Friday, 16 January 2015

Free Online Education for Real Estate Agents

All of us are familiar with the term “open online courses “ or MOOC today. Famous universities like Massachusetts Institute of Technology (MIT), Stanford University or Harvard University are offering thousands of free online courses allowing people to get informed on different fields of study.


The first question that arises is why are these online courses being provided? 

Among the many answers which come up, there are two very important ones. 
Firstly, on-campus courses are very expensive for students and wipe out the consideration of the needs of those who can’t afford them. 
Secondly, online courses play a great role in enhancing the reputation of the institution.




However, free online courses can be greatly beneficial if we think from a student’s perspective. Although online education for real estate are hard to find on the web, we have done some research to find a few high quality websites where real estate related courses are available. Some of them cost a few dollars and the rest are completely free. We hope that this will help those students who are facing economic hardship but at the same time want to build their career as a real estate agent.

Udemy



Udemy is a very high quality website with many real estate related courses. If you type real estate in the search box, it returns all the relevant results. On the top left corner you will find that the courses are classified by course cost, language etc. In addition to that, you can even build custom courses from a particular lesson. This courses are prepared by top professors and depending on the content you prefer to learn, there are free and paid courses available.

MIT OPEN COURSEWARE


 

MIT offers virtually all of their course content through OpenCourseWare project which is basically a web application. OCW is managed regularly by MIT and available for all. OCW is offering a half-semester course about real estate and finance investment including latest topics in this field. A couple of guest speakers from real estate investment industry delivers lectures in this course and most importantly, free pdf lectures and notes written by actual students are provided.

Online learning is becoming popular with time and the advancements in technology is used to deliver knowledge in this filed. As the traditional system is becoming old, people who are involved in this process are identifying the shortcomings which end up affecting students.

You might have noticed that although there are a growing number of fantastic resources available around the web for online education but not much real estate agents courses are available. If you find a new site where these type of courses are available then don’t hesitate to let us know in the comments section because it’s likely that we’ve missed a few. Thanks for reading and good luck with your real estate agent career!

Monday, 24 November 2014

Why Education is Important for the Economic Growth of Australia

Australia is the twelfth largest economy in the world among developed countries, according to the rate of GDP growth. Because of high living standard, low unemployment rate, high labour costs, huge natural resources and relatively low levels of corruption, Australia is a popular destination for skilled workers, international students and tourists from all over the world.  

10 years ago, the largest number of immigrants came from England and New Zealand, however in recent years things have changed and there are a greater number of immigrants from China and India. Is the growing number of immigrants a good thing? Obviously, with more skilled workers available, productivity increases which is good for everyone in the long run. 

However there are also some potential dangers associated with increased immigration.


People that immigrate to the country as a skilled worker may not be able to find a job in the field in which they are skilled. There is evidence to suggest that some companies do not recognise international qualifications and would much prefer someone that is educated locally.  



Immigrants that are unable to get a job in their chosen field can find a position in a low skilled, low paid industry, educate themselves further in Australia and/or get help from the government, which puts more pressure on the economy and worsens the situation rather than improving it. Yet in terms of getting educated, Australia offers excellent opportunities. Many immigrants choose to educate themselves further in Australia as it is world-renowned for the quality of education that is provided.

Unfortunately Australia is far behind for funding of research and development. According to a Wikipedia report Australia ranked 15th in the world for research and development funding. They are even behind from developing country such as India (ranked 8th) and Brazil (ranked 11th). The only way to mature an economy is innovating new technology rather than increasing the volume of goods production. In the last century almost all the major innovation happened in USA who are the maximum spender in research and development field. 

No wonder that USA is the number one economy in the world in respect to GDP growth. So the time has come for the policy maker to rethink about this issue deeply.



However there are good news also. A significant amount of money is put into vocational education and training including TAFE and short courses in cooking, IT and real estate. The reason behind this is mainly the skill shortages in these industries. The Australian government has done a great job by funding these areas to create a skilled younger population that can fill this need. Because of the constant growth of tourism and the real estate industry, it is speculated that more jobs will be created in this sectors in near future.

There are many opportunities afforded to young Australians as the economy requires different skilled to fill the holes. The real estate and property industry is one such industry and more and more training courses are opening up to accommodate for this need. Find more information about quality real estate courses in Sydney by visiting REET.


Image Source: workforceplanningtools, financialtribune, dimensiondrawings, greendoor-blog, rantlifestyle, govspace