REAL ESTATE Fisher College of Business Undergraduate Specialization.

Slides:



Advertisements
Similar presentations
CAREER OPPORTUNITIES IN THE HOUSING INDUSTRY Housing I
Advertisements

Chapter 12 Real Estate Brokerage and Listing Contracts
Welcome to... Companion PowerPoint Presentation for the Introduction to Housing textbook.
Careers in Insurance The insurance industry employs over 2.3 million workers Wage and salary employment in the industry is projected to grow 10% in the.
Real Estate Principles and Practices Chapter 1 Real Estate and the Economy © 2010 by South-Western, Cengage Learning.
A World of Opportunities A presentation to Indiana University September 20, 2005.
DEPARTMENT OF ESTATE MANAGEMENT TOWN/GOWN SEMINAR COVENANT UNIVERSITY PAPER ON EMPLOYMENT OPPORTUNITY FOR GRADUATE OF ESTATE VALUATION BY: ESV. (DR.) BOLARINDE.J.
Real Estate Industry Profile By, Ms. Bentivegna Centereach High School.
Real Estate DeAndre Fuller. Title of occupation Real Estate Agent.
Career Exploration Presentation Lincoln Leahy. Mystery Career Field Titles, Positions, and Functions Residential Real Estate Agent/Broker Commercial Real.
©2011 Cengage Learning. Contents Ch 1: Introduction to Real Estate Ch 2: Part I: Legal Description, Method of Acquiring Title, Deeds Ch 2: Part II: Estates.
Chapters 13 & 14: Brokerage Real Estate Principles: A Value Approach Ling and Archer.
Careers in Finance So You Are Interest in a Finance Career...
Business & Marketing Created by: Katie Wilson. Careers That Require a Bachelor’s Degree CareerWage Accountant$60, 000 Advertising Managers$ 63, 610 Computer.
Transfer CUSTOMS Coursework in the areas of: Financial Accounting Taxation Cost Accounting Auditing Governmental Accounting ACCOUNTING.
CUSTOMS Coursework in the areas of: Financial Accounting Taxation Cost Accounting Auditing Governmental Accounting ACCOUNTING.
The Market for Real Estate Knowledge Chapter 1. Real Estate - Physical Land and Attached Structures What is Real Estate?
1 Careers in the field of FINANCE: It’s all about the MONEY! Compiled by Dotty Harshberger Paul V. Moore High School.
Real Estate Principles and Practices Chapter 15 Property Management © 2014 OnCourse Learning.
Fisher College of Business The Ohio State University Office of Career Services 150 Gerlach Hall 2108 Neil Avenue fisher.osu.edu/career Real.
Real Estate Brokerage and Listing Contracts
 Help clients buy, sell, and rent properties. REAL ESTATE AGENT.
Career Tracks and Opportunities in Finance. Different Finance Career Tracks  Corporate Finance  Investments  Banking and Financial Services  Insurance.
© 2011 Cengage Learning. Choosing The Right Broker Chapter 2 © 2011 Cengage Learning.
Presented to Global Real Estate Services January 29, 2002 Indiana University Professional Opportunities Orientation Program.
World on FIRE Real Estate Markets and Sustainable Development: Property Rights and Access to Credit Around the World April 29, 2008 Washington, DC.
Rocket Launch Summer, 2012 The more you learn, the more you earn.
Ch 8 Real Estate Brokerage
© Thomson/South-WesternSlideCHAPTER 141 CAREER INFORMATION The World of Work Exploring Occupations Chapter 14.
Risk Management & Insurance Fisher College of Business Undergraduate Specialization Office of Career Management 150 Gerlach Hall 2108 Neil Avenue
Developing and opening a new facility. Stages in hospitality facility development There are five (5) steps in the development of a hospitality facility:
© 2009 by South-Western, Cengage Learning SAMIRLANDER Chapter 1.
Chapter 1 The Market for Real Estate Knowledge.  The real estate body of knowledge consists of four broad collections of concepts: legal analysis concepts.
Real Estate Agent Finding and Selling Homes UNT in partnership with TEA, Copyright © All rights reserved.
Real Estate Principles and Practices Chapter 1 Real Estate and the Economy © 2014 OnCourse Learning.
Financial Managers Gio Perazo. Job Description The duties of financial managers vary with their specific titles, which include controller controller treasurer.
Fisher College of Business The Ohio State University Office of Career Management 150 Gerlach Hall 2108 Neil Avenue fisher.osu.edu/career Finance.
CHAPTER 2 Personal Selling Opportunities in the Age of Information.
Chapter 1 Introduction to the Real Estate Business The real estate business is more than just houses. As this chapter says, “Real estate is big business,”
Lesly Xu; Judy Song; Nataly; Hank; Wendy Jiang. Job Description Basic Job Description : Rent, buy, or sell property for clients. Perform duties, such.
Real Estate Principles and Practices Chapter 15 Property Management © 2010 by South-Western, Cengage Learning.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Human Resources Basics Managing Human Resources Organizational.
Marcus reiber 5/10/13 Career and tech Hour.4. My job is a lawyer. It is a great job to go into because you get to help people. I wan t know how much they.
Careers in Real Estate. Exploring the World of Real Estate The real estate profession has expanded and offers one of the widest career selections in the.
JEFF BANASTEY Career Exploration Presentation. Mystery Industry Job TitleEmployer Executive OfficerBlue Ridge Companies Commercial Real Estate BrokerNAI.
By : Jasmine Jordan. Real Estate Agent without Beginning salary: About $35,000 without commission. Commission – a feed paid to an agent or employee for.
Business Computer Applications I Business Computer Applications II Accounting Principles I Accounting Principles II Business Law (offered 2017) Intro to.
©2014 Kaplan, Inc. Modern Real Estate Practice in Illinois Eighth Edition Chapter 1: Introduction to the Real Estate Business.
USA REAL ESTATE Dana Conway, Realtor Adv. Communications Skills.
Chapter 1 Property Management– A Profession of Service.
How To Know if Being a Financial Advisor is Right for You.
Fisher College of Business Undergraduate Specialization
Chapter 12 Real Estate Brokerage and Listing Contracts
Facts About Extension:
FINANCE Fisher College of Business Undergraduate Specialization.
Welcome to BANKING & FINANCIAL SYSTEMS MR DUNCAN K-202 “GET YOUR STUDENT ID’s OUT SO I CAN TAKE ATTENDANCE” NO ASSIGNED SEATS- SIT AT ANY COMPUTER,
Lawyer Paralegals and related occupations perform research and document preparation duties in law firms, legal departments in the private and public.
INTERNATIONAL BUSINESS
ACCOUNTING Fisher College of Business Undergraduate Specialization.
LOGISTICS MANAGEMENT Fisher College of Business
OPERATIONS MANAGEMENT
MARKETING Fisher College of Business Undergraduate Specialization.
Different Approach = Growing Industries + Huge Opportunities!
Marketing Manager hisyam.
HUMAN RESOURCE MANAGMENT
INFORMATION SYSTEMS Fisher College of Business
Real Estate Principles, 11th Edition
Home of unlimited opportunity.
Real Estate Brokerage and Listing Contracts
CAREERS BUILDING COMMUNITIES LIMITLESS OPPORTUNITY
Presentation transcript:

