Edited By Julian Palacio
Review & Contribution By Emily Johnson
An Associate Degree in Real Estate covers market trends, legal frameworks, negotiation tactics, and client relations. It sets a solid foundation for success in the industry.
In the dynamic world of real estate, a diverse range of professionals—such as commercial and residential agents, mortgage brokers, property managers, and independent investors—navigate a fiercely competitive landscape with determination and ambition. Many of these individuals are entrepreneurial spirits, driven by the desire to carve out their career path. However, they understand the importance of acquiring top-notch education and training to solidify their position and achieve their career goals. It is where the associate degree in real estate becomes invaluable. Equipped with this qualification, professionals gain access to a wealth of essential knowledge to enhance their performance in the field. This program imparts crucial information by delving into intricate details of real estate market dynamics. It cultivates a readiness typically associated with seasoned industry veterans. Bridging the gap between aspiration and achievement, the real estate associate degree allows individuals to thrive in the dynamic and ever-evolving realm of real estate
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Find the Best Associate Degree in Real Estate Online
The best associate degree in real estate can be evaluated based on factors such as the faculties, infrastructure, alumni network, the college’s exposure, placements, internships, and, not to miss, the knowledge base. The reputation that the college holds is also a deciding factor. Moreover, some students might also choose a college basis that returns on investment after the program. Considering all the above factors and FBD’s Ranking Methodology, here is a list of best associate degree in real estate:
| Univ | Address |
| North Seattle College | 9600 College Way North, Seattle, Washington 98103 |
Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page.
What to Expect from an Associate Degree in Real Estate
An associate degree in real estate is a two-year program if taken up full-time. It introduces students to the world of real estate, providing them with a solid foundation in key aspects of this industry. They learn about real estate properties’ purchase, sale, and management. Courses covering real estate law, contracts, and zoning regulations provide essential knowledge of regulatory and legal aspects of real estate transactions. Those who have completed high school are eligible to take up this program. The main courses could include sale techniques, real estate financing, real estate principles, legal aspects of real estate, real estate law, and more. The associate’s program can be completed in 60 credits, capture the domain’s fundaments, and equip students with the required skills to excel in multiple roles in real estate. The degree opens up many job opportunities such as an agent, broker, inspector, appraiser, mortgage or loan officer, and property manager.
Curriculum and Coursework
The online associate program in Real Estate is a two-year program that lays a strong foundation of the fundamentals of the domain. The students can also transfer the credits to the bachelor’s program, an added advantage. A wide range of issues relating to business and property are included in the real estate field. Those who enroll in this program may learn about commercial real estate, contract law, market trends, consumer behavior, financial markets, and business procedures. Below are some of the common courses in the program
Principles of Real Estate I
This foundational course in the program explores the core principles and practices essential to understanding the real estate industry. Students delve into the ethical responsibilities of licensed professionals, including legal descriptions, encumbrances, and liens. Deeds, personal and real property distinctions, finance regulations, and appraisal processes are also covered. Additionally, they master closing procedures and hone their skills in real estate math, which is crucial for conducting transactions with precision and accuracy.
Principles of Real Estate II
Building upon the knowledge gained in Principles of Real Estate I, this advanced course delves deeper into the intricacies of the real estate profession. With a focus on strengthening foundational concepts, students explore nuanced topics within the industry in-depth. Through a comprehensive study, learners gain a deeper understanding of complex principles and emerge with heightened proficiency in critical real estate practice areas.
Law of Contracts
In this course, students explore the fundamental elements of contracts within the context of real estate transactions. Beyond basic contract principles, learners delve into statutes of fraud, specific performance, and remedies for breach. Additionally, the course covers commission rules, unauthorized practice of law, and owner disclosure requirements, equipping them with a comprehensive understanding of legal considerations integral to successful real estate negotiations.
Real Estate Finance
This course comprehensively examines financial concepts and practices relevant to real estate professionals. Students gain insights into monetary systems, primary and secondary financial markets, and federal programs. Learners acquire a solid foundation in real estate finance by exploring mortgage loan sources, loan applications, and closing costs. Additionally, alternative financial tools and strategies are explored to broaden their understanding of financing options available in the industry.
