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Where To Earn A Ph.D. In Real Estate Online In 2024

Mikeie Reiland, MFA

Published: Feb 29, 2024, 1:41pm

Where To Earn A Ph.D. In Real Estate Online In 2024

Have you watched “Selling Sunset” or “Selling the OC”? Are you interested in real estate at a high level? If so, a doctoral degree in real estate might be the right fit for you. A Ph.D. in real estate teaches students advanced research skills and best practices in the field.

Very few schools offer online Ph.D. programs in real estate. In fact, only one school, Capitol Technology University, currently features an online degree that meets our qualifications. Read on to learn more about this program and whether a Ph.D. in real estate is right for you.

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Capitol Technology University

Located just outside of Washington, D.C., in South Laurel, Maryland, Capitol Technology University delivers an online Ph.D. in real estate management that distance learners can complete without ever visiting campus. The 60-credit curriculum features two tracks: a dissertation option and a publication option. The latter requires students to publish original research in three high-ranking scholarly journals.

Half of the program’s required credits deal with dissertations or publications. No matter which track they choose, learners take courses in strategies for real estate management and real estate management research methodologies.

Tuition for CTU’s program is $950 per credit for both in-state and out-of-state learners.

At a Glance

  • School Type: Private
  • Application Fee: $100
  • Degree Credit Requirements: 60 credits
  • Program Enrollment Options: Full-time
  • Notable Major-Specific Courses: Strategies for real estate management, real estate management research methodologies
  • Concentrations Available: N/A
  • In-Person Requirements: No

Degree Finder

How to find the right online ph.d. in real estate for you, consider your future goals.

When considering whether to pursue an online Ph.D. in real estate, you must first decide if you want to be a realtor or an academic. If you ultimately aspire to buy and sell real estate, a Ph.D. in the field is not necessary. Instead, you should pursue a real estate license in your home state.

However, if you want to perform original research that advances thought in the real estate field—or if you want to teach real estate classes at the college level—a Ph.D. in real estate might be the right fit. CTU’s program requires either a dissertation or a series of publications to help you launch your career as an academic and a scholar.

Understand Your Expenses and Financing Options

CTU charges a tuition rate of $950 per credit. The curriculum for the university’s Ph.D. in real estate consists of 60 credits, translating to a total tuition cost of $57,000. Keep in mind that some Ph.D. programs provide stipends or assistantships to accepted students, but CTU’s program does not.

To defray the cost of your education, your first recourse is the Free Application for Federal Student Aid (FAFSA®). The FAFSA can lead to scholarships , loans and grants. You can also pursue other aid opportunities through third-party organizations and schools themselves.

Should You Enroll in a Ph.D. in Real Estate Online?

An online Ph.D. in real estate is the right fit for some students, but others might prefer other delivery formats. Before you enroll, ask yourself a few important questions:

  • How do you learn best? Online learning requires a great deal of discipline, organization and time management. If you rely on the structure of a peer group or a physical classroom to support you during your studies, you might prefer an in-person program.
  • What are your other commitments? Flexibility is one of the main draws of online learning. If you are a parent or plan to continue working full time while pursuing your Ph.D., an online program makes it easier to juggle your commitments more effectively.
  • Do you want to be a realtor or an academic? A Ph.D. in real estate usually leads to careers in business or academia. Graduates can use the skills they learn during their program to perform original research that advances scholarship in the field. If your goal is to buy and sell real estate, you need a real estate license, not a terminal degree. You could also consider earning a real estate M.B.A . or a master’s in real estate .

Accreditation for Online Ph.D.s in Real Estate

There are two key types of college accreditation : institutional and programmatic.

Institutional accreditation is the more important of the two. The U.S. Department of Education (ED) and the Council for Higher Education Accreditation (CHEA) oversee the regional agencies that administer this process. These agencies vet schools for the quality of their faculty, finances and programs, among other areas.

You should consider only institutionally accredited colleges. Otherwise, you will be ineligible for federal student aid, and your degree may not hold water with employers. CTU is accredited by the Middle States Commission on Higher Education.

Programmatic accreditation provides quality assurance in specific fields. This type of accreditation is not prevalent in real estate, especially among doctoral degrees.

Our Methodology

We ranked one accredited, nonprofit college offering an online Ph.D. in real estate in the U.S. using 15 data points in the categories of credibility, affordability, student outcomes and student experience. We pulled data for these categories from reliable resources such as the Integrated Postsecondary Education Data System ; private, third-party data sources; and individual school and program websites.

Data is accurate as of June 2023. Note that because online doctorates are relatively uncommon, fewer schools meet our ranking standards at the doctoral level.

We scored schools based on the following metrics:

Student Outcomes:

  • Overall graduation rate
  • Median earnings 10 years after graduation

Affordability:

  • In-state graduate student tuition
  • In-state graduate student fees
  • Alternative tuition plans offered
  • Median federal student loan debt
  • Percentage of students in federal student loan deferment

Student Experience:

  • Student-to-faculty ratio
  • Socioeconomic diversity
  • Availability of online coursework
  • Total number of graduate assistants
  • More than 50% of graduate students enrolled in at least some distance education

Credibility:

  • Fully accredited
  • Programmatic accreditation status
  • Nonprofit status

We listed the only school in the U.S. that met our ranking criteria.

Find our full list of methodologies here .

Featured Online Schools

Learn about start dates, transferring credits, availability of financial credit and much more by clicking 'Visit Site'

Frequently Asked Questions (FAQs) About Earning a Ph.D. in Real Estate Online

Can you have a ph.d. in real estate.

Yes, you can! Several schools offer Ph.D. programs in real estate.

Can I get a Ph.D. fully online?

Yes. You can earn a Ph.D. in real estate from Capitol Technology University without ever visiting campus.

Are online Ph.D. programs legitimate?

It depends on the program. Capitol Technology University is institutionally accredited and offers the only online Ph.D. in real estate program that meets our qualifications.

What does a Ph.D. mean in real estate?

A Ph.D. in real estate is the terminal degree in the field. Ph.D. graduates qualify for managerial, academic and scholarly positions. Ph.D. holders typically teach at the college level or perform scholarly research in the field.

What is the difference between a D.B.A. and a Ph.D.?

A Ph.D. is a scholarly degree while a Doctor of Business Administration (D.B.A.) is more practice-focused. Ph.D. holders tend to pursue careers in academia, while D.B.A. holders often go after managerial roles in the field.

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2024 Best Online PhD in Real Estate [Doctoral Programs]

Earning a PhD in Real Estate can help you start or advance your career in this lucrative industry.

Best Online PhD in Real Estate

In addition to opening up many professional opportunities, a PhD also enables you to conduct original research into areas within the field of real estate that you find particularly interesting.

Editorial Listing ShortCode:

At the center of most work in real estate is the ability to listen and communicate effectively. These skills combined with others, such as the ability to negotiate, have the potential to help you transition into leadership roles.

Universities Offering Online Doctorate in Real Estate Degree Program

Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format.

Capitol Technology University

Capitol Technology University offers an online program for a Doctor of Philosophy in Real Estate Management. The program does not require any on-campus classes or residencies. Coursework includes Real Estate Management Research Methodologies, Strategies for Real Estate Management, Real Estate Management Future Demands, and more.

Capitol Technology University is accredited by the Middle States Commission on Higher Education.

Liberty University

Liberty University’s DBA in Real Estate Development requires the completion of 60 credit hours and takes an average of 3 years to finish. Classes are 8 weeks long and 100% online. The program provides networking opportunities and courses covering topics such as finance, human resources, organizational behavior, and more.

Liberty University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

Touro University Worldwide

Touro University Worldwide offers an online Doctor of Business Administration program. The program requires the completion of 48 credit hours and usually takes 2 years to finish.

To graduate, students must complete a research-based project rather than a traditional dissertation. Classes are 8 weeks long. Courses include Theories of Organizational Behavior in Business, Business and Management Across Cultures, Financial Principles and Management in Business, and more.

Touro University Worldwide is accredited by the WASC Senior College and University Commission.

Online PhD in Real Estate Programs

PhD in Real Estate Programs

Much like an online PhD in Entrepreneurship , for example, an online doctoral program in real estate covers essential topics in the field while also providing you the opportunity to examine and conduct original research into a particular area.

Topics covered in a real estate Ph.D. program may include:

  • Economic theory
  • Econometrics
  • Asset pricing
  • Labor economics
  • Corporate finance

Many of the courses offered may overlap with a doctoral finance program, in part because a real estate degree requires a developed understanding of many key financial concepts.

Along with courses in finance, business, and economics, you’ll also learn the ins and outs of the real estate industry, including how to manage, sell, and rent properties. Because a doctorate in real estate is an advanced degree, you may graduate your program qualified to work in a range of professional positions.

Some positions related to real estate include:

  • Real estate broker
  • Property manager
  • Investment analyzer
  • Real estate investor

Many individuals who work in real estate find that they are able to work flexible hours and set their own schedules. The research portion of your doctoral program can also help you qualify for educational and research-based positions. Like grads from an online master’s in real estate development program, some graduates of a PhD program pursue work as postsecondary teachers or researchers. You also have the opportunity to gain both hard and soft skills that can assist you in the real estate industry.

Potential soft skills include:

  • Communication
  • Negotiation
  • Organization

Potential hard skills include:

  • Systems development
  • Digital technology
  • Market analysis

If you have a background in finance or business and are eager to grow your qualifications in the field of real estate, a doctoral program may be a strategic next step in your career.

Real Estate Careers & Salaries

Real Estate Careers & Salaries

There are many perks to a career in real estate. For instance, many real estate agents are able to set their own schedules and enjoy flexible hours, which can lead to a healthier work-life balance.

There are also many opportunities for growth, either into higher income levels or new positions. Professionals who earn a doctoral degree in real estate often pursue positions in management or academia. The business, communication, and leadership skills you can develop are applicable in other industries as well.

According to the Bureau of Labor Statistics , the following career opportunities are related to advanced real estate training and skill sets.

Chief Executives $179,520
Financial Managers $131,710
Administrative Services Managers $100,170
General and Operations Managers $97,970
Postsecondary Business Teachers $94,360
Loan Officers $63,380
Real Estate Brokers $62,010
Property Appraisers and Assessors $61,340
Property, Real Estate, and Community Association Managers $59,230
Real Estate Sales Agents $48,340

In the real estate industry, geographic location can make a difference in the salary amount you can earn and the opportunities available to you. Even if you earn your PhD in Real Estate, you are not guaranteed a certain salary or job title.

