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Question:

I want to go into real estate. What should I major in?

I want to get into the real estate game. possibly start a real estate business. One major I think I could do is entrepreneurial studies, but alot of colleges dont offer that. Is there anything else besides Business Administration i could major in? or is real estate a concentration of business?

Answer:

You should buiy a property and rent it out. That's more education than you'll get from real estate courses at college, trust me. Good luck, hero!
Whether you major in it or not, marketing is an invaluable tool. I found it fascinating, the science behind what makes people buy. You could get a minor in marketing along with whatever you choose for a major. Business Admin is always a good choice but factor in your own personality. People are usually best at what they enjoy.
I don't quite follow your question, but I think I have the jist of it. 1. In most states you can't get a license until you have a place to hang it. (You have to work for a real estate broker) 2. Go to one of the big commercial borkerages (century 21 for example) They'll hire anyone. 3. The key is finding a house with enough margin to be profitable. So, I'd spend a lot of time on the MLS looking at properties, within a few weeks you'll see some that are over priced and some that are underpriced ask the listing agents in your office why they priced them the way they did. 4. I'd practice without using real money. Find a house that you think has a big margin, see what it sells for, then when it gets listed again in a few months see what it lists for, you can see how smart you were.
Really, you can major in almost anything. I know real estate agents who in college studied English, accounting, French, mathematics, psychology, business, and many other things. I know several policemen who have done great in real estate. My son goes to a karate school (studying jiu jitsu) run by a guy who's a real estate agent. And I know real estate agents who never even went to college. And I know some real estate investors who haven't gone to college...because they're still in high school. You use a lot of different skills in real estate. You need some understanding of math, some understanding of business, some understanding of human psychology, and a decent ability to communicate. One thing you have to be good at is listening and understanding. You have to understand people's motivations. You have to understand what they want, and what they think they want. Sure, you need some basic mathematical skills. But really very, very basic. You do need an entrepreneurial spirit, but that comes more from your own background and psychology than from anything you can learn in a classroom. You need to know something about business, but really what you need to know there can be covered in just a college course or two, not a degree. So: Try to choose a degree that'll let you sample some of those areas I've listed above. But the best way is to immerse yourself in real estate. You'll learn far more that way than in a classroom. Hope that helps.

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