Law of Agency
This course focuses on the legal framework governing agency relationships and delves into the rights and obligations of principals and agents in real estate transactions. Topics covered include principal-agent relationships, the authority of agents, and the termination of agency agreements. Students also explore additional duties of agents, deceptive trade practices, employment law considerations, and disclosure requirements. Through comprehensive study, learners develop a nuanced understanding of agency law and its implications for real estate professionals.
Other courses students can find as part of various curricula include
- Contract Forms and Addenda
- Business Computer Applications
- Real Estate Appraisal
- Real Estate Marketing
- Real Estate Mathematics
- Real Estate Practicum I
- Business English
- Real Estate Investments
- Real Estate Computer Application
- Real Estate Brokerage
- Real Estate Practicum II
- Interpersonal Communication
- Business and Professional Speech
- Public Speaking
Learning Outcomes and Skills Gained
The student with an associate degree in real estate possesses diverse skill sets essential for excelling as a real estate agent. These skills include the ability to
- demonstrate a strong understanding of foundational principles in real estate, including legal regulations, ethical considerations, and industry standards;
- demonstrate conduction of market analysis and research to identify trends, assess property values, and understand the dynamics of local real estate markets;
- demonstrate effective communication and negotiation skills are crucial for building rapport with clients, understanding their needs, and successfully closing real estate transactions;
- demonstrate excellent customer service, ensuring that clients receive professional and responsive assistance throughout the buying or selling process;
- demonstrate strong attention to detail, ensuring accuracy in documentation, contracts, and transactional paperwork to avoid errors or discrepancies;
- demonstrate problem-solving abilities to navigate challenges or obstacles during transactions effectively and find solutions;
- demonstrate strong time management and organizational skills to handle multiple clients, appointments, and tasks efficiently while maintaining a high level of professionalism;
- demonstrate ethical standards and integrity in all aspects of their work, ensuring transparency, honesty, and fairness in their interactions with clients and colleagues;
- demonstrate proficiency in using industry-specific software for property listings, market analysis, and client management;
- demonstrate continuous learning and professional development to stay updated on industry trends, regulations, and best practices, enhancing their skills and expertise throughout their career.
Types of Degrees Real Estate Students Can Obtain
An online associate’s degree in real estate can be earned under various names. The content and basics of all programs are the same. This degree is awarded as an Associate of Arts in Real Estate Studies or an Associate of Applied Science in Real Estate Studies.
Associate of Arts in Real Estate Studies
An AA degree offers a fundamental education in a particular field, usually with a liberal arts emphasis. For the transfer to a bachelor’s degree, a program may place more emphasis on general education credits. This course offers crucial information and instruction for students interested in real estate investing, especially those in government who deal with real estate. After completing the general education and major course requirements satisfactorily, an associate of arts degree in real estate will be granted.
Associate of Applied Science in Real Estate Studies
When pursuing an AS degree, students major in math, physics, or business. Those who complete this program are prepared to work in real estate sales, appraisal, brokerage, and finance. This program may benefit individuals seeking to advance their professional expertise and those new to the field.