Factors such as the area in which you live, your experience, and your network connections can make quite the impact in this department.

Real Estate PhD Curriculum & Courses

Real Estate PhD Curriculum

As with most business schools online or on-campus , it is true that no two real estate PhD programs are the same, but you’ll likely find economic and business courses offered in each. Here are types of courses you may come across:

  • Macroeconomics : This class provides an opportunity to study the economy on a global or national level, covering topics like gross domestic product, unemployment, and inflation.
  • Econometrics : Econometrics falls under the umbrella of statistics and explores concepts such as regression analysis and forecasting.
  • Asset Pricing Theory : In this course, you’ll learn financial theory and the tools needed to determine asset prices, exploring areas like trading.
  • Empirical Corporate Finance : This course takes an empirical approach to corporate finance topics, such as investment needs and capital trends.
  • Urban Real Estate Economics : This course will study real estate markets and trends using different economic concepts, analyzing the ways in which policies can impact pricing.
  • Industrial Organization : An area of study related to microeconomics, this course will provide an in-depth exploration of competitive and monopolistic markets as well as oligopolies.
  • International Economics : You’ll have the chance to explore economic trade theories and the fundamentals of international economics.
  • Real Estate Law : This course will cover the different components of real estate law, including title and insurance, land use, and contracts.
  • Valuation of Real Estate : In this course, you’ll learn the necessary tools to determine property value and measure performance.
  • Construction Cost Analysis : This course focuses on the construction industry, and you can learn how to analyze and price different projects.

These courses may be accompanied by extensive research, culminating in a dissertation.

Admissions Requirements

real estate PhD

Admission into real estate PhD programs can be very competitive. Although proof of excellent academic performance in the past can be an advantage, the admissions teams at colleges will often look at the following items:

  • GRE or GMAT scores (only if required)
  • Official transcripts
  • Statement of purpose

Because every doctoral program has unique admission requirements, it’s beneficial to read through the application for each school thoroughly. Highlighting your professional successes and personal academic journey can help raise your chances of being accepted into a real estate program.

Real Estate Doctoral Programs Accreditation

real estate PhD accreditation

In order to apply for federal financial aid, it is necessary to attend a regionally accredited institution. Most employers also prefer candidates who have earned their credentials from accredited schools.

The accreditation process evaluates different components of an education program, including aspects like the quality of its staff and curriculum. If you want to rest assured that you are paying for a credible degree, then you can check if your prospective programs are accredited by searching the US Department of Education’s website .

Financial Aid and Scholarships

real estate PhD financial aid

Applying to a doctoral program can be an intimidating process, partly because of the cost. If cost is an important factor for you, financial aid is always an option to students who qualify. There are also various forms of financial aid you can explore.

You can start by filling out the Free Application for Federal Student Aid (FAFSA) . The FAFSA determines your eligibility for grants and student loans from the federal government. Additionally, you can research the financial aid programs that are available in your state.

There could also be aid options that you can apply for through your work or school. Your employer might offer tuition reimbursement opportunities, and you can research potential scholarship programs at your prospective university. Utilizing the resources available to you might help you avoid or navigate financial roadblocks on your path to a doctoral degree.

What Can You Do with a PhD in Real Estate?

real estate PhD careers

While it may be tempting to equate a PhD in Real Estate to a career as a real estate agent, there is a variety of professional opportunities for graduates from this program. Because of the advanced business and financial skills you can develop, you could potentially qualify for managerial opportunities in property management, finance, or construction.

Professionals with a doctorate in real estate often find themselves drawn to careers as facilities managers, financial managers, or property appraisers and assessors. Others enjoy work as real estate brokers, sales agents, or loan officers. PhD graduates commonly pursue positions in research and academia as well.

How Long Does It Take to Get a Ph.D. in Real Estate Online?

real estate PhD degree

A typical PhD program ranges in length from 3 to 5 years, depending on the number of credit hours required and how long it takes you to complete your dissertation. If there is no dissertation requirement, a doctoral program may be completed in 3 years with full-time enrollment.

Personal factors can also impact the time it takes to complete a doctoral program. In addition, schools differ in requirements and types of programs offered. Some offer self-paced options, while others provide a concrete timeline for completion.

What’s the Difference Between a DBA vs. PhD in Real Estate?

Both a Doctor of Business Administration (DBA) and a Doctor of Philosophy (PhD) in Real Estate can help you advance your business and leadership qualifications.

The degree path that is right for you will likely depend on your personal interests and career goals. You might conside r whether you would like to focus your studies on real estate or if you would prefer to broaden your studies to include other aspects of business.

Is a PhD in Real Estate Degree Worth It?

PhD in Real Estate

Yes, a PhD in Real Estate degree is worth it for many students. A number of careers in real estate can provide flexibility and allow you to determine your own schedule.

The skills learned in a doctoral real estate program can also help qualify you for professional opportunities in a wide array of industries, including finance, sales, and business. According to the Bureau of Labor Statistics, management occupations are expected to experience 9% job growth over the next ten years. A PhD can also be a qualification for positions in research and postsecondary education.

Getting Your PhD in Real Estate Online

PhD in Real Estate Online

A real estate doctoral program can help you learn the necessary business, negotiation, and problem-solving skills for this lucrative industry.

A career in real estate often allows professionals to set their own schedules. There can be plenty of opportunities for horizontal and upwards mobility, and a career in this sector allows for interaction with a diverse range of people. A PhD can also help prepare you for research and academic positions.

If you’re ready to begin your doctoral journey, you may want to start by compiling a list of accredited online PhD in Real Estate programs that match your desired specifications.

online phd real estate

Capitol Technology University

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online phd real estate

  • Degrees and Programs

Doctor of Philosophy (PhD) in Real Estate Management

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Degree options bar image

Earn a doctorate degree in Real Estate Management, help build the future

The Doctor of Philosophy (PhD) in Real Estate Management degree is a unique program designed to meet the long-standing needs of real estate management field in commercial and residential real estate technology.

The world of commercial and residential real estate is evolving rapidly. The days of hard copy papers, day-long guided tours of properties for real estate agents, companies, and government are quickly disappearing. New technology, such as Zillow and Trulia, is spreading rapidly through commercial real estate at an even faster pace than smartphone applications and have changed the world of single-family home sales in residential real estate. The breadth of the change is also much broader and deeper now for both the commercial and residential real estate sectors.

The completion of the PhD in Real Estate Management requires the student to produce, present, and defend a doctoral dissertation after receiving the required approvals from the student’s Committee and the PhD Review Board.

There are two options for completion of this PhD program. Under the dissertation option, the student will produce, present, and defend a doctoral dissertation after receiving the required approvals from the student’s Committee and the Ph.D. Review Board. Under the publication option, the student will produce, present, and defend their original doctoral research after receiving the required approvals from the student’s Committee and the Ph.D. Review Board. The student must also publish three works of original research in a scholarly peer-reviewed journal(s) of high stature. Two of the three published works may be in a peer reviewed conference proceeding if the conference is international .

Why Capitol?

stopwatch

Learn around your busy schedule

Program is 100% online, with no on-campus classes or residencies required, allowing you the flexibility needed to balance your studies and career.

circuit brain

Proven academic excellence

Study at a university that specializes in industry-focused education in technology fields, with a faculty that includes many industrial and academic experts.

skills

Expert guidance in doctoral research

Capitol’s doctoral programs are supervised by faculty with extensive experience in chairing doctoral dissertations and mentoring students as they launch their academic careers. You’ll receive the guidance you need to successfully complete your doctoral research project and build credentials in the field. 

Key Faculty

online phd real estate

Vice President

Degree Details

This program may be completed with a minimum of 60 credit hours, but may require additional credit hours, depending on the time required to complete the dissertation/publication research. Students who are not prepared to defend after completion of the 60 credits will be required to enroll in RSC-899, a one-credit, eight-week continuation course. Students are required to be continuously enrolled/registered in the RSC-899 course until they successfully complete their dissertation defense/exegesis.

The student will produce, present, and defend a doctoral dissertation after receiving the required approvals from the student’s Committee and the PhD Review Boards.

Prior Achieved Credits May Be Accepted

Doctor of Philosophy - 60 credits

 

6

6

6

6

6

 

6

6

6

6

6

Educational Objectives:

  • Students will integrate and synthesize alternate, divergent, or contradictory perspectives or ideas fully within the field of Real Estate Management.
  • Students will demonstrate advanced knowledge and competencies in Real Estate Management.
  • Students will analyze theories, tools, and frameworks used in Real Estate Management.
  • Students will execute a plan to complete a significant piece of scholarly work in Real Estate Management.
  • Students will evaluate the legal, social, economic, environmental, and ethical impact of Real Estate Management actions and demonstrate advanced skills in integrating the results into the leadership decision-making process.
  • Students will develop the skill to implement Real Estate Management plans needed for commercial and residential real estate.
  • Students will critique social skills and practices for selecting teams that work in Real Estate Management.

Learning Outcomes:

Upon graduation:

  • Graduates will incorporate the theoretical basis and practical applications of Real Estate Management into their professional work.
  • Graduates will demonstrate the highest mastery of the needs of Real Estate Management within the context of rapidly evolving technology.
  • Graduates will evaluate complex problems, synthesize divergent/alternative/contradictory perspectives and ideas fully, and develop advanced solutions to Real Estate Management challenges.
  • Graduates will contribute to the body of knowledge in the study of Real Estate Management and related technology.
  • Graduates will be at the forefront of Real Estate Management planning and implementation.

Tuition & Fees

Tuition rates are subject to change.

The following rates are in effect for the 2024-2025 academic year, beginning in Fall 2024 and continuing through Summer 2025:

  • The application fee is $100
  • The per-credit charge for doctorate courses is $950. This is the same for in-state and out-of-state students.
  • Retired military receive a $50 per credit hour tuition discount
  • Active duty military receive a $100 per credit hour tuition discount for doctorate level coursework.
  • Information technology fee $40 per credit hour.
  • High School and Community College full-time faculty and full-time staff receive a 20% discount on tuition for doctoral programs.

