Abstract:

The world has turned to a global village hence the importance of property in the life of human beings and the responsibility of real estate professionals for the developed and undeveloped environment has become obvious. This paper therefore traces the development of real estate education over the past few decades in Nigeria more so since real estate has for long been a regional business until recently when Nigerian business men started looking unto some economically advanced countries for co-sponsorship of real estate businesses in the country. With globalization and new information technology, the major fundamental issue facing real estate education currently in Nigeria is its relevance to other built environment professions as well as the new knowledge economy. In the fast changing world of science and technology, the traditional learning environment in both the curricula and the mode of delivery of lectures on real estate education need to accommodate these changes. The development of a modified real estate curricula incorporating information technology tools by academic institutions offering estate management programmes with effective back-ups from the Nigerian University Commission (NUC),the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and Estate Surveyors and Valuers Registration Board (ESVARBON) and other built environment professional bodies, the type of real estate graduate that will fit the future work place and the education that will give the desired outcome, can be established.

Keywords:

Real estate, Real estate education, Real estate profession, Information technology, NIESV and ESVARBON.