Areas of Specialization for Real Estate Students
Students of real estate associate degrees are generally not offered specializations as they are in a very elementary stage of education. Specializations are essential to sharpen their skills in a particular domain by providing rigorous training. These are also helpful in carving a niche while looking for jobs. Moreover, it even makes the selection job more accessible for the employer. As the degree progresses, they are offered specializations in real estate. In the bachelor’s degree, ones gets the option to choose their specialization amongst the following:
| Area of Specialization | Description | Career Options |
|---|---|---|
| Commercial Real Estate | Commercial Real Estate specialization focuses on the buying, selling, and leasing properties designed for commercial purposes, such as office buildings, retail spaces, and industrial complexes. Students learn about market analysis, property valuation, lease negotiation, and property management specific to commercial properties. They also explore regulatory requirements, zoning laws, and environmental considerations affecting commercial real estate projects. | Careers as commercial real estate agents, leasing consultants, property managers, asset managers, real estate developers specializing in commercial projects, or analysts in commercial real estate firms or investment companies. |
| Construction Management | Construction Management specialization focuses on planning, coordinating, and executing construction projects. Students learn about project management principles, construction methods and materials, cost estimation, scheduling, and risk management in construction projects. They also study regulatory compliance, safety protocols, and sustainability practices in construction. | Careers as construction project managers, construction supervisors, site engineers, cost estimators, construction consultants, or facility managers in construction companies, real estate development firms, government agencies, or consulting firms specializing in construction. |
| Property Development | Property Development specialization focuses on acquiring, developing, and selling real estate properties. Students learn about market research, site selection, feasibility analysis, land acquisition, zoning and permitting, and project financing in property development projects. They also study design and construction principles relevant to property development. | Careers as real estate developers, land acquisition specialists, development managers, project coordinators, or investment analysts in real estate development companies, property management firms, or real estate investment trusts (REITs). |
| Finance and Development | Finance and Development specialization combines financial analysis and real estate development principles. Students learn about investment analysis, financial modeling, capital markets, and risk management specific to real estate projects. They also study real estate finance, including debt and equity financing, taxation, and financial structuring in real estate transactions. | Careers as real estate investment analysts, financial analysts, asset managers, investment bankers specializing in real estate, development finance managers, or portfolio managers in real estate investment firms, commercial banks, investment banks, or private equity firms. |
Full-Time and Part-Time Programs
An associate’s degree in real estate can be part-time or full-time. A full-time associate’s degree student must complete 60 credit hours for around two years. It may vary a little depending on the requirements of particular universities. Some prefer to take up the degree part-time because they have other responsibilities to fulfill. This program is the same as a full-time but takes longer to complete. It gives students ample time to earn while they study. The part-time program generally takes three years or a little more to complete. Seven years is the maximum time to complete a part-time associate’s degree in real estate.
Requirements for an Associate Degree in Real Estate
Admission to a university for an associate degree in real estate online program has some requirements that a candidate must fulfill. Some programs may have mathematics, English, or business fundamentals prerequisite courses. These courses may need to be completed before starting the core real estate coursework. The requirements may differ from university to university. Below are the requirements for an associate degree in real estate online program:
How to Ensure an Associate Degree in Real Estate Is Accredited
Accreditation is one of the essentials when it comes to choosing a university. It ensures that the university’s quality standards are at par with industry requirements and that the degree will be acceptable. Accreditation is only offered to universities when they match some of the specific requirements set by the accrediting body. The associate’s degree in real estate online should be accredited by the following:
- New England Commission of Higher Education (NECHE) [1]
- Middle States Commission on Higher Education (MSCHE) [2]
- Higher Learning Commission (HLC) [3]
- Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) [4]
- Northwest Commission on Colleges and Universities (NWCCU) [5]
- Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC) [6]
The Accreditation Council for Business Schools and Programs (ACBSP)[7] provides programmatic accreditation for this program. Read the accreditation guide to learn more about accreditation bodies and its value.
Free Real Estate Courses
Apart from the degree program, earning certificates is always a good idea. They enhance the knowledge base and offer extra exposure to the students. They get to learn much more than the coursework consists of. Numerous free real estate courses are available online, which can be pursued along with the regular program. Here are some to explore:
| Course | Description | Provided by |
|---|---|---|
| Commercial Real Estate Investing for Beginners[8] | This course will help the students master the skills required to be a commercial real estate investor. The education is imparted in layman’s language, making it easy for them to understand. Students can learn how to earn well and make their passive income exceed their monthly expenses. | Udemy |
| How to Become a Real Estate Agent[9] | This course benefits students to become successful licensed real estate agents. They will not only learn the nuances but also master them and understand the fundamentals of the real estate industry and how to become a real estate agent. | Udemy |
| Socially-Responsible Real Estate Development[10] | Using SIA, EIA, and consultation techniques will show students how to assess a development project and engage in socially responsible real estate on their own. Also, it’s meant to assist students in developing their theories on what exactly qualifies as socially responsible real estate development. | Class Central |
Ways to Pay for an Associate Degree in Real Estate
Some might find a real estate associate’s degree expensive. Thus, students often search for ways to pay for college for the program. Though the online program is more economical as their boarding and lodging expenses are sorted, some might face issues bearing the cost. There are various sources via which the fees can be managed. Below mentioned are some of the ways to pay for college.