Find additional information for 2024-2025 doctorate tuition and fees.

Need more info, or ready to apply?

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PhD Real Estate

PhD in Real Estate Online Programs offer working professionals the opportunity to learn the best ways to manage, administer and sell property without disrupting their ongoing career.

Why Consider Earning a PhD in Real Estate Online?

Earning a PhD in Real estate online may be a great way to establish expertise, or prepare for potential careers in research, teaching or consulting. Real estate professionals handle more than just sales. From finding potential purchasers to negotiating contracts, understanding financial risks and proper construction protocol, there are many aspects to this field.

DID YOU KNOW? In 2014, 251 Real Estate Development Degrees were awarded. i

What Are PhD Real Estate Online Programs?

PhD in Real Estate online programs make accessible the highest type of degree in the field of property management via web-based courses. Earning a PhD in real estate management typically involves learning advanced topics and research methodology, plus devoting a substantial amount of time to research (i.e. data collection and analysis). To complete the requirements of a PhD, real estate and property management doctoral students usually must submit and defend a dissertation based on original knowledge in an area of interest.

Potential PhD real estate research areas might include:

  • Real estate economics
  • Finance and mortgage
  • Housing economics
  • Gentrification
  • Urban land use
  • Construction management

Real Estate PhD: Potential Time to Completion

Program lengths vary, so always double check with the school you are considering. But if you are wondering about how long it might take to earn a PhD in Real Estate Management, it might take about four years.

PhD Real Estate Programs: Potential Admissions Requirements

Admission to a PhD in Real estate online program is likely to depend on the program you are interested in. Most graduate programs require students to possess at least a Bachelors degree from an accredited college. If you are pursuing a PhD in real estate finance, you might need a strong background in finance and economics, or perhaps a Masters degree in property management. Check with prospective graduate schools to ensure you are well-prepared.

PhD Real Estate: Potential Course Topics

Earning a PhD in real estate development may give you the opportunity to learn specific techniques, theories or strategies for different types of managed properties (e.g. residential, vacation, commercial real estate, industrial warehouse space). The real estate and property management discipline might deal with four distinct areas:

  • Marketing and finance
  • Tenant occupancy
  • Different facilities
  • Administration, strategy and risk

Course topics are usually influenced by the type of program. In other words, a PhD in real estate development might offer a different syllabus than a PhD in real estate management. Refer, as always, to your prospective school. Some potential courses might include: ii

  • Negotiation
  • Business administration
  • Strategic management

Find an Accredited PhD in Real Estate

Browse sponsored listings for online PhD Real Estate Programs from regionally accredited universities. Use our on-page navigation to contact prospective graduate schools.

[i] datausa.io/profile/cip/041001/ | [ii] nces.ed.gov/ipeds/cipcode/cipdetail.aspx?y=55&cipid=88935 |

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Doctoral Degrees in Real Estate

Career summary: real estate agents.

$50,730

National Average, Source: Bureau of Labor Statistics

Poor

2% job growth by 2029, which is slower than average

Earn a degree in real estate from an accredited college

One of the best ways to prepare for a career in real estate is through a college education. A Doctoral Degree will help you develop entry level skills, general real estate know how and the basic real estate experience you need to start your career off right. You may also consider a Post-doctoral Certificate in Real Estate to help you take your education and career to the next level. Please select real estate school below.

Real estate original

Why would I want a real estate degree?

A degree in real estate may give you the skills and knowledge you need to work in an exciting industry that is constantly on the move and can provide you with a lucrative salary. Real estate is not for the faint of heart, though. It can be very competitive, and you have to be able to deal with stiff competition while running your own business. If you work well independently, thrive off of competition, and like being in the heart of big business, then a degree in real estate would be a good fit for you.

Job Description

What do people with real estate degrees do.

The vast majority of people who earn real estate degrees go on to become real estate agents (also known as real estate salespeople or realtors) and real estate brokers. Real estate agents and brokers help people buy and sell real estate. Their responsibilities are quite similar. The biggest difference is that real estate brokers are able to own and/or manage a real estate firm. Although real estate agents also run their own businesses, they must work under the management or supervision of a licensed broker as independent contractors.

Real estate agents and brokers often times specialize in a particular area in real estate. Some of the most common specialties that agents and brokers go into are listed below.

  • Residential Homes: This is the biggest sector of real estate specialties. Many people who are looking to buy or sell homes often times don’t even know where to start. Real estate professionals help these people through the process of buying or selling their homes.
  • Residential Building Construction: The process of building a home is much different than the process of buying an existing home. Real estate professionals who specialize in home construction have in depth knowledge of the building process and they are able to help buyers make critical decisions when going through the building process.
  • Commercial Real Estate: Buying and selling commercial real estate is a much different process than buying and selling homes. There is generally much more money involved, and real estate professionals in this area must be familiar with investment lingo, rules, and practices.
  • Land Subdivisions: Some real estate agents specialize in buying and selling vacant lots which are zoned for building homes, sometimes known as subdivisions.
  • Farms and Ranches: Real estate professionals in this specialty know the things that are important in buying and selling farms and ranches. This may include anything from grazing land to stables. What’s important to farmers and ranchers are much different than what’s important to people who are looking to purchase a home, and real estate professionals in this niche need to know what those things are.

How much do real estate professionals make?

According to the Bureau of Labor Statistics, the median salary for real estate agents in 2019 was $48,930. The lowest 10 percent earned less than $24,930, and the highest 10 percent earned more than $111,800.

The median salary for real estate brokers in 2019 was $59,720. The lowest 10 percent earned less than $23,600, and the highest 10 percent earned more than $178,720.

Career Outlook

How popular are real estate jobs.

There will be a continued demand for real estate brokers and sales agents, because people turn to these workers when looking for a new home, relocating, or purchasing property for a business, among other reasons. Real estate agent and broker jobs are expected to grow by 2% through the year 2029, which is slower than the average growth rate among all jobs. The real estate market is highly sensitive to fluctuations in the economy, and employment of real estate brokers and agents will vary accordingly.

Career Path

How do i become a real estate professional.

In order to become a real estate agent or broker, you must be a high school graduate and have the proper licenses, which are granted on a state level. As the real estate market becomes more competitive and complex, some employers are preferring to hire candidates with a college degree.

Bureau of Labor Statistics, 2020. Based on national data, not school-specific information. Conditions in your area may vary. https://www.bls.gov/ooh/sales/real-estate-brokers-and-sales-agents.htm. Visited 3/2021.

Salary and career outlook data provided by the U.S. Bureau of Labor Statistics .

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online phd real estate

Evolving from Traditional Real Estate Practice

Our curriculum and programs have been adapted to meet new industry needs, which are more interdisciplinary, data-driven, and performance measured while involving ever larger, city-scale projects composed of hybrid real estate products.

Degree Programs

online phd real estate

Master of Science in Real Estate Development (MSRED)

Our multidisciplinary master’s program investigates every field that impacts the real estate industry and is built on three intellectual pillars: Finance and Economics; Design and Development; Sustainability and Technology.

online phd real estate

A Ph.D. with Real Estate Focus

Pursue a Ph.D. in Real Estate through our association with the Department of Urban Studies and Planning (DUSP). After being accepted and completing basic DUSP program requirements, students can focus on real estate studies through courses offered by MIT/MSRED faculty.

Professional Education

Professional certificate program.

Training in innovative industry practice for knowledge-thirsty individuals as well as large organizations to educate and inspire their most talented employees.

Online Short Courses

In flexible 6-8 week modules – gain the competencies that will enable you to have an immediate and lasting impact on your professional future with online courses from MIT School of Architecture and Planning (SA+P).

Thought Leader Lecture Series

Meet the Thought Leaders – the real estate pros who are uniquely positioned to provide valuable perspective on the important topics influencing the industry today. Speak at or attend a lecture, all are welcome.

“The environment was so engaging. Our group was from a variety of real estate backgrounds, which provided opportunities to discuss different sectors, geographic locations, and perspectives. I certainly benefited from that.” Karnig O., Director of Facilities & Capital Projects, Commonwealth of Massachusetts – Certificate program attendee

Education News

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Spring 2024: ‘Like drinking from a firehose…’

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DBA – Real Estate Development

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Doctor of Business Administration – Real Estate Development

Conduct your real estate business with excellence by earning a doctor of business administration (dba).

Your MBA helped you achieve more in your field, giving you vital knowledge and credentials – but your pursuit of education is not over. A DBA represents the highest academic achievement you can obtain in business leadership. More than that, a doctorate prepares you to give back through groundbreaking research that can change the business world as we know it.

With a DBA degree on your wall and “Dr.” in your name, your career prospects and marketability may skyrocket. Liberty University’s DBA in Real Estate Development can help you learn new skills that will be essential at higher levels of management.

You can also take your knowledge gained from years of hard work and turn it into useful lessons for the next generation of business professionals. Move beyond your current role in business and advance your real estate career with a DBA in Real Estate Development.

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Did you know?

Forbes.com has ranked Liberty among the top online DBA programs for 2023.

What Will You Learn in Our DBA in Real Estate Development Degree?

  • Strategic allocation of financial resources
  • Human resource development
  • Organizational and executive coaching
  • Business research methods

Your real estate and property management courses will be taken alongside general business classes in international business and leadership. 

Career Opportunities for Real Estate Development DBA Graduates

  • College faculty
  • Commercial lender
  • Commercial property developer
  • Construction manager
  • Land development manager
  • Leasing agent
  • Mortgage loan officer
  • Property manager
  • Real estate broker
  • Real estate developer

Benefits of Our Online Real Estate DBA

As a leader in distance education since 1985, we understand what it takes to create a flexible and affordable education for busy people. Since we have been investing in distance and online learning for decades, our experience has taught us how to streamline our degree options so you can focus on what really matters to you. While many schools offer online degrees, we believe Liberty stands out.

Here’s what sets us apart:

  • We are recognized by multiple institutions for our academic quality, affordability, and accessibility . Our commitment to excellence also helped us rank in the top 10% of Niche.com’s best online schools in America . Earning your online DBA degree from a nonprofit university with this kind of recognition can help set you apart from others in your field.
  • Your success is our success, which is why we are committed to providing quality academics at an affordable tuition rate. While other colleges are increasing their tuition, we have frozen tuition rates for our undergraduate, graduate, and doctoral programs for the past 9 years – and counting.
  • You can complete our DBA in Real Estate Development in as little as 3 years!
  • Liberty University’s Doctor of Business Administration is accredited by ACBSP , the Accreditation Council for Business Schools and Programs.
  • You will have opportunities to network with other business leaders in the program from around the country.
  • You will be granted access to a wide variety of online resources through our library’s search portal while you pursue your online DBA degree.

