10 must-have skills for a BBA in real estate student to prosper in their career

The real estate market is expanding, which has opened up several career opportunities for people hoping to work in this field. While going with the flow and having faith in oneself may be effective for some people, it’s not always that way. Pursuing a real estate management course is a common recommendation for those who wish to have a successful profession in this industry. 

One such course on real estate in India is BBA in real estate. If you are a student currently pursuing a BBA or wish to enrol in this course, these are the 10 must-have skills for a BBA in real estate student to prosper in their career:

1. Fundamentals

To clearly understand how the real estate market works, one must have a strong grasp of the fundamentals of the real estate industry, such as property valuation, data analysis, and financial market trends.

2. Financial Management

Since real estate involves many financial transactions, students are expected to have a solid foundation in budgeting, financial analysis, and forecasting. 

3. Marketing

Since an increase in interest in real estate has been on the rise, professionals in this industry need to be on their toes in the marketing aspect. Developing marketing strategies after a market trend analysis and maintaining a positive relationship with the clients is a must. 

4. Communication skills

Communication holds the key to a successful negotiation with the clients or the investors. A course in real estate management helps students develop strong written and verbal communication skills.

5. Technical Skills

Technology plays a big part in the real estate industry, from marketing tools to property management software. Technology should be easy for students to use so they can stay ahead of the competition and improve their work.

6. Leadership Skills

Build a collaborative work atmosphere, hone your leadership abilities, and discover how to inspire and motivate others. As students grow in their careers, they might be asked to take the lead on projects or teams. Gaining leadership experience is crucial for a successful career.

7. Flexible Nature

In an ever-evolving industry like real estate, an individual should also be quick on their feet and have a flexible nature towards learning anything new. Students must possess the flexibility to quickly adjust to new norms and trends.

8. Professionalism

Trust-building is also essential in real estate. Sustain a high standard of professionalism, adhere to moral principles, and always put your client’s needs first.

9. Time-Management

Students who work on real estate projects frequently have strict deadlines. Thus, time management skills are essential.

10.  Negotiation Skills

Whether negotiating with customers, suppliers, or other stakeholders, negotiation is an essential component of the real estate industry. Acquire the skill of proficient negotiation by weighing the interests of the seller and your customer and striving for win-win outcomes.

Where Can Graduates Upskill Themselves As Per The Industry Demands?

The most suitable upskilling real estate management course in India is the BBA in Real Estate and Urban Infrastructure, provided by RICS SBE, Amity University. The curriculum is designed keeping modern trends and techniques in mind. They are equipped with knowledge of BIM, 3D printing, AI, and all the other technology-related specifications. The course is designed so that the graduates become market-relevant professionals.

Conclusion: 

A student pursuing a BBA in real estate needs to have a variety of talents to have a successful career in the real estate industry. These abilities range from communication and analytical skills to financial management and negotiating abilities. By honing these abilities, students can position themselves for a prosperous career in real estate.