Scholarships
Students who perform excellently in academics, sports, athletics, or arts are awarded scholarships. Numerous organizations, individuals, communities, and NGOs offer scholarships to suitable candidates. The best part about scholarships is that the reward money need not be paid back.
Grants
Grants are often awarded to needy applicants. The amount offered as a grant differs from individual to individual and from situation to situation they are in. Grants are used to pay off different educational expenses such as tuition fees, boarding charges, and even books & stationaries. Like scholarships, grants also need not be paid back.
Student Loans
Banks, the federal government, or other financial institutions often lend money to prospective applicants, called student loans. There is an interest rate at which the money is borrowed, and it has to be returned at the time of the principal amount return. Students can also explore options such as donors and grants to help them pay off loans.
FAFSA
Students can apply for a Free Application for Federal Student Aid or FAFSA. It lets them know what federal financial aid they are eligible for. Read more on FAFSA to better navigate college funding ways.
Work-Study Programs
Work-study programs enable students to work part-time jobs on or off campus to earn money towards their education expenses. These positions often align with their field of study, providing valuable work experience and financial support.
Part-Time Employment
Students can seek part-time employment outside school to supplement their income and cover educational costs. It includes internships, freelance work, or other employment opportunities pertinent to their field, such as positions in advertising or marketing.
Employer Tuition Assistance
Some employers provide tuition assistance programs as part of their employee benefits package. Eligible employees may receive reimbursement or financial support to pursue further education, including obtaining an associate’s degree in advertising or related fields. It can significantly reduce the financial burden of education while allowing students to advance their careers.
Career Opportunities and Salaries for Associate Degree in Real Estate Students After Graduating
An online associate’s degree in real estate opens up various job options in front of students. The real estate market is booming, and so are the employee requirements. They can explore many domains, such as:
- Residential Brokerage
- Property Management
- Commercial Brokerage
- Apartment Locating
- Real Estate Law and Regulation
- Real Estate Technology and Data Analysis
- Mortgage Lending
- Real Estate Sales and Brokerage
- Residential Real Estate
- Real Estate Finance and Investment
- Sustainability and Green Building
Below are some of the most popular job options among real estate associate graduates:
| Occupation | Skills Required | Median Annual Salary | Job Growth (up to 2032) | Job Description |
|---|---|---|---|---|
| Real Estate Brokers and Sales Agents [11] | Business skills, interpersonal skills, organizational skills, and Communication skills | $52,030 per year | 3% as fast as average | Real estate brokers and sales agents are vital in facilitating property transactions. They leverage their expertise to guide clients through the complex process of buying, selling, or renting real estate. Their responsibilities encompass a range of tasks, including soliciting potential clients and providing them with informed advice on pricing, mortgages, and market conditions. |
| Property, Real Estate, and Community Association Managers [12] | Communication, listening, customer service, organizational, and problem-solving skills. | $60,670 per year | 5% as fast as average | Property, real estate, and community association managers are pivotal in overseeing and maintaining properties to ensure smooth operations and tenant satisfaction. Their responsibilities include meeting prospective tenants or owners to showcase properties and discussing lease terms. They collect monthly fees, conduct regular building facility inspections, and arrange necessary repairs or upgrades. Additionally, managers handle financial matters such as bill payment, budget preparation, and financial reporting. |
| Loan Officers [13] | Decision-making skills, detail-oriented, and interpersonal skills | $65,740 per year | 3% as fast as average | Loan officers are critical intermediaries between financial institutions and individuals or businesses seeking loans. Their responsibilities encompass a range of tasks, starting with reaching out to potential borrowers to gauge their interest and need for a loan. They engage in detailed discussions with loan applicants, gathering comprehensive information about their financial status and needs while clarifying various loan options and terms. |
| Property Appraisers and Assessors [14] | Analytical skills, math skills, problem-solving skills, organizational skills, and time-management skills | $61,560 per year | 3% faster than average | Property appraisers and assessors are crucial in determining the value of real estate properties and other tangible assets. Their responsibilities involve meticulously verifying property descriptions through consultations with public records, conducting thorough inspections of properties while noting their characteristics, and documenting them through photography. They analyze comparable properties or items to provide accurate valuation assessments and prepare detailed written reports on property values based on their findings. |
Certifications and Licensing for Associate Degree in Real Estate Graduates
A student with an associate’s degree in real estate can look for extra certifications and licensing. These certifications can help them carve a niche for themselves. They indicate that they have expertise in a particular area and might be the best fit for a specific position. Some certifications that associate real estate students might be eligible for are listed below.