Military Tuition Discount

We want to help you find the doctoral degree you want — at a price you’ve earned. As a thank-you for your military service, Liberty University offers eligible current and former service members like you or your spouse multiple pathways to earn a doctoral degree for only   $300/credit hour . Here’s how:

  • If you’re earning or have earned a master’s degree through Liberty, you automatically qualify for the low price (when you begin within 2 years of your master’s completion).
  • If you haven’t earned a graduate degree through Liberty, our Executive Certificate program allows you to pay only $300/credit hour for a postgraduate certificate that can stand alone or potentially count as the first 21 hours of a related doctoral degree. Then pay just $300/credit hour for your doctorate. Learn more!

Credit Hours

online phd real estate

100% online, 8-week courses

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Transfer in up to 50% of the degree total

Next Start Date

Aug 19, 2024

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online phd real estate

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Experience That Matters to You

As an accredited Christian college with a 7,000-acre campus in Lynchburg, Virginia, Liberty University offers you an education that is both academically challenging and rooted in a biblical worldview.

At Liberty, you’ll benefit from 35+ years of learning, growing, adapting, and innovating for the distance learner — and more than a decade of researching the needs of the online student. You can be confident that we’ve taken the time to learn what’s important to you.

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These important factors challenged us to find new financial solutions, get ahead of industry trends, and blaze trails into cutting-edge career fields — and it’s paid off. That’s the difference experience makes.

Ranked in the top 10% of Niche.com’s best online schools in America   and recognized by multiple institutions for   academic quality, affordability, and accessibility.

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Enjoy flexible courses.

Choose from a wide variety of programs at the associate, bachelor’s, master’s, and doctoral level, most of which are 100% online*. With an 8-week format and 8 start dates per year, it’s easy to fit your courses around your schedule!

* Some exclusions apply. Please refer to our exclusions page for more information.

Maximize Your Time

Start and finish your degree faster! Liberty requires no standardized testing for admission, and you can transfer previous course credit — transfer in up to 75% of a bachelor’s degree and up to 50% of a master’s, postgraduate, or doctoral degree — or discover how your life, career, or military experience may count toward your college degree.

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All of our courses are taught from a Christian perspective, and our faculty see themselves as mentors. Our mission is to Train Champions for Christ — we’re committed to championing you as you study to go further in your field, become a leader in your industry, or start a new career.

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As a nonprofit (not-for-profit) university, Liberty is in the business of training skilled professionals to make a difference in the world – not gaining profit, revenue, or producing dividends for shareholders. In keeping with our commitment to your education, we invest our resources back into degree programs and into your student experience.

While many other online colleges have raised tuition, Liberty has been able to keep costs low as a nonprofit university and has not increased tuition for 9 straight years. Lower tuition means less student loan debt for students.

For Liberty University, nonprofit is more than a status; it is a valuable opportunity to invest in the lives of students who will go out and impact the world.

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Financial aid.

Nearly 80% of all Liberty students in an online program are awarded financial aid. Virginia residents may qualify for additional aid — learn more !

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Deferred – If your company reimburses you for the cost of your education, you pay only a portion of your balance up front. You submit your grades to your employer who pays you, and then you pay the remaining balance for your classes.

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Qualified military service members, veterans, and their spouses can receive up to 55% off their tuition rate for eligible programs!

Contact one of our Admissions Counselors for more information by calling (800) 424-9595 .

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PH.D. PROGRAM

  • Frequently Asked Questions

Emphasis in Real Estate

Program overview.

The Real Estate Ph.D. program recognizes the interdisciplinary nature and tradition of real estate scholarship. As such, the program emphasizes a strong foundation in economics, financial theory and institutions, and research tools in statistics and econometrics. You will have access to internationally recognized scholars that specialize in real estate issues in finance, mortgage markets, housing markets, urban economics, and property rights. The real estate faculty at Smeal hold senior leadership positions in various academic and industry associations as well as editorial positions in the leading real estate scholarly journals, thus providing you with access to an international network of real estate scholars. In addition, through the support of the Institute for Real Estate Studies, students have access to state-of-the-art computer software and research databases as well as opportunities to work on collaborative research projects with the faculty.

You can expect roughly two years of formal coursework, with courses in finance, economics, real estate, and statistics. Finance or economics are the typical supporting fields of a Ph.D. in Real Estate concentration. The research methods sequence is generally satisfied by taking a combination of econometrics and statistics courses. Each student’s program of study is tailored to their individual interests and background.

Areas of Study

The program focuses on the following areas of study:

  • Real Estate Economics
  • Agency and Contract Theory
  • Real Estate Finance
  • Economics of Property Rights and Legal Institutions
  • Financial Contracting

About Real Estate Faculty in the Risk Management Department

Real Estate at Smeal is based in the Risk Management Department, which provides current and future students the opportunity to explore risk analysis in a variety of environments. In addition to Real Estate, the department offers undergraduate concentrations in Actuarial Science and Enterprise Risk Management.

The research and disciplinary focus of the department is on risk assessment, mitigation, and management, connecting disciplines such as actuarial science, business law, decision analysis, insurance, international business, and real estate. The Journal of Real Estate Research ranks Penn State fourth globally for research productivity, and Smeal is second in faculty representation to the editorial boards of leading real estate journals according to the Journal of Real Estate Practice and Education .

For more information on the Smeal Ph.D. Emphasis in Real Estate, contact:

Dr. Liang Peng Professor of Risk Management, The Philip H. Sieg Professor of Business Administration Smeal College of Business The Pennsylvania State University 359 Business Building University Park, PA 16802-3603 Phone: 814-863-1046

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Real Estate (Business) & Economics—Joint Degree

About the program.

The joint Wisconsin PhD Program in urban real estate and economics trains researchers for tenure-track positions at the nexus of these two fields. Specializing in this area will provide you with the opportunity to expand your academic career path to both economics and real estate departments at top universities.

The program stresses high-quality research with a focus on developing the core basics of economics, then specialization in areas of real estate and economics. Students in the joint program are required to take a common curriculum and to meet all requirements of both the Economics and Real Estate PhD programs.

Upon graduation, students will obtain both a Ph.D. degree from the Economics Department and a Ph.D. degree from the Wisconsin School of Business.

Core areas of research

Student research is supported by faculty in the following core areas:

  • Urban economics
  • Market microstructure
  • Household finance
  • Real estate finance
  • Environmental economics
  • Public economics
  • Financial economics
  • Industrial organization

Academic Requirements

All students must meet the general PhD requirements of the UW–Madison Graduate School, the Department of Economics , and the Wisconsin School of Business. Students should have the following background to be admitted:

  • Completed and performed well in basic undergraduate economics or real estate courses
  • Mathematics preparation should include multivariate calculus, elementary probability, statistics, and regression analysis
  • One course in linear algebra
  • Three-course sequence in calculus, including multivariate calculus*
  • One course in mathematical statistics*
  • Any additional background in mathematics and graduate-level economics courses can ease the transition into the program

* For additional information about which topics are most important to review before graduate coursework begins, read the Department of Economics’ Doctoral Program Math Requirements .

Program Coursework

  • Economics core: microeconomics, macroeconomics, and econometrics
  • Economics micro and macro comprehensive exams
  • Urban economics and real estate finance
  • Real estate workshops where each student presents their preliminary research in front of the real estate faculty
  • Three other classes in economics
  • Presentation of preliminary research in front of the economics faculty
  • Real estate comprehensive exam
  • Two classes in economics and additional workshops with a focus on completing a research paper on an urban, real estate or economics topic. The topic may be either theoretical or empirical, and should contain elements of original research that extend the existing literature.

Advancement to Dissertator Status – Requirements

  • Successful completion of both economics and real estate comprehensive exams.
  • Successful completion of a sole-authored paper requirement.

Milestone Requirements

Each milestone requirement–field paper, three-signature proposal, and dissertation committee—must include at least one faculty member from both the economics and the real estate department. A single dissertation, approved by members of both departments, is sufficient to fulfill the dissertation requirement.

See Guide for all course requirements

Program Faculty

Alina Arefeva

Alina Arefeva Research interests: Real estate economics Finance Macroeconomics Search frictions on housing prices View full profile Yongheng Deng Research interests: Real Estate Finance and Capital Markets Mortgage and Asset-Backed Security Competing Risks of Mortgage Prepayment and Default Economics of Sustainable Development Asian Real Estate and Housing Market View full profile Lu Han Research interests: Real estate market microstructure Empirical industrial organization Urban and environmental economics Housing and mortgage policies View full profile Timothy Riddiough Research interests: Mortgage finance and securitization Real estate valuation and investment Capital structure and contracting REITs View full profile Chris Timmins Research interests: Environmental Economics Urban Economics Public Economics View full profile Abdullah Yavas Research interests: Mortgage contracts Brokerage Economics of information and uncertainty Experimental economics Monetary policy View full profile Dayin Zhang Research interests: Household Finance Financial Intermediation Real Estate Finance Macroeconomics View full profile Economics

Dean Corbae

View current student profiles

Lu Han

Terry College of Business, University of Georgia

PhD in Real Estate

Terry Real Estate PhD candidates attend Henry Munneke’s class

Program Overview

The PhD in Business Administration with a focus in Real Estate is designed to prepare students for teaching and research at universities and colleges and for positions in government and business. The PhD in Real Estate emphasizes intensive training in real estate, economics, quantitative methods, and finance with the goal of producing research-minded PhD graduates, while at the same time providing a comprehensive teaching experience. Students are encouraged to individualize their programs by supplementing their studies with courses from other Terry programs.

The Terry College provides an excellent opportunity for those interested in pursuing a PhD in Real Estate. Our faculty are involved in the education of our doctoral students with specialized seminars focused on a student’s overall success. Some of the other benefits of the Terry College include:

  • One of the premier academic journals in real estate, The Journal of Real Estate Finance and Economics , has been housed at Terry since its inception.
  • Our faculty includes current and former editors of the top academic journals in real estate, as well as board members of the American Real Estate and Urban Economics Association.
  • Our faculty members are among the top publishers in the premier real estate journals. One faculty member was recently ranked as the 6th most cited real estate researcher in the United States.

