According to the National Association of Home Builders (NAHB), developers average about $3 million in gross profit on $16.23 million in revenue. That’s an 18.9% percent profit.

The Master of Real Estate Development prepares graduates for a variety of roles in the finance and real estate industry, such as:

• Asset manager.
• Chief operating officer.
• Commercial or residential real estate agent.
• Construction manager.
• Debt and structured finance officer.
• Public redevelopment officer.
• Developer.

A real estate developer must hold a bachelor’s degree in a related field, such as management, business or even engineering. Many real estate developers also have current real estate licenses in the states where they work.

Specifically, real estate developers buy property or partner with landowners, then develop a plan for what to build or rebuild on that property. They bring in investors and predict how much money the new homes or businesses will bring in. Developers then manage the construction and ultimately sell the project.

The degree can be completed part-time, full-time, or in an accelerated full-time format in 13 months or more. The MSRED program has three concentrations with specialized tier courses.

You need to go to college and get a Bachelor’s degree in finance, business administration, construction management, civil engineering, urban development, or some combination of those. For example, you can consider a double major or a major with a minor. The more educated you are, the better.

When the question comes to making money in real estate, a real estate career as a developer can make you rich. Additionally, the profit a real estate developer makes may exceed $ 1,000,000. Still, you should understand that there are many factors that influence the profit of the developer.

Degree Overview If you have a passion for business and are considering a real estate major as your undergraduate degree path, the BS in Real Estate offered by the NYU School of Professional Studies delivers course content that explores every facet of the commercial real estate industry.

A Master in Real Estate is the first step toward an exciting career, and will not limit you to becoming a realtor, but will also allow you to work in such fields as the insurance industry, property development, and banking.

The only reason to get a masters in Real Estate is if you want to get a job in the real estate industry. If you just want to work for yourself I don’t think it will help you very much. I think you would be better off using that money to finance your real estate deals.

The Master of Sustainable Real Estate Development (MSRED) degree is an interdisciplinary one-year graduate program that prepares students from diverse backgrounds to become effective and influential participants in the fields of real estate finance, design and development.