I recently had lunch with an owner of a large real estate company and we discussed what the appropriate degree would be for a student contemplating a career in real estate. Our conclusion; no degree exists in the current curriculum. This job incorporates business, law, psychology and a few other minors and no course prepares you for what this field lays out in front of you. My feeling is that psychology would be number one because understanding people, their motives, emotions and relationships would be 60 percent of it. However, last time I checked, 60 percent is a D, so one would still require an understanding of all the others to really grasp what goes on. There were 92 calls yesterday on the cell phone, people were crying, one was irate, one had contract questions and was wondering the implications of a particular course of action and that was just my wife. (kidding). Philosophy would help, statistics could add to your expertise but really there is no course that fully prepares you for this journey. The best course for real estate and for that matter, life, is the school of hard knocks and we all live that every day.
This is Dave, from The McLaughlin Group, keeping it real in real estate!