Question Details

Jaime Baker, Real Estate Pro in Houston, TX

What is the typical education level of a real estate agent/broker?

Asked by Jaime Baker, Houston, TX Sun Apr 7, 2013

Is it very common to have extra information, like a college degree?

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The majority of Realtors® are college-educated and have been in the business for six years or longer. So I guess that's "typical."
0 votes Thank Flag Link Mon Apr 8, 2013
I have a Masters but have come to realize, especially in my community, that I am definitely in the minority when it comes to having a higher education. My guess is that it varies by area.
0 votes Thank Flag Link Mon Apr 8, 2013
Your questions, as I interpret it, is asking what the typical agent or brokers higher education credentials may be. YOU ARE NOT ASKING ABOUT ENTRY QUALIFICATIONS!
Those real estate professionals who have passed their second year anniversary are the ones who were paying attention when they signed up. It is those with 2 years or more experience that I refer to in the following.
The OVERWHELMING majority of real estate professionals in the Tampa Bay area of Florida do have higer education accoumplishments. Not only that, but many also have EXTENSIVE experience in higher level management and have made a living in extemely complex, competitive and difficult industries.
For reason too varied to list, they found themselves without a chair when the music stopped OR they realized what they were doing had only one outcome. They could see they and their families would be better off if a more self-determining option was taken.
My team consists of a masters degree in mass communications, masters degree in electrical engineering, PHD in PyD, and one really physical thug. The latter has a phd in S&A (streets and alleyways). Not one 'higer level education' has anything realated to real estate.
Jaime, what you observe happening in the real estate profession is the process of self-selection. Those who 'choose' have committed to a direction that will allow them the ability to acheive the freedom of which they search. It IS that 'self-selection' that distinquishishes those who have taken control and those who wait to be told.
I am not confident in stating what level of education is required to take that action, for one to realize that it their responsibility to establish their legacy.
I have observed those who have self-selected, do have a lifeftime of fabric and experience that provides them with clarity of their objective and commitment to performing at the highest level.
Be well aware, it is not the education one posseses or the letters they purchase to append to their name that dictates their success. What determines their success it the dream they feed with commitment and action. Education, as we all know, provides a better platform for analysis.

Best of success to you,
Annette Lawrence, Broker/Assoicate
Remax Relatec Group
Palm Harbor, FL
0 votes Thank Flag Link Mon Apr 8, 2013
In our area of the county a GED is required plus passing the exam, classroom time & background check. I would guess less than 20% in our area of the county and most likely less than 10%.
0 votes Thank Flag Link Mon Apr 8, 2013
In California the 2 year experience requirement for becoming a broker is waived if you have a 4 year degree with a major or minor in real estate studies, so many brokers obtained their license directly with the waiver and skipped taking the salesperson exam. However, last time I saw statistics on this, over 80% of broker licenses are used to do sales, not to be a broker/manager or independent broker.
I'd estimate that 50% of the agents with salesperson licenses have a college degree in my area.
0 votes Thank Flag Link Sun Apr 7, 2013
Dear Jamie,
In my experience it is very common for Realtors to not only have College Degrees, but years of previous Professional Experience in many fields. Most of the Realtors I know have a business background and degree's but it's not a requirement. A broker license requires a certain number of years in the business or a college degree.
0 votes Thank Flag Link Sun Apr 7, 2013
Hi Jamie,
Not much, Check this information out from the Tezas Real Estate Commission.

If you want more info call me and I will tell you my thoughts on your career.
Lloyd Martin
0 votes Thank Flag Link Sun Apr 7, 2013
I don't know that there is a "typical" level of education. In some states, there is a required level of education (High School Diploma/GED).
0 votes Thank Flag Link Sun Apr 7, 2013
Why do you need to know that? You can just check with your broker.
Web Reference:
0 votes Thank Flag Link Sun Apr 7, 2013
*education, not information. Whoops!
0 votes Thank Flag Link Sun Apr 7, 2013
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