Real Estate Negotiation Expert [15]
This certification is for all students who want to improve their negotiation skills. They are also offered expertise in managing the backend scenes. Further, they will also master the skill of managing various personalities and scenarios and sorting out the objectives of the involved parties in the deal.
Seniors Real Estate Specialist [16]
Students who desire to satisfy the unique needs of aging Americans while selling, purchasing, relocating, or refinancing their residential or investment properties can earn the Seniors Real Estate Specialist (SRES) title. The SRES accreditation equips them to approach older clients with the best options and knowledge so they may make important decisions in their lives.
The At Home with Diversity certification course material is created to provide candidates with the skills they need to succeed in a rapidly evolving multicultural market. It will aid in developing professional guidelines for dealing with people in the diverse real estate market and diversity sensitivity and how it relates to U.S. fair housing legislation in their firm.
Additional Resources for Associate Degree in Real Estate Graduates
Getting associated with professional organizations related to the field of study always benefits. The exposure it offers is unparalleled. Students interact with people from the same domain and learn from them significantly. They get to understand how work happens in a real-world scenario. These associations offer training, a chance to participate in conferences & meetings, research opportunities, and job leads. It is always advisable for those with an associate degree in real estate to get associated with related associations, including:
| Title/Resource | Description |
|---|---|
| The American Real Estate and Urban Economics Associations [18] | The American Real Estate and Urban Economics Associations was created to improve analysis and information sharing in real estate development. It promotes and supports the highest-quality urban economics research and real estate. It holds three conferences annually and offers an open forum for exchanging ideas and encouraging research in the domain. |
| Real Estate Student Association (RESA) [19] | The Real Estate Student Association (RESA) helps connect real estate students with related communities. It aims to boost networking amongst individuals who work in this industry. Monthly gatherings include speakers who impart knowledge about opportunities in real estate and other domains like marketing, finance, and architecture. |
| National Association of Realtors [20] | The National Association of Realtors is an excellent organization for undergraduates and graduates. It educates members to create an able real estate workforce. Members are expected to be interested in brokerage, finance, investments, land use, and property rights. |
| IRME Certified Property Manager [21] | IRME offers a certification that can help real estate professionals increase the value of any property belonging to any asset class. They can make twice the money as a regular property agent. Individuals also get the opportunity to expand their network, meet tomorrow’s employers, and get referral businesses. |
| National Association of Industrial and Office Properties [22] | NAIOP is The leading association for developers, owners, and allied professionals in office, industrial, and mixed-use real estate. It is the Commercial Real Estate Development Association. More than 20,000 people in North America are members of NAIOP, which promotes ethical commercial real estate development and champions sensible public policy. |
FAQs About the Associate Degree in Real Estate
Why should you do an associate’s degree in real estate online?
An online associate degree in real estate offers a good understanding of the nuances of the real estate business. Opting for this program online leaves a lot of scope for other things like certification programs, a job, or other family obligations, if any. Many reputed colleges offer this program online and are known for the optimum quality of education.
Are there accelerated online real estate associate degrees?
What can you do with an associate degree in real estate online?
Is an associate’s degree in real estate online worth it?
What skills does an associate in real estate online possess?
Can you transfer the credits from the associated real estate degree to the bachelor’s real estate degree?
Citations:
New England Commission of Higher Education (NECHE)
Middle States Commission on Higher Education (MSCHE)
Higher Learning Commission (HLC)
Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)
Northwest Commission on Colleges and Universities (NWCCU)
Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC)
Accreditation Council for Business Schools and Programs (ACBSP)
Commercial Real Estate Investing for Beginners-Udemy
How to Become a Real Estate Agent-Udemy
Socially Responsible Real Estate Development-Class Central
Real Estate Brokers and Sales Agents
Property, Real Estate, and Community Association Managers
Property Appraisers and Assessors
Real Estate Negotiation Expert
The American Real Estate and Urban Economics Associations
Real Estate Student Association (RESA)
National Association of Realtors
IRME Certified Property Manager