Introduction
Real Estate Market in Pakistan has grown exponentially in last 2 decades in Pakistan. That is why real estate education becomes necessary in Pakistan, as we all know that there are professional real estate dealers as well as un-professionals who are involved in scams and other fraudulent activities. The new real estate degree program will be beneficial for everyone, either it’s the agent planning to start own agency or the customer with satisfaction in mind that the agency they are about to deal with has professional certified agents. There are many private and semi-government institutes offering these real estate diplomas and bachelor programs, holding a vision to eliminate real estate unprofessionalism from society.
Formal education in Real Estate Market
Pakistan Institute of Real Estate Management is providing short certification courses for those people with degree in Real Estate Management and wants to add more value to their bachelor’s degree with some practical applications and a certification, or people who are already in this business and required a certification for credibility and contemporary knowledge of latest real estate trends.
The list of that courses given below.
– Professional Diploma in Real Estate Management (24 Weeks)
– Certificate Course in Building Construction (8 Weeks)
– Certificate in Apna Business (8 Weeks)
Pakistan’s real estate has now become significant part of its economy, future forecasts have suggested that real estate business in Pakistan will shift and take the economy to its rise. Proper rules and regulations from the government are still lacking, making the real estate business little less credible due to new unprofessional entrants in the market. Certainly, these courses from different institutes will definitely help in accountability of new real estate businesses and individual dealers.
Institutes like NUST, UCP and PIM are offering these Real Estate Management programs under the umbrella of Zameen and Graana real estate sites to provide insights of real estate projects and latest developments.
The benefits of the degree programs aimed to not just develop interpersonal skills but also help in career advancement. All the knowledge obtained from these certifications will help the individual to keep up with the latest real state trends and can improve their level of communication, convincing and dealership skills.
Apparently, these skills learned from real estate degree program are high in demand due to market growth and competition. Graduates in other degree programs can also apply for a specialization in Real Estate management program to boost their career. A lot of jobs are out there available in management and development in Real Estate, towns planner, surveyor, real estate investment advisor, and property valuation expert. Graduates are also qualified to act as consultants in leasing, marketing, investment planning, and acquisition and disposal of property. Employers are looking for potential candidates these days in real estate firms, commercial business towers, industrial parks, shopping centers, and office parks.
Impact of Formal Real Estate Education
These real estate program for students are going to establish certain new traits in learners.
- The learners will be getting modern development and design strategies pertaining the infrastructures that will suit the latest conditions and needs.
- Programs will focus on providing in depth knowledge and view of Market segregation and how to keep building acquisition skills to become real estate entrepreneurs.
- Aim to provide the practical application to the learner regarding all stages of the real estate cycle; from design, implementation and analysis to negotiation, funding, and closure of transactions, as well as asset sales, marketing and trade.
- Learner will get to know how to do the consolidation of all the real estate and town planning authorities to provide Pakistan a better and reliable real estate eco system to boost our economy cycle.
Conclusion
Pakistan has vast, unused resources that are yet to discovered. The biggest resource our country has its youth. We can expect the real estate market to grow further, if we channelize the potential of our youth, giving them learning platforms for exploring the vast world of Real Estate Market. Government has started to pay close attention to the construction industry and trying in terms of training and providing quality education to involved parties. Technical skills are very important in today’s era especially in this highly competitive market. Since the future of Pakistan depends on the youth, the government should actively provide more training courses. In this way, it will empower our young Pakistanis with better job and business opportunities.