REAL ESTATE Fisher College of Business Undergraduate Specialization

2 What is Real Estate Managing, buying, selling and renting commercial and residential property and the application of economic trends, business trends, zoning laws, and financial services

3 General Preparation for Real Estate Careers in sales, property management, or with a government agency require skills in the area of human relations The ability to identify and analyze problems is an important attribute Real Estate students, in addition to receiving broad training in general business management and finance, are encouraged to acquire an interdisciplinary background by taking courses in urban sociology, economic geography, and related areas

4 Career Paths Within Real Estate Brokers (Realtors) In business for themselves; manage a firm; buy, sell, rent, manage or appraise residential, commercial, industrial, and/or farm and land properties Salespersons Employed by brokers; sell and rent real estate for and to clients Appraisers Gather and evaluate all facts affecting the value of a property and giving an opinion of that value Property Managers Supervise every aspect of a property’s operation: leasing, rent collection, tenant relations, building maintenance and repair, record keeping and advertising Land Developers Turn raw land into marketable subdivisions, shopping centers, industrial parks or other enterprises

5 Real Estate Career Information Real estate has career opportunities extending beyond the business of real estate brokerage Opportunities for employment include commercial banks, savings and loan companies, insurance companies, mortgage bankers, and private appraisal and consulting firms Real estate building and subdividing organizations, property management firms, and brokerage offices also offer employment

6 Organizations that Hire in Real Estate Real estate firms Insurance companies Banks/other financial agencies Government agencies (Department of Housing and Urban Development) Tax assessors Mortgage companies

7 Sample Employers Duff & Phelps LLC Grant Thornton LLP JPMorgan Chase & Co. L Brands Marriott Hotels M/I Homes Nationwide Oracle Corporation PwC Target WP Glimcher

8 Training/Licensure Background in finance, economics and psychology is good preparation; courses in urban sociology, city planning and economic geography a plus A state license is required; requirements for licensure vary from state to state but all require written exams Real Estate and Professional Licensing:

9 Real Estate Salaries Fisher College of Business Average Real Estate Salaries ( ) Full-time$50,750/year * Intern$2,773/month * Many real estate positions are commission-based; agents usually split the commission 50% with the broker; more experienced agents receive a higher commission.

10 The Job Outlook for Real Estate Employment of real estate brokers and sales agents is projected to grow 11% from 2012 to 2022, about as fast as the average for all occupations. Employment will grow as the real estate market continues to recover from the recent economic recession See the Occupational Outlook Handbook for additional information:

11 Student Organizations Fisher Real Estate Society The Fisher Real Estate Society (FRES) is a student organization created to promote careers in the real estate industry and foster academic programming at Fisher. FRES allows students to network with faculty, alumni, professionals, and recruiters in the real estate industry.

12 Professional Real Estate Organizations Ohio Association of Realtors: National Association of Realtors: Real Estate and Professional Licensing: Institute of Real Estate Management (brochure on careers)

13 Max M. Fisher College of Business Academic Department: Finance Fisher College of Business 700 Fisher Hall | 2100 Neil Ave Columbus, OH (614) Real Estate - Finance Department Real Estate Specialization Course Information