The Student Room Group

real estate

i’ve applied to a real estate course in university i’m just wondering is it worth it? is real estate a good career
Original post by Hey2244
i’ve applied to a real estate course in university i’m just wondering is it worth it? is real estate a good career


Worth it in what respect? What's your criteria? What do you hope to achieve by doing the degree instead of going straight into the job? Which role in real estate are you going for? Good career in what context? Work life balance? Job opportunities? In which country/internationally? I kind of hate it when people are this vague.

Is it worth it to become an estate agent or lettings agent? No, because you never need it.
Is it worth it to become a civil engineer? You will ultimately need a degree related to civil engineering, but you can also do a degree apprenticeship.
Is it worth it to become a quantity surveyor? Probably; but you can do this without the degree
Is it worth it at which uni? Worth it how?

If you can be specific, I might be able to help answer some of these questions.
Reply 2
as in is it a good career to have and after uni would it be easy for me to find a job in real estate and the pay and stuff
Reply 3
i wanna be a real estate agent and i’m just not sure if it’s a good course and if i’ll get anything good out of it and if there’s many job opportunities for it also about the holidays and stuff
Original post by Hey2244
i wanna be a real estate agent and i’m just not sure if it’s a good course and if i’ll get anything good out of it and if there’s many job opportunities for it also about the holidays and stuff


You can become an estate agent right out of school. You would never need a degree in it, at least for roles in the UK (in some countries, you would specifically need a license accepted in the local province/state).

I don't know which specific degree you're refering to. This could be civil engineering, real estate economics, real estate, surveying... if you can be specific about the university and the degree, it would be significantly helpful.

Job opportunities for estate agents? Probably quite a bit, although I don't know what the current situation is with the property market.
Job opportunities in other areas of property or real estate? I can't say for sure, although it would definitely be more competitive than being an estate agent.
(edited 8 months ago)
Original post by Hey2244
as in is it a good career to have and after uni would it be easy for me to find a job in real estate and the pay and stuff

You would need to be specific about the career that you want; property/real estate is not a small industry and there isn't one type of role there.

If you're specifically asking about estate agents, then the salary depends on how well you sell (it's a sales job). If you perform poorly, it will pay bad and you're not likely going to keep the job. If you perform well, you get paid well.

See the following if you're based in the UK:
https://nationalcareers.service.gov.uk/job-profiles/estate-agent
https://www.prospects.ac.uk/job-profiles/estate-agent
https://targetjobs.co.uk/careers-advice/job-descriptions/estate-agent-job-description
https://www.brightnetwork.co.uk/career-profiles/estate-agent/#training
https://www.careerpilot.org.uk/job-sectors/sales-marketing/job-profile/estate-agent
Reply 6
i applied to birmingham city university the course is real estate
Original post by Hey2244
i applied to birmingham city university the course is real estate


The degree gives you a good outline of what is involved in real estate (so general knowledge on property), but what particularly is useful about the degree is that it would help you qualify to become a surveyor after uni (accredited by RICS).

If you want to become a professional surveyor (and their salaries aren't cheap), where you get the opportunity to work internationally then it's a good degree to have. The competition for jobs would definitely be more than that of an estate agent though, and you would be taking on more risk.
If on the other hand you're dead set on becoming an estate agent, it's very unnecessary and won't likely to help you that much.

If you want to find out more about being a surveyor, see:
https://nationalcareers.service.gov.uk/job-groups/2434
https://www.prospects.ac.uk/job-profiles/building-surveyor
https://targetjobs.co.uk/careers-advice/job-descriptions/commercialresidentialrural-surveyor-job-description
https://www.rics.org/surveyor-careers/surveying/what-surveyors-do (pay particular attention to this website)
https://www.careerpilot.org.uk/job-sectors/design-planning/job-profile/building-surveyor
Reply 8
Original post by MindMax2000
The degree gives you a good outline of what is involved in real estate (so general knowledge on property), but what particularly is useful about the degree is that it would help you qualify to become a surveyor after uni (accredited by RICS).

If you want to become a professional surveyor (and their salaries aren't cheap), where you get the opportunity to work internationally then it's a good degree to have. The competition for jobs would definitely be more than that of an estate agent though, and you would be taking on more risk.
If on the other hand you're dead set on becoming an estate agent, it's very unnecessary and won't likely to help you that much.

If you want to find out more about being a surveyor, see:
https://nationalcareers.service.gov.uk/job-groups/2434
https://www.prospects.ac.uk/job-profiles/building-surveyor
https://targetjobs.co.uk/careers-advice/job-descriptions/commercialresidentialrural-surveyor-job-description
https://www.rics.org/surveyor-careers/surveying/what-surveyors-do (pay particular attention to this website)
https://www.careerpilot.org.uk/job-sectors/design-planning/job-profile/building-surveyor


ohh right thankyou, could you explain what a surveyor is though and like whats involved? if this degree wont help me much i might change it to business with business law
Reply 9
sorry im thinking of changing it to law with business law*
Original post by Hey2244
i’ve applied to a real estate course in university i’m just wondering is it worth it? is real estate a good career



Real estate can be a pretty cool gig if you're into it. It's a hustle, no doubt, but if you've got the charisma, negotiation skills, and a knack for reading the market, you could totally rock it. Plus, it's all about the connections you make.