Preferred deadline: January 4

Applications after January 4 will also be considered until spots are filled.

Jim Conklin

  • ARK Professor and Associate Professor , Real Estate Program

Prerequisites

Ideally students should complete these courses prior to entering the program:

  • MATH 2200 : Analytic Geometry and Calculus
  • MATH 2410 : Integral Calculus

Typical Course Sequence

  • REAL 7800  Real Estate Analysis
  • REAL 7810  Real Estate Investment
  • ECON 8000  Math for Economics (taken previous summer)
  • ECON 8010  Microeconomic Theory I
  • ECON 8070  Stats for Econometrics
  • REAL 9910 / 9920  Real Estate Seminar
  • REAL 7830  Real Estate Finance
  • REAL 7070  Real Estate Development
  • ECON 8080  Intro to Econometrics
  • ECON 8020  Microeconomic Theory II
  • REAL 9000  Doctoral Research
  • FINA 9200  Corporation Finance Theory
  • ECON 8110  Econometrics I
  • ECON Elective
  • FINA 9120  Seminar in Corporate Finance
  • FINA Elective
  • ECON 8120  Econometrics II
  • Preliminary Exams

Years 3 and 4

  • FINA/ECON Electives

Faculty Research Interests

Areas of research interests are an important consideration for selecting a program that fits your academic needs. We have faculty experts in areas of economics, finance and investments, as well as geo-spatial analysis. Research areas include, but are not limited to:

  • James N. Conklin : Real Estate Economics & Finance, Mortgages, Financial Intermediation
  • Darren K. Hayunga : Asset Pricing, Housing Economics, Geo-Spatial Economics
  • Richard W. Martin : Gentrification, Spatial Mismatch, Suburbanization and Sprawl, Housing Affordability
  • Henry J. Munneke : Price Indices, Land Use Controls, and Land Economics
  • James B. Kau : Real Estate Finance and Investment, Urban Economics, Housing Economics, Real Estate Economics, Regional Science

The specialized curriculum, involvement in research, and opportunities for gaining quality teaching experience while at the University of Georgia, lead to excellent employment possibilities. Our doctoral program has a strong record of placing professors and chairholders at a number of universities, including Florida State University, Pennsylvania State University, Auburn University, Louisiana State University, Brigham Young University, University of Denver, and Arizona State University.

Recent graduates of the Real Estate Program serve on the faculty of leading universities in the U.S. and around the world as well as in leadership positions at major private-sector and government organizations:

  • Nicholas Smith (2022), Financial Economist, Federal Reserve Bank of Philadelphia
  • Jim Stevens (2020), Assistant Professor, Wofford College
  • Anurag Mehrotra (2019), Assistant Professor, San Diego State University
  • Stephen Buschbom (2017), Assistant Professor, Texas Tech
  • Lu Fang (2016), Assistant Professor, Florida International University
  • Joseph R. Nicholson (2012), Assistant Professor, Montclair State University
  • Kiplan Womack (2012), Assistant Professor, University of North Carolina Charlotte
  • Shannon Clark (2010), Principal Research Statistician & Developer, SAS
  • Constantine Lyubimov (2010), Researcher, Federal National Mortgage Association

The universities where our graduates are recognized for their success is also a testament to the foundation received at Terry. Selected alumni holding chairs and named professorships:

  • G. Stacy Sirmans , J. Harold and Barbara M. Chastain Eminent Scholar in Real Estate and Kenneth G. Bacheller Professor of Real Estate, Florida State University
  • Anthony B. Sanders , Distinguished Professor of Real Estate Finance, George Mason University
  • John H. (Jack) Corgel , Robert C. Baker Professor of Real Estate, Cornell University
  • Paul Robert Goebel , James E. and Elizabeth F. Sowell Professor, Texas Tech University
  • R. Kelley Pace , Louisiana Real Estate Commission Professor, Louisiana State University
  • Brent Ambrose , Smeal Professor of Real Estate, Pennsylvania State University
  • Tim Allen , Alico Chair of Finance, Eminent Scholar, Florida Gulf Coast University
  • V. Carlos Slawson , C.J. Brown Distinguished Professor of Real Estate, Louisiana State University
  • Barrett A. Slade , James M. Passey Professor of Finance, Brigham Young University

Departments and Program Offices

  • PhD Program Office
  • Real Estate Program

UGA Resources

  • Graduate School
  • Financial Aid

Additional Information

  • Current PhDs
  • Faculty Research

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  • Youth Program
  • Wharton Online

Wharton Real Estate Department

Welcome to the Real Estate Department at the Wharton School of the University of Pennsylvania!

Wharton’s Real Estate Department seeks to produce sophisticated professionals with the necessary skills to succeed in the business world but who also have a broader perspective on the issues involved in creating and maintaining living and working environments. Relevant issues that department faculty examine include finance, investments, production, operations, development law, design, environmental remediation, public policy, economic market analysis, and architecture.

U.S. News and World Report has repeatedly ranked Wharton’s real estate MBA program as the top in the nation. The Real Estate Department offers concentrations in real estate at three levels:

  • Undergraduate Program
  • MBA Program
  • Doctoral Programs

Required courses focus on real estate law, finance, and development, while electives allow students to explore a variety of issues related to the industry. The department has developed curricula at the undergraduate and master’s levels that thoroughly explore important areas of the practice of real estate and expose students to the frontiers of research.

  • Applied Economics Job Market Candidates

Featured Faculty

Maisy Wong

research interests: urban economics, real estate finance, development economics

  • Zell/Lurie Real Estate Center
  • International Housing Finance Program
  • Wharton MBA Real Estate Club
  • Wharton Undergrad Real Estate Club
  • Wharton Geographic Information Systems Laboratory (GIS Lab)

online phd real estate

A business journal from the Wharton School of the University of Pennsylvania .

Academic Programs

Undergraduate.

For all student permission request inquiries please contact  [email protected]  for further information.

Fisher Center for Real Estate + Urban Economics

PhD Program

The doctoral program in Real Estate offers students with strong backgrounds in finance and economics the opportunity to focus their studies and their research activities on a broad range of topics in real estate, capital markets, housing and urban economics. The purpose of the program is to train individuals for academic positions in real estate and finance and technical research positions in industry. Doctoral students are exposed to state-of-the-art treatments of a variety of current issues in real estate, including structured financing, contract design and pricing, regulatory issues in real estate finance, real estate cycles, real options, agglomeration economies and the structure and operation of mortgage, housing and land markets.

Next: Program Overview

  • Graduate Programs

Whether you’re setting out on a course of academic study that will define your professional life, or seeking to build skills to help you land a better job, Santa Clara’s graduate programs offer a range of options to match your needs.

Many of our graduate students work while pursuing their degrees, so we offer both part- and full-time programs and some online courses, as well as certificate, license, and non-degree options.

Students in a classroom working on a whiteboard discussion.

Leavey School of Business

With the largest MBA program in Silicon Valley as well as specialized Masters degrees, the business school offers a range of options to professionals at different stages in their careers.

  • 4+1 Master of Science Programs

A teacher and students engaged with a tablet in a classroom.

School of Education and Counseling Psychology

Offering masters and credential programs and certificates to those serving their communities in education, counseling, health and human services, and ministry. 

Master’s Programs

  • M.A.  Applied Psychology
  • M.A.  Counseling
  • M.A.  Counseling Psychology
  • M.A.  Educational Leadership

Doctor of Education Degree Program

  • Ed.D.  Social Justice Leadership

Law students collaborating

School of Law

In addition to J.D. and LL.M. degrees, the School of Law offers unique combined degree programs in J.D./MSIS.

  • J.D.  Juris Doctor 
  • Hybrid, Part-Time  Flex J.D.
  • J.D./MBA  Master of Business Administration
  • J.D./MSIS  Master of Science in Information Systems
  • LL.M.  Intellectual Property
  • LL.M.  International & Comparative Law
  • LL.M.  United States Law

A person in a suit talking to another person holding a guitar in a hallway.

College of Arts and Sciences Graduate Program in Pastoral Ministries

Preparing graduates to enter professional ministries. 

  • M.A.  Pastoral Ministries (Online & In-Person)
  • Graduate Certificate in Restorative Justice & Chaplaincy  (Online & In-Person)

Student working on an engineering project

School of Engineering

Offering flexible graduate programs for working engineers in Silicon Valley, as well as traditional full-time programs.

M.S. Programs

  • Aerospace Engineering
  • Applied Mathematics
  • Bioengineering
  • Civil, Environmental and Sustainable Engineering
  • Computer Science and Engineering
  • Electrical Engineering
  • Engineering Management
  • Mechanical Engineering
  • Power Systems and Sustainable Energy
  • Robotics and Automation

Accelerated B.S./M.S. Program for Engineering

  • Civil Engineering
  • Computer and Software Engineering
  • Electrical and Computer Engineering
  • Engineering Management & Leadership

Accelerated B.S./M.S. Program for Arts & Sciences

  • Mathematics
  • Computer Science
  • Engineering Physics

Ph.D. Programs

Certificate programs.

  • Robotics and Automation (Online)
  • Applied Bioengineering (Online)

Two students reading on benches in an outdoor garden.

Jesuit School of Theology

JST offers a range of Masters degrees (including M.Div.) to students interested in preparing for a broad range of ministries and service to the church and world.

  • Master of Divinity (M.Div.)
  • Hyflex Master of Theological Studies (M.T.S.)
  • Master of Theology (Th.M.)
  • Combined Master of Divinity and Master of Arts (M.Div./M.A.)
  • Master of Arts (M.A)

Ecclesiastical Degree Programs

  • Bachelor of Sacred Theology (S.T.B.)
  • Licentiate in Sacred Theology (S.T.L.)
  • Doctor of Sacred Theology (S.T.D.)

online phd real estate

Hybrid and fully online programs that meet students where they are. SCU Online provides increased flexibility while still promising a holistic Santa Clara education.

