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Degree in Real Estate watch

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    Hi I wanted your opinions on applying to an undergraduate degree in Real Estate. My main worries is that there are only a few unis who offer it and even fewer with a reputable reputation in regards to employment prospects. Also, it has to be noted that the entry requirements are very low and I'm just unsure to the reasons why?(except for Reading). My other worry is that it may be to specific for an undergrad degree. Am I better choosing a more diverse degree such as Economics or an Investmemt like degree then specialising in Real Estate as a Masters?


    Any input would be greatly appreciated!😊

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    Do a degree in property development or quantity surveying

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    (Original post by TomFitness)
    Hi I wanted your opinions on applying to an undergraduate degree in Real Estate. My main worries is that there are only a few unis who offer it and even fewer with a reputable reputation in regards to employment prospects. Also, it has to be noted that the entry requirements are very low and I'm just unsure to the reasons why?(except for Reading). My other worry is that it may be to specific for an undergrad degree. Am I better choosing a more diverse degree such as Economics or an Investmemt like degree then specialising in Real Estate as a Masters?


    Any input would be greatly appreciated!😊

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    You don't need a degree to be an estate agent, most of the time you need sales experience, charisma and a car/driver's license. Don't waste 3 years of your life and thousands of your yet-to-earn pounds.
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    (Original post by Lime-man)
    You don't need a degree to be an estate agent, most of the time you need sales experience, charisma and a car/driver's license. Don't waste 3 years of your life and thousands of your yet-to-earn pounds.
    totally agree
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    (Original post by TeeEm)
    totally agree
    Part of the reason that graduate unemployment is relatively high is because of degrees like this are being offered and that young people are naive enough to take them. OP talked about doing a degree in Economics, but if he wants to go into estate agency then what's the point, it's undermining the "value" of a degree. He'd be better off taking 3 gap years, than spending £30k studying something worthless to him.
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    That sounds like the dumbest degree ive ever heard of

    (Original post by Lime-man)
    Part of the reason that graduate unemployment is relatively high is because of degrees like this are being offered and that young people are naive enough to take them. OP talked about doing a degree in Economics, but if he wants to go into estate agency then what's the point, it's undermining the "value" of a degree. He'd be better off taking 3 gap years, than spending £30k studying something worthless to him.
    Honestly i reckon the government should simply ban these degrees or force universities to put a massive label on these kinds of degree. Its sad to see people being tricked taking this up, tricked by your university that it will boost your chance ofgetting a job and end up on JSA with 50k debt.
    I understand doing a module or 2 with extra emphasis on the real estate market, but a full 3 years degree is ridicolous.
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    (Original post by Mentally)
    That sounds like the dumbest degree ive ever heard of



    Honestly i reckon the government should simply ban these degrees or force universities to put a massive label on these kinds of degree. Its sad to see people being tricked taking this up, tricked by your university that it will boost your chance ofgetting a job and end up on JSA with 50k debt.
    I understand doing a module or 2 with extra emphasis on the real estate market, but a full 3 years degree is ridicolous.
    Why would a government do that? While these people are in crap universities studying crap degrees they're keeping the unemployment statistics down until they graduate and are unemployed and are the next government's problem.
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    (Original post by Lime-man)
    You don't need a degree to be an estate agent, most of the time you need sales experience, charisma and a car/driver's license. Don't waste 3 years of your life and thousands of your yet-to-earn pounds.
    Hi thanks for the reply. The main problem is obviously that most jobs want experience so its hard to come by one without it. I think I'm going to look into studying a more traditional degree then maybe specialise as I could change my mind again!

    Edit: As much as I agree that it might be a "mickey mouse" degree compared to others, the statistics of graduates is surprisingly good especially at the top end unis such as Reading (95% in a professional/managerial job after 6 months)

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    (Original post by TomFitness)
    Hi thanks for the reply. The main problem is obviously that most jobs want experience so its hard to come by one without it. I think I'm going to look into studying a more traditional degree then maybe specialise as I could change my mind again!

    Edit: As much as I agree that it might be a "mickey mouse" degree compared to others, the statistics of graduates is surprisingly good especially at the top end unis such as Reading (95% in a professional/managerial job after 6 months)

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    You can end up in a decent position like that without a degree, you'd probably be better off doing an apprenticeship with an estate agency. Crap pay, but a year's experience and you won't be in thousands of pounds of debt
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    A 'real estate' degree IS NOT a degree you take if you want to become an estate agent! It is completely different! It is a relatively unknown degree and many of the career paths that people who do the degree are not at all obvious. I only thought about applying to do this course because my dad works in property, many of my friends etc think that I am going to become some glorified estate agent or something by the end of it, this really is a misconception. Most people who do this degree go to work for property companies (e.g. JLL) after their degree to complete their assessment of professional competence in order to become a chartered surveyor by the RICS, similarly to how accountants become chartered. I was slightly concerned about the low entry requirements but after attending various open days at Nottingham Trent, Reading, Oxford Brookes, Northumbria and Sheffield Hallam it became clear that because nearly no-one starting the course will have much experience they decide to put the entry requirements lower. Readings are higher because it is a more academic course, and arguably a more prestigious university. The course leader at Sheffield Hallam said that they had the option of putting up the grades but didn't as they didn't want to discourage people from applying.

    I get the impression that the course is pretty similar at all the unis that offer it. It contains aspects such as property valuation, property law, planning and development, economics, investment, property management etc.

    Hope this helps! I have met a load of people on work experience who have done this degree at various unis and all have great careers that are pretty far away from anything to do with estate agency!!! You should go to open days to see for yourself though I have applied for this course and put Sheffield Hallam as my firm choice, I went to all the the other open days though and they all seemed like really good courses and good unis!
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    This is true^

    Real estate isn't a degree for estate agency. It is an RICS accredited degree which you NEED to become a chartered surveyor which is a different (better paid) job, not just selling houses.

    I also have applied to Hallam, reading, brookes, nothumbria and trent. I received an unconditional from Hallam for my large amount of work experience in many different sectors of the industry

    See you next year Holly
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    (Original post by TomFitness)
    Hi I wanted your opinions on applying to an undergraduate degree in Real Estate. My main worries is that there are only a few unis who offer it and even fewer with a reputable reputation in regards to employment prospects. Also, it has to be noted that the entry requirements are very low and I'm just unsure to the reasons why?(except for Reading). My other worry is that it may be to specific for an undergrad degree. Am I better choosing a more diverse degree such as Economics or an Investmemt like degree then specialising in Real Estate as a Masters?


    Any input would be greatly appreciated!😊

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    Hi

    I am a student ambassador at the University of Reading and study Philosophy so I do not know lots about real estate!
    But, I can understand if you are confused as it is a big decision to make. I would recommend looking at the pros and cons of studying real estate alongside something like economics if that is what you are interested in.
    You want to pick a degree that you will enjoy studying for three or more years, so if real estate is something you think you would enjoy then go for that!

    From looking at the course, your career prospects are not limited at all. Graduates from Reading have gone onto working on a project building a new city for 30 million people in China, and the new olympic park.

    So, my advice would be to think about what you would enjoy doing at university.
    Hope this has been some help!
    Any further questions about degrees or what life is like at Reading feel free to ask!

    Sophie
    Second Year Philosophy student
 
 
 
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