties.ii Licensing varies from state to state, so check with your state to find out the requirements.
Graduates can also pursue a career as a property manager or community association manager.iii This job involves duties like showing properties to renters, inspecting all building facilities, and settling complaints or disputes among residents. According to the United States Bureau of Labor Statistics, employers prefer to hire college graduates over those with just a high school education, particularly for offsite roles that deal with a property’s contract or financing.iv
And that’s not all. . . . The United States Bureau of Labor Statistics expects the number of property, real estate and community association managers to rise 8% from 2014 to 2024.v Because of the rising number of elderly people in the nation, particularly good job opportunities are expected for people with property management experience at places like elder-care homes or retirement communities. Because someone has to manage all of that property!
Next Step to Earn a Bachelors Online Real Estate Degree
When deciding which school to attend, you should perform plenty of research to find the school that perfectly matches your expectations. Finally you can learn more about the real estate programs offered by individual schools by clicking on any of the sponsored listings on this page.
 onetonline.org/link/summary/41-9022.00 [ii] bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm [iii] bls.gov/ooh/management/property-real-estate-and-community-association-managers.htm#tab-2 [iv] bls.gov/ooh/management/property-real-estate-and-community-association-managers.htm#tab-4
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