One of the complaint you hear about real estate agents and professionals is the difference in knowledge between agents. We all get frustrated when the other side of a deal is not at our level of competence. Fortunately, increased professionalism coming to the industry and starting to have an impact. Recognized educational degrees will help with this.
The University of Central Florida is planning on offering a Masters of Science in Real Estate. The level of education and training and the educating of consumers of the importance of that face it huge for the real estate industry going forward. The need to differentiating the part time, wouldn’t it be fun and profitable to be a real estate agent, to the focused professional is huge. The typical buyer still thinks that an agent is an agent.
We all know this is not the case.
The UCF Board of Trustees has approved a new graduate program in the College of Business Administration that will help students achieve senior-level positions in real estate. The Master of Science in Real Estate will begin in June 2010 and will be taught in the professional format at the UCF Executive Development Center (EDC) in downtown Orlando.
The professional master’s program in real estate prepares students interested in commercial and residential brokerage and appraisal, development and mortgage brokerage. The curriculum combines a unique business core consisting of finance, accounting and marketing courses with advanced coursework in real estate. Students will earn 30 credit hours during five sessions and will be well-prepared to obtain Florida Real Estate brokerage and appraisal licenses. via UCF Newsroom.
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It would be nice if there were a few more education requirements. Here in OR not even a high school diploma is required to get your license. It shows sometimes. Its very sad when it does.
-Tyler
This is an issue that needs to be addressed by the NAR. The requirements for obtaining and maintaining a real estate license must be standardized. Otherwise, you will have situations arise where an agent can practice in one state, but not another because they do not meet the educational requirement. If the industry makes the move to push for agents to obtain a Master's degree, there must be a grandfather clause in place.