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in 1980, Jim Weichert founded the Weichert Real Estate School. The school is licensed in New Jersey, Pennsylvania, Maryland, Virginia, and the District of Columbia (DC), to provide pre-licensing classes and continuing education to prospective and current real estate professionals. In 1982, Weichert Referral Associates was established.
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
The U.S. News & World Report ranks the top 13 undergraduate programs which offer a study in real estate. [7] However, many schools on the U.S. News & World Report list (University of Florida [3] and Cornell University, [8] [9] for example) do not actually offer undergraduate degrees (majors) in Real Estate, and alternatively run a "focus" or "minor" in Real Estate under their Finance departments.
As with many MBA programs, undergraduate real estate education is commonly offered as a concentration, or focused area of study. Very few universities with varying academic reputation offer a bachelor's degree with a concentration in real estate (typically two courses during the senior year).
The National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
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