  • Online MBA
  • Online M.S. Marketing
  • Online M.S. Business Analytics
  • Online M.S. Finance and Analytics

School of Education & Counseling Psychology

  • Online Catholic M.A. Teaching and Teaching Credential (CATMAT)
  • Online Certificate in Applied Bioengineering
  • Online Certificate in Robotics and Automation 

College of Arts and Sciences - Pastoral Ministries

  • Online M.A. Pastoral Ministries
  • Online Graduate Certificate in Restorative Justice & Chaplaincy
  • Online Master of Theological Studies (M.T.S.)

Pull quote illustration

"Santa Clara University's location in the heart of Silicon Valley combined with our innovative, flexible graduate programs will help position your career for life-long growth and impact."  

For all programs, Santa Clara is committed to providing a graduate education in which students will:

Demonstrate academic competence

Graduate students will demonstrate broad content knowledge and the ability to integrate and apply concepts from their course of study to professional situations.

Engage in creative and collaborative learning

Graduate students will innovate, collaborate, and communicate effectively with professionals and others in their discipline.

Enhance professional development

Graduate students will exhibit professionalism, consistent with the university's Jesuit mission that includes attention to ethics, integrity, and responsible engagement with their communities—professionally, locally, or globally.

International Agreements

  • NorthCap University, India - Application fee waivers for all applicants; two US$9,000 tuition scholarships for underrepresented candidates in Engineering; two $12,000 tuition scholarships in Business programs.
  • Narsee Monjee Institute of Management Studies (NMIMS), India - Application fee waivers for all applicants; two US$9,000 tuition scholarships for underrepresented candidates in Engineering; two $12,000 tuition scholarships in Business programs.

The Office of Equal Opportunity and Title IX : Santa Clara University does not discriminate in its employment practices or educational programs or activities on the basis of sex/gender. SCU also prohibits retaliation against any person opposing discrimination or participating in any discrimination investigation or complaint process internally or externally. Reports of misconduct, questions regarding Title IX, and concerns about noncompliance should be directed to  The Office or Equal Opportunity and Title IX . For a complete copy of the university's policy and more information, contact the university Director of Equal Opportunity and Title IX Coordinator or the Assistant Secretary of Education within the Office for Civil Rights (OCR).

  • 408-378-4400

Get A California Real Estate License Online

 freedom & flexibility to earn a great living, real estate license process.

  • Enroll Online or Call
  • Start Any Time
  • Instant Access

FINISH COURSES

  • Complete courses in as fast as 54 days
  • Save completion certificate
  • Submit Examination Application to the DRE
  • Online CA Exam Prep - Over 1,000 questions
  • 1-Day Webinar Crash Course
  • Both updated regularly from student feedback

Pass the Exam

  • Walk in Confident!
  • Pass the state exam on your first try!
  • Unlock your earning potential!
  • Start your new career!

What Our Students Say

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Why Choose Chamberlin Real Estate School?

  • Instructor Support

All pre-license students are assigned a “Personal Instructor” to answer content-related questions. Instructors are licensed real estate professionals with real-world experience.

California Experts

Since 1949, we have delivered California specific content and exam prep to help you pass the state exam. This intense focus provides our students the most success in the state!

Money Back Guarantee

100% satisfaction is our goal. Try the courses for 30 days, and if you are not satisfied, we will process a refund. There is no risk for signing up!

The Most Effective Learning Experience

  • Access the courses 24/7 from your phone, computer, or any other device
  • Log in and log out anytime of day and the course will remember where you left off
  • Textbooks available if your prefer to learn with a physical book in front of you
  • Every student is assigned a Personal Instructor to answer course content questions

Take The First Step!

Live 1-day crash course webinar.

Delivered via a state-of-the-art Power Point presentation, our 1-day Zoom webinar crash course is packed with information to help you pass the state salesperson or broker exam the FIRST TIME! This class will cover the most common subjects covered on the state exam. *Included in our Pre-License Package

PRESENTED BY THE BEST . . .

Besides being among the most sought-after speakers in the real estate industry, our instructors are seasoned real estate brokers with years of experience. We’re sure you will enjoy their lively teaching styles and the real world experience they bring to this one-of-a-kind course.

Saturday Only 8:30 AM to 5:30 PM

WHAT’S INCLUDED:

  • Exam-taking Hints
  • Memorization Aids
  • Power Point Slides on Concepts
  • Expert Licensed Instructor
  • Hot Questions Handout

HOW COURSES WORK

– The Chamberlin online courses will better prepare you to take and pass the California State Examination as compared to other home-study offerings.

– Sample questions similar to those you will encounter on the state exam are drawn from our database and distributed throughout the courses.

– These online courses use the same high quality content you would expect from a college level textbook. The content is then delivered  through an engaging and interactive format.

online phd real estate

Real Estate License Packages

Essential package.

  • Courses + Exam Prep with over a thousand questions and concept explanations.
  • Complete 135-Hour Course
  • California Exam Prep
  • 12 months Access to Course
  • Exam Application Assistance

Career Package

  • Most popular package to learn and pass the state exam on the first try!
  • Live 1-day Webinar Crash Course with Hot Questions

Premier Package

  • Courses + Exam Prep along with three textbooks for those who like to take notes.
  • Three Physical Textbooks (No Shipping Fee)

online phd real estate

Our 100% No-Risk Money Back Guarantee! 

If you don’t like the courses over the next 30 days, we will happily refund your purchase. No questions asked.

First – our courses work and have been trusted since 1949. We have proven to be the best at helping students prepare and study for the California state exam with our Exam Prep and Crash Course. 

Second – part of our core values here at Chamberlin is that we put people first – ALWAYS – and we strive for your success.

I believe it, the team believes it, and I’m confident you will believe it too.

Thanks, and I hope we can be a part of your journey.

online phd real estate

Marty Zankich Owner, Chamberlin Real Estate School

Common Questions

Age –  You must be 18 years of age or older to be issued a license.

Residence – A California resident and no paperwork is required. If you are an out-of-state resident, you need to fill out a Consent to Service of Process From (RE 234) with the California Department of Real Estate.

Honesty –  Applicants must be honest and truthful. Conviction of a crime may result in the denial of a license.

Education –  Must complete three approved pre-license real estate courses:

  • Real Estate Principles
  • Real Estate Practice
  • One Elective course for you to choose.

The minimum time to complete courses according to the Department of Real Estate (DRE) is 18 calendar days per course.  The minimum time to complete three courses would be 54 days from your enrollment date.

The maximum time allowed for completion of your course is  1 year from the date of enrollment . Completion of the course means taking and passing the course final examination.

The Department of Real Estate (DRE) allows you to take a final exam 18 calendar days after enrollment. Three courses are required, so the minimum time to complete all three would be 54 days. 

After three courses are complete, an application must be submitted to the DRE to take the state exam. It can take 6-8 weeks for an application to be approved, and then you can choose a test date & time provided by the DRE.

The maximum time allowed by the Department of Real Estate (DRE) for completion of your courses is 1 year from the date of enrollment . Completion of the course means taking and passing the course final examination.

Chamberlin allows the maximum of 1 year . Many schools only allow 6 months to complete courses and then charge you an extension fee. Look for this when doing your research and choosing an education provider.

Yes, all Chamberlin California courses are approved by the California Department of Real Estate (DRE). Once completed, and you have applied with the DRE, you are eligible to sit for the California Real Estate License Exam. Approval # S0692

  • Access courses 24/7 from any device
  • Course progress is saved as you go
  • Each course has 15 chapter quizzes which are 10 questions each. (You must pass with a 60%)
  • You CANNOT take the final exam until all quizzes are complete.

How the Final Exam Works

  • 100 multiple choice final exam
  • You must pass with a 60%
  • 2.5 hours to complete

If you fail the Final Exam you are eligible to take it again immediately. We recommend going back and studying the course before re-trying. If you fail a 2nd time you will need to wait 2-1/2 weeks (18 days) before re-taking the Final again and will need to also re-take the quizzes. This is a DRE regulation.

Yes, California pre-license courses are open book for the final examination.

There are numerous jobs which require a CA real estate license that many people don’t know about. Some of these include:

  • Residential Sales Agent
  • Commercial Real Estate Agent
  • Referral Sales Agent
  • Property Manager
  • Real Estate Broker
  • Business Broker (Sell businesses)
  • Sales Assistant
  • Leasing Agent
  • Real Estate Instructor
  • Real Estate Transaction Coordinatoor
  • Real Estate Consultant
  • Real Estate Investor (Single Family, Apartments, etc..)

No, these courses are designed for beginners just entering the real estate profession or switching from another career. The most successful students we see follow the Chamberlin outline of courses, exam prep, and crash course to earn their real estate license on the first try.

Need Help With The Process?

Contact us to learn more and feel confident starting your new journey!

Receive a Coupon Code for $25 OFF of any Pre-license Package.

Real Estate Schooler - Helping You Find The Best Real Estate School

9 Best Online Real Estate Schools in California (2024 Accredited Courses)

Many people are interested in getting a real estate license in California as the earning potential is high , and you can schedule hours to fit your needs. Licensing requires the completion of an approved course of study at one of the many online real estate schools in California .

Each person learns differently, so most schools try to provide a combination of audio-visual and tactile learning content. Some people have flexible schedules and are more comfortable attending in-person classroom-focused real estate schools. Other people are busy holding down a job, a family, or other commitments that make it a necessity to be able to access course material at their convenience, such as that provided in online real estate classes in California .

1. Colibri Real Estate: Best Online Real Estate School In California (4.9)

real estate express California

Of all of the accredited online real estate schools in California, Colibri Real Estate offers the most choices in course options and supplementary aids. They offer four reasonably priced online pre-license course package options, or you can purchase courses individually.

Course Features

The most basic package is priced at $119. It includes the California Real Estate Principles, California Real Estate Practices, and six different elective courses to fulfill the state’s required 135 hours for your California real estate license. Additionally, you will receive three eBooks and instructor support.

Colibri Real Estate online course is text-based and features end of chapter quizzes and an Instructor Q & A, which provides live access to industry professionals to answer any questions. Successful completion of the end of course final exam earns a completion certificate.

The highest level package is priced at $449. It includes everything the Basic package offers plus exam prep practice exams, a 90-day Boot Camp, an exam-cram video, a printed textbook, and a one-year professional development membership. That’s everything you need for initial licensing and renewal licensing!

