Professionals for real estate market : challenges in practice and education

Kamynina, Nadezda

A growing number of property transactions worldwide lead to a strong demand for professionals working on the real estate market. The real estate agents possessing relevant and up-to-date skills and knowledge are essential for a smoother functioning of the property market. Employment opportunities for such professionals are normally seen as very good due globalization and internationalization of the property market. In other words, real property transactions become more complex as well as frequently run across the national borders and therefore, require highly qualified professionals. It seems reasonable to assume that analysis of the labor market for real estate agents as well as an overview of the available training programmes in related field may help to adjust relevant education for the future needs of the practice. Specifically, the paper seeks to identify correspondence between existing practice and university training of real estate marketts professional in Russia and Sweden. To achieve this, available training programmes of the selected countries are analyzed and further compared with the modern requirements of the national labor markets. Moreover, a comparative analysis of similar education in different countries enables to identify possible weaknesses as well as strength and possibility for further development and capacity building in professional education of real estate agents. To act as a real estate agent, a graduate shall normally possess a BSc degree in real estate related field. However, on-site short-term intensive courses are another way to increase qualification for those who have university training in adjacent areas. In particular, some universities offer valuable courses for both new graduates and experienced real estate professionals. Ideally, such professionals shall possess a wide range of legal, economical and engineering knowledge. The idea of the paper is to introduce project proposal, related to the development of the PhD school in Belarus and Russia, based on the experience of Sweden with a focus in land management.

Event: FIG Working Week 2012 : Territory, environment, and cultural heritage

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