If you’re based in the US, the following info might help makeup your mind: https://www.bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm

This site can help you prepare in the US for real estate license application: https://backgroundcheckrepair.org/background-check-for-real-estate-license/
Reply 11
Is the course RICS accredited? I know Birmingham City is well know for quantity surveying courses. That is definitely a route you should look into.
Original post by Hey2244
ohh right thankyou, could you explain what a surveyor is though and like whats involved? if this degree wont help me much i might change it to business with business law

Should I presume you didn't look at the links I gave you? They more or less tell you what it is and what it entails.

"Chartered surveyors conduct surveys related to the measurement, management, valuation and development of land, natural resources, buildings, other types of property, and infrastructure such as harbours, roads and railway lines."
See: https://nationalcareers.service.gov.uk/job-groups/2434

For example:
"Building surveyors advise clients on technical, design, maintenance and repair on a range of property types
As a building surveyor, you'll complete detailed reports, known as building surveys; within which you'll identify defects and advise on repair, maintenance and restoration options.
Projects can include existing buildings, buildings of architectural or historic importance and the development of new ones. You may implement preventative measures to keep buildings in good condition and look for ways to make buildings sustainable.

Responsibilities
As a building surveyor, you'll need to:

ensure projects are completed on budget and to schedule

advise clients on schemes and projects and determine requirements

prepare scheme designs with costings, programmes for completion of projects and specification of works

organise documents for tender and advise on appointing contractors, designers and procurement routes

determine the condition of existing buildings, identify and analyse defects, including proposals for repair

advise on energy efficiency, environmental impact and sustainable construction

instruct on the preservation/conservation of historic buildings

advise on the management and supervision of maintenance of buildings

deal with planning applications and advise on property legislation and building regulations

assess and design buildings to meet the needs of people with disabilities

instruct on construction design and management regulations

negotiate dilapidations (when there is a legal liability for a property's state of disrepair)

carry out feasibility studies

advise on the health and safety aspects of buildings

advise on boundary and 'right to light' disputes and party wall procedures

prepare insurance assessments and claims.


Salary

As a graduate, assistant or junior building surveyor, you can expect to earn £26,400. In London, graduate salaries are around £30,000.

With a few years' experience, as a qualified, consultant or analyst building surveyor, you can earn in the region of £50,000, rising to approximately £77,000 as a partner or director.

According to the RICS Macdonald & Company Rewards & Attitudes Survey 2020-2021, chartered building surveyors earn around 38% more than their non-chartered counterparts.

Salaries vary depending on location, with central London offering the highest.

Additional benefits often include bonuses, a company car, mobile telephone and pension.

Income data from RICS. Figures are intended as a guide only."
See: https://www.prospects.ac.uk/job-profiles/building-surveyor

Should you change your degree to business and law, why do you want to study business and law?
Don't get me wrong, the degree does teach you stuff about business and law which can be useful for a variety of things, but you can go into law and business without a degree as well. Why specifically business and law? It's generally different to real estate, even though there are elements of both in real estate.

If you're doing a random degree that's "practical" and can be used in industry after graduation, what's stopping you from doing something like:

Graphics, UX, Product Design

Architecture

Medicine, Vetinary Science, Dentistry

Nursing, Midwifery

Nutrition, Dietics

Physiotherapy, Sports Science

Chemistry

Accounting, Marketing, Human Resources, Actuarial Science, Finance

Physics, Engineering

Computer science and software engineering

Law (LLB)

Biomed, Biochem, Biological sciences, Biology

Economics

Modern Languages

English Lit, Creative Writing

Pilot studies

Mathematics

Agriculture

Hospitality

Politics

Music?

Business and law is a little random when you initially wanted to do real estate/surveying.
(edited 8 months ago)
Reply 13
idk i’m just kind of confused i decided to apply for law(LLB) at bcu instead because i researched more about the real estate course and a lot of people said it would b a waster of 3 years since you don’t even need a degree to do it
Original post by Hey2244
idk i’m just kind of confused i decided to apply for law(LLB) at bcu instead because i researched more about the real estate course and a lot of people said it would b a waster of 3 years since you don’t even need a degree to do it

You don't need a degree in real estate to become a surveyor or go into property. You can often go into apprenticeships for various roles where you end up having a degree level education for certain roles like surveying or civil/structural engineering. Most other roles won't require a degree.

I can say the same thing for becoming a solicitor though i.e. you don't need a degree to become a solicitor; you can do a degree apprenticeship or CILEx up to level 6. You can also do a degree in a random subject and then go to do the SQE.
You only need an LLB or a PGDL should you wish to become a barrister.

For a number of areas of business, you don't need a degree. Even if you're doing qualifications for promotions, you can do the professional qualifications for your specific field, and they tend to be a lot faster and cheaper than doing a degree.

The only areas that I could think of where you would specifically need a degree (and cannot do an apprenticeship or do professional qualifications as alternatives) would be in some roles in education, barrister, certain roles in healthcare, some research roles, and academia.
(edited 8 months ago)

Quick Reply

Latest

Trending

Trending