The real estate industry primarily involves the buying, selling and leasing of land and property. Residential real estate focuses on purchasing and selling single or multifamily structures including houses, mobile homes, duplexes, condominiums, etc. Commercial real estate refers to transactions made for investment or income purposes and includes land and properties such as office buildings, restaurants, retain sites, apartment buildings and other structures.
Real estate sales professionals represent property owners when they sell their homes or land. They determine a property's market price by comparing the property with similar properties that have been recently sold. Real estate professionals may make suggestions to property owners about improvements they can make to increase the value of their property.
Property managers take care of the daily operation. Some property managers are entrepreneurs who manage the properties they own. Other property managers oversee the daily function and operations of office buildings, apartments, retail and industrial properties or condos.
Real estate brokers are typically experienced real estate sales professionals who become licensed as brokers so they can manage their own properties. Typically, these are seasoned professionals who have passed both the exam requirements for a sales professional and completed additional credentialing requirements to become a licensed broker.
The Nebraska Real Estate Commission oversees licensing, education, disciplinary and all other related industry matters in the state of Nebraska. For current information about becoming a licensed real estate salesperson, including information about sitting for the real estate licensing exam, contact: Nebraska Real Estate Commission, 301 Centennial Mall South, P.O. Box 94667, Lincoln, NE 68509, 402-471-2004 or visit their website: https://nrec.nebraska.gov/. For current information regarding a state and national hourly wage for a career in real estate, see the Bureau of Labor Statistics.
ACADEMIC PATHWAY (FALL 2021): Students may use the Real Estate Career Certificate as a pathway to further their Business education in completion of the following Certificates and Degrees:
Business Professional Certificate of Achievement
Business Administration (BGAAS)
Tuition & Financial Assistance
Director MCC Real Estate Program
Nebraska Licensed Real Estate Professional, Realtor®
M.B.A., M.S., B.S.
Real Estate/Business Administration
Sarpy Center 133 | (531)-MCC-3887