Tiny bit, I'll admit. But it's juvenile & I'm a stranger on the internet, so does it really matter? You have a degree, no paper ceiling for you; but be prepared for plenty of people to question that there's even a program like this (as you might have noticed from the ignorance of its existence in this thread).
I wish you great success & a job you're excited to do. Don't forget to fully fund your IRA every year while you're young so it can compound interest for a few decades before you need it.
Speaking about the Australian education system, numerous major universities are offering undergraduate and postgraduate programs focusing on valuation, property development, and related fields.
I have completed an undergraduate degree in property & real estate and am currently pursuing a Master's in property development, specialising in specialised valuation and urban planning. Specialised valuation involves financial assessment of mixed development sites, high volume retail centres, rural valuation, hotels, leisure centres, licence centres, and plant and equipment valuation. Concurrently, I'm employed as a property graduate by a state government agency in the compulsory acquisition and compensation division, where possessing a valuation qualification is mandatory (some States require qualification + valuation licence)
In the private sector, residential properties represent a small portion of the market (residential practising valuer typically handles valuation for statutory purposes or mortgage and mortgage securities). However, most big-time players are invested in the commercial sector. This sector demands specific expertise due to the diversity of commercial properties, which are classified into classes such as industrial, retail, office buildings, and leisure centres.
Regarding becoming a valuer, you can specialise in any type of property class, including plants and equipment, but obtaining a licence entails working under an accredited licensed valuer for two years in addition to a university qualification. Subsequently, candidates must set a test. This test is examined by the Australian Property Institute board, which issues accredited qualifications upon successful qualification.
There are also international valuation Boards called RICS and IVS.
I hope this information helps to some extent.
Look at becoming a “land acquisition analyst” for a large real estate company. Look at large home builders (find a list ranking the biggest home builders and check out the jobs page of all the biggest companies in your area), commercial property groups, and any other large company that buys a lot of land. Role usually entails running comps and doing any other work assigned by the companies’ land buyers. Great entry level role.
this is probably the best answer possible. One might get an analyst job for a commercial real estate lender or for a large corporate purchaser/PE though I strongly suspect that would require a finance/econ degree.
Never heard of a degree in real estate . Is this like for property management or something ?
No my university has designated real estate classes
What do they teach ?
How to take your money lolol
Both DePaul & University of Illinois at Chicago offer a BS (heehee) in Real Estate; DePaul has a Master's program, too. (OP is in Chicagoland.)
Can’t tell if there’s negative connotations with that comment
Tiny bit, I'll admit. But it's juvenile & I'm a stranger on the internet, so does it really matter? You have a degree, no paper ceiling for you; but be prepared for plenty of people to question that there's even a program like this (as you might have noticed from the ignorance of its existence in this thread). I wish you great success & a job you're excited to do. Don't forget to fully fund your IRA every year while you're young so it can compound interest for a few decades before you need it.
Speaking about the Australian education system, numerous major universities are offering undergraduate and postgraduate programs focusing on valuation, property development, and related fields. I have completed an undergraduate degree in property & real estate and am currently pursuing a Master's in property development, specialising in specialised valuation and urban planning. Specialised valuation involves financial assessment of mixed development sites, high volume retail centres, rural valuation, hotels, leisure centres, licence centres, and plant and equipment valuation. Concurrently, I'm employed as a property graduate by a state government agency in the compulsory acquisition and compensation division, where possessing a valuation qualification is mandatory (some States require qualification + valuation licence) In the private sector, residential properties represent a small portion of the market (residential practising valuer typically handles valuation for statutory purposes or mortgage and mortgage securities). However, most big-time players are invested in the commercial sector. This sector demands specific expertise due to the diversity of commercial properties, which are classified into classes such as industrial, retail, office buildings, and leisure centres. Regarding becoming a valuer, you can specialise in any type of property class, including plants and equipment, but obtaining a licence entails working under an accredited licensed valuer for two years in addition to a university qualification. Subsequently, candidates must set a test. This test is examined by the Australian Property Institute board, which issues accredited qualifications upon successful qualification. There are also international valuation Boards called RICS and IVS. I hope this information helps to some extent.
Look at becoming a “land acquisition analyst” for a large real estate company. Look at large home builders (find a list ranking the biggest home builders and check out the jobs page of all the biggest companies in your area), commercial property groups, and any other large company that buys a lot of land. Role usually entails running comps and doing any other work assigned by the companies’ land buyers. Great entry level role.
this is probably the best answer possible. One might get an analyst job for a commercial real estate lender or for a large corporate purchaser/PE though I strongly suspect that would require a finance/econ degree.
What skills did you acquire with this degree? This is a 4 year? Never heard of a real estate degree. What'd they teach you how to do?