What are the necessary academic qualifications for a real estate broker to possess that help him to work with more confidence and to move along with customers with a prestige of qualified broker? Social reputation, good client list, good listing of property etc are general things that help in attaining business.

Educational requirements vary from State to State in the USA. Some have no specific minimum education. The imparting of certain knowledge or skills is not in the Province of Academia. Real Estate may be one of those areas.

I often explain it this way to people who better understand the business of Electricians, Plumbers and Bricklayers. Like these professions, Real Estate is also a Journeyman's business. Every Sales Person is an Apprentice serving under the supervision of a Broker (like a Master Electrician), who takes responsibility for the work of all the Apprentices (like SalesPeople) in the Office.

Besides for some nominal examinations, the States also have varying levels of experience that they deem necessary for a SalesPerson to have BEFORE they may become Brokers. This experience requirement is usually expressed in the duration of a certain amount of Time AND a certain number of Transactions which have Closed successfully.

I tell aspiring Salespeople that it's not the Closed Transactions that you gain the most valuable experience and knowledge from; but rather the Transactions which Fail to Close. In their Wisdom, the States have realized that it is the experience of participating in the construction of Contracts, nurturing them through the process, attending to details ignored by others, and keeping all parties informed, through to a conclusion is a group of skills that can be gained ONLY by actually attempting to perform them . . . . and also learning from what went wrong when they fail to Close (maybe because they were ill-conceived to begin with).

I have known many successful Agents who became Brokers with hardly any education beyond High School; and I have also known others touting a PhD who were utter failures.

I hope others can add to this for you.