Pros and Cons

  • Pro – Career Longevity: If you want to take your real estate career to the next level, this course also offers broker training. And with all the professional development content included with their best courses, this is one of the best online resources for long-term career support.
  • Pro – A La Carte: Colibri Real Estate  has content that will meet all 135 hours required to sit for the California real estate exam. However, you can always choose to take one or two of these courses to earn 45 hours at a time, which may be ideal if you’ve already completed some of the education requirement before this point.
  • Pro – Guaranteed Results:  Under their Pass or Don’t Pay Guarantee, you’ll receive a full refund if you fail your California real estate exam after completing this course. That means the only thing you have to lose is your time.

Bottom Line

We consider Colibri Real Estate to be one of the best online real estate schools in California for reasonably priced pre-license real estate courses from a reputable nationwide company.

( READ OUR COLIBRI REAL ESTATE REVIEW )

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Aceable Agent

Aceable Agent has been in the online education business since 1992. Since then, this company has offered  real estate education to several different locations; however, their online real estate courses in California just received accreditation in 2020.

Their pre-licensing course includes the most updated Real Estate Principles, Real Estate Practices, and Legal Aspects of Real Estate offered in a self-paced PDF format.

The course was written by experienced real estate professionals and is easy to read through. Courses are downloadable to any computer and are specifically designed for use with any mobile or tablet device.

  • The Essentials:  This basic package offers a self-paced PDF study format that meets the 135 hour requirement from the state of California. You can also contact your instructor for support via email, and there’s a 30-day money back guarantee that allows you to try it for a month without making a full commitment.
  • Ace The Exam:  For about $75 more than the basic package, this option includes 75 videos and 70 supplementary audio lessons. You also get over 1,300 practice questions and another real estate eBook to help you study.
  • Ultimate Interactive:  This costs over $100 more than the Ace The Exam package, but it offers private tutoring and other live features. If you’re interested in checking out Aceable Agent’s library of live and pre-recorded webinars, or if you want to ask questions to your instructor in real time, this is a fantastic deal.

Each course is followed by a final exam that earns you a course completion certification. Aceable Agent is so sure you will find success with their classes that they guarantee to refund your money if you don’t pass the state licensing exam by the end of the third try.

  • Pro – Audio Content:  For some students, audio lessons are essential to ensuring they can successfully prepare for their exams. This allows you to multitask and study while doing chores, traveling, or exercising.
  • Pro – Affordable Tutoring:  Although restricted to their highest-priced course, Aceable Agent still offers one of the most affordable packages for students interested in live tutoring. In addition to the hour of 1-on-1 tutoring included with the Ultimate course, you can also quickly ask questions live to your instructors during webinars and the Q&A.
  • Con – Flashcards:  One area in which Aceable Agent doesn’t offer much assistance is vocabulary. A lack of digital flashcards or other vocabulary building exercises means you may not have a solid grasp on all the necessary terms in your profession.

While not the most comprehensive online real estate license prep option, Aceable Agent is an affordable, accredited option.

( READ OUR ACEABLEAGENT REVIEW)

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3. the ce shop: california real estate courses online review (4.6).

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The CE Shop offers some of the most engaging course material, which combines reading passages with real-world decision scenarios. The scenarios provide an opportunity to apply what you’ve just learned, so you are prepared to pass the exam.

Online text-based pre-license courses include Real Estate Practice, Real Estate Principles, and Real Estate Finance. In addition to the course, The CE Shop offers downloadable reference materials and 24/7 access to instructors and tech support.

  • Sales and broker training
  • Digital flashcards and glossary
  • Business eBooks and other career resources
  • Accessible from mobile and tablet devices
  • 91% student pass rate
  • 30-day money back guarantee
  • Pro – Readiness Indicator: Your course dashboard automatically updates to show your progress as you work your way through the course. This prevents you from spending any more time on your study plan than is absolutely necessary.
  • Pro – Course Bundles: The CE Shop offers 3 different courses covering real estate licensing. These can be purchased together for a lower price, which is what I recommend if you’re interested in any aspect of this course.
  • Con – No Audio Lessons: People who like to learn while doing other things will be disappointed to see no audio content in this course. A lack of audio lectures means it will be more difficult (but not impossible) to study while doing chores or exercising.

Innovative course material, reasonable pricing, and several continuing education options make the CE Shop an excellent choice for pre-licensing and continuing education courses.

( READ THE CE SHOP REVIEW )

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compucram

As its name implies, this company offers a computer-based cram course for state and national real estate exams. They can help you greatly improve your working vocabulary of real estate terms and concepts.

  • Unique question formats
  • Digital flashcards
  • Mobile and tablet compatibility
  • Adaptive learning and readiness indicator
  • Six month access period
  • Pro – Qualified Instructors: Each teacher has years of experience in real estate and education.
  • Pro – Free Demo: Anyone interested in this course can try out a free demo to see if they like the material before paying for anything.
  • Con – No Live Learning: Unfortunately, Compucram doesn’t offer any live learning options for real estate exam prep.

Compucram is an excellent course for anyone interested in self study materials. They also offer a guided, computerized curriculum that can help you learn quickly and efficiently.

5. Mbition: Best Real Estate License Course in California

Mbition course

Mbition (formerly known as OnCourse Learning ) is one of the well-recognized online real estate schools in California with a nationwide presence in 41 states. They offer text-based online learning delivered in small modules that can be easily read and understood.

Silver, Gold, and Platinum solutions range from $129 to $339. All course packages include three courses required for real estate licensing in California, such as Real Estate Principles, Practices, and Real Estate Finance in eBook format inclusive of exams and instructor and technical support.

Upgrades to gold and platinum packages provide Mbition’s proprietary MathMaster tool to help students understand the math required for real estate transactions and prepare for the licensing exam. Mbition also offers other study aids and interactive review games for enhanced content retention.

Mbition courses and exam prep tools are all optimized for mobile devices. Student support is available both online and via phone.

Mbition is a budget-friendly course program with unbeatable test prep study aids and resources.

6. Kaplan Real Estate: CA Real Estate Courses Online

Kaplan Real Estate

Kaplan is one of the most well-known providers of licensing exam preparation and continuing education courses. They offer both physical classroom and online courses in real estate.

Kaplan offers a variety of state-approved home study packages, live online classroom packages, and online video packages taught by some of the best instructors in California. While course packages are at the higher end of the price spectrum, Kaplan includes many extras in their course packages.

Course study packages that do not involve live teachers are priced from $179 for the basic home study package to $399 for the basic online video package. Live teacher online, or in-class packages start at $550.

Kaplan excels at providing interactive learning opportunities within the curriculum and keeping abreast of the real estate laws and standards. However, support for online courses is limited to 24/7 phone support.

While they offer some of the pricier online real estate classes in California, Kaplan is the leader in online test preparation.

( READ OUR KAPLAN REAL ESTATE SCHOOL REVIEW )

7. CA Realty Training: Real Estate School in California

CA Realty Training

CA Realty Training is one of the few real estate schools in California that is headquartered in California. Offering licensing courses just for California has allowed them to provide in-depth learning materials that go beyond the basics.

CA Realty Training offers real estate licensing course packages, which range in price from $75.00 for one class to $155 for the full licensing package, including exam prep and eBooks. Their licensing courses include the two mandatory courses plus a choice of one of six electives and are delivered via a combination of correspondence and online training,

Supplemental training and advanced courses are available for $157 to $187. Their premium course offers live webinars, hardbound textbooks, and online video courses for $399.

Instructors are knowledgeable, experienced training experts that know how to engage students in the learning materials. Online courses and exam prep resources are well designed to keep learner’s attention and immerse them in the review process.

Reasonably priced real estate licensing course packages with an in-depth focus on California’s market plus a free introductory training session make CA Realty Training a wise purchase decision.

8. OnlineED: California Real Estate School Review

OnlineEd real estate school in California

OnlineEd is another of the well-known real estate schools in California that have been in business for a while. Since 1998, they have offered the required real estate license courses Real Estate Principles, Real Estate Practices, and Legal Aspects of Real Estate as the elective course.

Their course packages are the lowest priced of the online real estate schools in California that we review. Their Bronze, Silver, and Gold course packages range in price from $99 to $264.

The basic Bronze package includes the online course, a PDF and epub book for download. The Silver package has everything in the Bronze package plus practice tests and the Gold package includes everything in the Silver package plus bound textbooks.

OnlineEd provides licensing courses for salespersons and brokers, as well as continuing education and professional development courses. The California Association of Realtors endorses them for their professional development courses.

While they don’t offer all the bells and whistles of other online real estate courses , OnlineEd is a solid pre-license course choice that is easy on the wallet.

9. Allied Real Estate Schools: California RE Courses Online

Allied real estate course in California

Allied Real Estate School is a popular choice for those interested in one of the most affordable, approved online real estate courses in California. Unlike many other real estate schools, they only offer online courses in California and Texas.

You have the option of purchasing courses individually or taking advantage of their FastTrack packages. The Basic FastTrack program includes the two required Pre-license Courses and one of seven elective courses, eBook study downloads, practice exams, and access to live instructors and 24/7 support.

When you upgrade to premium and premium plus packages, Allied provides exam-cram videos, digital flashcards, eBook dictionary, hard copy textbooks, and membership access to webinars, job aids, and professional development courses.

Allied Schools are so confident that you will pass the California Real Estate licensing exam on the first try that they offer a 100% Money Back Guarantee if you don’t.

Other Top Online Real Estate Schools In California

The list above is our top 9 choices for the online real estate schools that offer the best pre-license education for California. The list below are other schools that are actually located in California but still offer online or home study courses. We listed these real estate schools because they responded to our request for information and each had very good response times:

Accredited Real Estate Schools, Inc. Access License Schools Affinity Real Estate Services America West School of Real Estate Approved Real Estate Academy Chamberlin Real Estate School First Tuesday JLG Real Estate Training License Masters REL Real Estate & Loan School

What’s Required To Get A Real Estate License In California?

Real estate is an excellent career with the opportunity to earn good money. It is one of a handful of professions in which you are able to receive your certification in less than one year.

