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The UBC Real Estate Club: Why a Career in Real Estate?

We are back and better than ever. Our #1 objective this year: CONQUERING THE MYTH OF REAL ESTATE AT SAUDER.

Written by Madison Shouldice and Crystal Lye

"Conquering the Myth of Real Estate": What Does This Mean?

At UBC REC, we find that there is a general misconception about studying real estate at Sauder: most students think that the real estate option is only for those who desire to become a residential realtor.

In reality, one doesn't require a BCom degree to obtain a realty license. The BCom Real Estate option primes students for careers in various streams such as commercial brokerage, real estate finance/appraisals, development, consulting, property management, and so on. Obtaining a realty license is optional as a Sauder BCom real estate student, and can be obtained from the Real Estate Division on the 2nd floor of Henry Angus. The Real Estate Division is a separate program from the Sauder BCom program entirely.

"Most students think that the real estate option is only for those who desire to become a residential realtor. But in reality, one doesn't do a BCom degree if all they want is a realty license."

What Do We Do as a Student Club?

Our mission is: "Educating, Inspiring, and Connecting students to the real estate industry of Vancouver."

Throughout the year, we work with the BCC (Business Career Centre), the CUS (Commerce Undergraduate Society), real estate professors, and reputable real estate companies to deliver top-quality events, including large-scale networking events, speaker events, firm/site visits, information sessions and workshops.

We also push out regular blog posts and newsletters that include a ton of valuable resources, like career & community spotlights, sponsor & alumni interviews, internship & scholarship resources, tips & advice, upcoming events, and so much more.

AND... You can also almost always expect free food at our events.

Why Real Estate as a Career?

We're going to spend the entire year trying to educate you about a career in real estate anyway, so we might as well start now.

Clearly, there is a lot that's exciting about Vancouver's real estate industry. In four of the past five years, Vancouver has experienced real GDP growth of over 3%, largely due to its construction and FIRE industry (Finance, Insurance, and Real Estate).

With an economy that is "on FIRE" (pun intended), our industry requires skilled individuals who are able to facilitate real estate transactions (brokerage and acquisitions), develop property (development), appraise property value (appraisals), and manage investments on a portfolio (portfolio management), asset (asset management), and property level (property management). Not to forget, the industry is always in need of experienced marketers and economists.

This is why the Sauder School of Business offers a broad, top-calibre, industry-driven Real Estate program that creates students who are able to work at a both a national and international level. Careers in real estate are not just plentiful, but lucrative. But how were you supposed to know that? Unfortunately, real estate is one of the few options that does not have an introductory course for BCom majors.

"This is why the Sauder School of Business offers a broad, top-calibre, industry-driven Real Estate program that creates students who are able to work at both a national and international level."

This is Where We Come In.

Throughout the year, the UBC Real Estate Club offers opportunities to not only learn more about your career options in real estate, but to meet professionals and alumni who want to help you jump start your career. So here's what you need to do:

1. Check out our events page, and see the value for yourself!

2. Subscribe to our bi-weekly newsletter, so you are always updated about our club affairs.

3. Purchase your $10 yearly membership; this buys your discounted or priority access to all our events throughout the year. We sold out of 100% of our events last year, so this will decrease your chances of ever missing out!

We are very excited about what's in store for 2016/2017 and we hope you are too!

Sources:

Kirby, J. (2016, May 18). Vancouver's real estate paradox. Retrieved May 20, 2016, from http://www.macleans.ca/economy/economicanalysis/vancouvers-real-estate-paradox/

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