Career in Real Estate

THE real estate profession has evolved dynamically in India and offers one of the most diverse, lucrative and glamorous career choices today. However, a career in real estate is more than simply helping people buy and sell homes and seeking commissions. As your read this, there are millions of professionals employed in different areas of real estate such as property sales, leasing, real estate finance, investment, appraisal, valuation, property management, land development, mortgage banking, urban planning, real estate counseling, real estate research, title insurance, construction, mortgage banking etc. In addition, thousand others are engaged in corporate real estate and in real estate lending in commercial banks, savings and loans, and insurance companies which are usually not counted towards real estate jobs. The various career options that real estate today offers are:

The Different Career Options in Real Estate Sector:

• Career in Real Estate Appraisal 
• Career in Real Estate Brokerage
• Career in Commercial Real Estate
• Career in Real Estate Counseling
• Career in Facilities Management
• Career in Real Estate Finance
• Career in Real Estate Investment
• Career in Real Estate Marketing
• Career in Real Estate Portfolio Management
• Career in Property Management
• Career in Real Estate Research

Education for a Career in Real Estate:

This is one of the most important areas which has added to the manpower shortage in the Indian Real Estate. In India, though there is huge demand of real estate professionals, there is no system of real estate education which could provide educationally qualified professionals to the property market. In addition, there is no system of learning and development even for those already working in this sector.

Worldwide, colleges and universities offer a variety of real estate and related courses. At many of these colleges, students can specialize in a program that leads to a bachelor’s and master’s degree, diploma and certificate in real estate.

In India, NICMAR, NIREM, School of Planning & Architecture (SPA) etc. are the only few institute that offer real estate courses. Infact, NIREM has the most comprehensive range of real estate courses. These courses are offered at three level-Certificates, Diploma and PG Diploma. More over, in order to help working real estate professionals learn and growth along with their job, NIREM offers these courses also through distance mode.

Career Specialization in Real Estate: 

• Real Estate Management
• Commercial Real Estate
• Real Estate Marketing
• Real Estate Sales & Agency Management
• Real Estate Finance
• Real Estate Investment
• Real Estate Appraisal
• Facilities Management
• Property Management

Sources for more information:

• NICMAR: www.nicmar.ac.in
• NIREM: www.nirem.org/Introduction.html
• The NIREM Blog: http://idsnirem.blogspot.com/
• School of Planning & Architecture (SPA): www.spa.ac.in