You will need to comply with the following requirements to be eligible for the Salesperson real estate exam in California :

  • You must be 18 or older to sit for the licensing exam.
  • The California Department of Real Estate requires 135 hours of real estate education from one of the many approved real estate schools in California , focusing on real estate principles, practices, and one elective.
  • Some real estate or law courses can be accepted in place of up to 45 of the 135 required hours. However, you must still complete the remaining 90 hours in an approved pre-license education program.
  • You must satisfactorily pass a background check. You are required to get fingerprinted at a local law enforcement agency.
  • You must pass the salesperson real estate licensing exam with a score of 70% or more.
  • To conduct real estate business in the state of California, you will need to be licensed and work with a licensed broker.

What You Should Know About The California Real Estate Exam

The Salespersons Real Estate exam consists of 150 multiple-choice questions and lasts for 3 hours. Don’t bring anything into the exam room except a current, valid photo ID.

The exam is delivered electronically at the majority of test locations and focuses on these seven areas:

  • Practice of Real Estate and Disclosures 25%
  • Laws of Agency and Fiduciary Duties 17%
  • Property Ownership and Land Use Controls and Regulations 15%
  • Property Valuation and Financial Analysis 14%
  • Contracts 12%
  • Financing 9%
  • Transfer of Property 8%

The Salesperson Real Estate Exam in California can be challenging. However, you can expect any of the Online Real Estate Schools in California that have been reviewed in this guide to prepare you to be successful on the licensing exam.

If money is not an issue, purchase some of the additional study aids and resources that these companies offer to make your studying more effective. Be sure to take advantage of opportunities to ask questions of their knowledgeable instructors as well.

Classroom Instruction vs. Online Learning

You can receive your real estate licensing instruction in a physical classroom setting or via online video or text-based instruction. Both methods offer advantages. Classroom courses provide access to a physical instructor and the camaraderie of working with other students. However, online real estate schools in California allow students to complete coursework on their schedule in the comfort of their home.

California boasts approximately 40 online real estate schools. There are advantages and disadvantages to each real estate school. Some students prefer just the basic course materials required to meet state guidelines, while others want to take advantage of additional study aids and resources. Whatever your preference, there is a real estate school that can provide what you are looking for. In this guide, we recommend nine of the best online real estate schools in California to help you find the right one.

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Master in Real Estate Practicum Prep

This 0-unit seminar is part of the 12-unit Master in Real Estate Practicum. Participation is limited to students in the Master in Real Estate program at the GSD.

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  • Legal scholar criticizes realtors’ group response to California settlement

Legal scholar criticizes realtors’ group response to California settlement

By CHARLES ANZALONE

Published August 7, 2024

Tonya Monestier.

A School of Law professor recently issued two critical reports on the California Association of Realtors’ (CAR) revised standard forms .

Tanya Monestier’s work led CAR to significantly amend its proposed documents.

California is one of a number of states revising their standard forms following a groundbreaking settlement involving the National Association of Realtors (NAR). The organization settled numerous lawsuits in March, agreeing to pay more than $400 million in damages and changing its rules on commissions.

Realtors are now required to have a representation agreement in place with a buyer prior to touring a property, and compensation can no longer be advertised on the Multiple Listing Service, a tool brokers use to make transactions more efficient.

“The goal here is decoupling,” Monestier explains. “Sellers pay for their agent; buyers pay for their agent. Because you are now paying for your own services, the thinking is that it will become more competitive. So, we might see buyers’ agents agreeing to do deals for flat rates, or 1%, or 1.5%. Ultimately, both buy side and sell side commissions should come down.” 

The settlement is effective Aug. 17 and subject to final approval by a federal judge in November. But in advance of these dates, state realtor and private brokerage organizations are “completely revamping standard forms,” Monestier says.

The California forms are filled with “complicated and inconsistent language,” she notes.

“No layperson will be able to understand and appreciate the terms they are agreeing to,” Monestier wrote in a report she prepared on behalf the Consumer Federation of America (CFA), an association of nonprofit consumer organizations that advance the consumer interest through research, advocacy and education.

In a related report for CFA on CAR’s Proposed Selling Listing Agreement, Monestier concluded only about 20% of the seven-page form would be understandable to the average seller . In addition, Monestier wrote that CAR’s draft listing agreement contained “provisions that are substantially unfair to the seller.”

In response to Monestier’s critique, the U.S. Department of Justice launched an inquiry into the CAR forms. CAR then halted their distribution, which were scheduled for release on June 25.

Last month, CAR released a new version of the listing agreement that implemented many of the changes for which Monestier advocated. Importantly, the forms eliminated two of the most problematic features of the listing agreement that Monestier had flagged: cooperative compensation and pre-determined concessions. CAR also just released its new buyer representation agreement, which also eliminates at least one of the provisions that Monestier had identified as problematic.

Monestier has also separately been in touch with the Department of Justice expressing concerns about widespread industry efforts to undermine the settlement.

“This is such a critical time in the real estate industry,” Monestier says. “If we are going to affect meaningful change in the way real estate commissions work, we need to make sure everyone is playing by the rules.

“I’m grateful that organizations such as the Consumer Federation of America are fighting the good fight every day on behalf of home buyers and home sellers,” she adds. “And I look forward to continuing to work with them to shine a light on unscrupulous industry practices.”

  • The Graduate School >
  • Graduate News >
  • Legal scholar criticizes realtors’ group response to California settlement

Legal scholar criticizes realtors’ group response to California settlement

By CHARLES ANZALONE

Published August 7, 2024

Tonya Monestier.

A School of Law professor recently issued two critical reports on the California Association of Realtors’ (CAR) revised standard forms .

Tanya Monestier’s work led CAR to significantly amend its proposed documents.

California is one of a number of states revising their standard forms following a groundbreaking settlement involving the National Association of Realtors (NAR). The organization settled numerous lawsuits in March, agreeing to pay more than $400 million in damages and changing its rules on commissions.

Realtors are now required to have a representation agreement in place with a buyer prior to touring a property, and compensation can no longer be advertised on the Multiple Listing Service, a tool brokers use to make transactions more efficient.

“The goal here is decoupling,” Monestier explains. “Sellers pay for their agent; buyers pay for their agent. Because you are now paying for your own services, the thinking is that it will become more competitive. So, we might see buyers’ agents agreeing to do deals for flat rates, or 1%, or 1.5%. Ultimately, both buy side and sell side commissions should come down.” 

The settlement is effective Aug. 17 and subject to final approval by a federal judge in November. But in advance of these dates, state realtor and private brokerage organizations are “completely revamping standard forms,” Monestier says.

The California forms are filled with “complicated and inconsistent language,” she notes.

“No layperson will be able to understand and appreciate the terms they are agreeing to,” Monestier wrote in a report she prepared on behalf the Consumer Federation of America (CFA), an association of nonprofit consumer organizations that advance the consumer interest through research, advocacy and education.

In a related report for CFA on CAR’s Proposed Selling Listing Agreement, Monestier concluded only about 20% of the seven-page form would be understandable to the average seller . In addition, Monestier wrote that CAR’s draft listing agreement contained “provisions that are substantially unfair to the seller.”

In response to Monestier’s critique, the U.S. Department of Justice launched an inquiry into the CAR forms. CAR then halted their distribution, which were scheduled for release on June 25.

Last month, CAR released a new version of the listing agreement that implemented many of the changes for which Monestier advocated. Importantly, the forms eliminated two of the most problematic features of the listing agreement that Monestier had flagged: cooperative compensation and pre-determined concessions. CAR also just released its new buyer representation agreement, which also eliminates at least one of the provisions that Monestier had identified as problematic.

Monestier has also separately been in touch with the Department of Justice expressing concerns about widespread industry efforts to undermine the settlement.

“This is such a critical time in the real estate industry,” Monestier says. “If we are going to affect meaningful change in the way real estate commissions work, we need to make sure everyone is playing by the rules.

“I’m grateful that organizations such as the Consumer Federation of America are fighting the good fight every day on behalf of home buyers and home sellers,” she adds. “And I look forward to continuing to work with them to shine a light on unscrupulous industry practices.”

Boise State Online

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How can Boise State prepare you for a career in change management?

Change is inevitable — especially in business. When an organization’s goals, processes or technologies shift, effective change management is critical to maintaining a positive and productive work environment.

While leading or managing change in organizations, you would face different stages of the change management processes, including planning and implementing change initiatives, preparing individuals and teams within an organization, implementing strategies for effecting change and ensuring that these changes are sustained over time. Earning a graduate certificate could strengthen your capacity as a change management agent.

Organizational development vs. workplace performance improvement: Which graduate certificate is right for you?

Boise State’s online Organizational Performance and Workplace Learning program educates the 21st-century workforce in instructional design, human resources development, performance improvement and consulting.

Two of the program’s online certificates — the Graduate Certificate in Organizational Development and the Graduate Certificate in Workplace Performance Improvement — prepare you to lead in different stages of the change management process.

Graduate Certificate in Organizational Development

The organizational development certificate prepares you to use proactive approaches to change management and become an effective leader of an organization.

In this program, you will learn practical knowledge and skills to develop organizational plans, lead change and improve an organization’s ability to use its resources and talent. These skills will help you:

  • Analyze the organizational factors that play key roles in an organization’s success (i.e. leadership, organizational structure, culture and technology).
  • Advocate for organizational development principles to improve impact.
  • Use evidence-based practices to recommend improvements and help an organization reach its goals.

Common careers in organizational development include planning and consulting positions. Our graduates have moved on to the following roles: organizational development specialist or consultant, human resource manager, organization effectiveness manager, succession planner, talent development manager and other executive positions.

Graduate Certificate in Workplace Performance Improvement

The workplace performance improvement certificate trains you to gain professional experiences needed for implementing change management projects, diagnosing performance problems in the workplace and ensuring continuous organizational improvement.

This program emphasizes the practical application of process models, tools and techniques to workplace performance improvement scenarios. You will gain the following skills:

  • Practice conducting a needs assessment or program evaluation for real clients.
  • Complete a change management project and practice implementing the change.
  • Design, develop and administer appropriate data collection methods and analyze data.

Common careers in workplace performance improvement focus on day-to-day implementation and strategy. Our graduates have moved on to the following roles: project manager, human resources director or partner, change management specialist, performance improvement consultant, organizational development strategist and data analyst positions.

Ready to get started?

Learn more about the Organizational Performance and Workplace Learning program and connect with a coach to see if a graduate certificate is the right fit for you.

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