Do you need a master’s degree to build a successful real estate career in Washington DC, Maryland, or Virginia? The short answer from Matt Cheney of Compass Real Estate is no. Matt Cheney earned a master’s degree in real estate development from Johns Hopkins University, and he explains that a graduate degree is not required to be a great realtor. He also notes that it comes in very handy when working with demanding clients.
Do You Need a Master’s Degree to Become a Realtor?
No. Real estate licensing in Washington DC, Maryland, and Virginia is administered by each jurisdiction’s own real estate regulator, and entry requirements generally center on approved pre-licensing education and a licensing exam. A graduate degree is not part of that process. Requirements, hour minimums, and exam formats can change, so anyone considering a license should confirm current details directly with the DC Real Estate Commission, the Maryland Real Estate Commission, or the Virginia Real Estate Board before proceeding.
How Matt Cheney’s Career Started Alongside Commercial Developers
When Matt Cheney first started in real estate, he worked with commercial developers on large condo projects. Projects of that scale often involve land and zoning questions, construction timelines, financing, and how a building is brought to market. Matt Cheney realized he needed a better tool to communicate with the developers he was working with.
Why Matt Cheney Earned a Master’s in Real Estate Development at Johns Hopkins University
To build that tool, Matt Cheney applied for and earned a master’s degree in real estate development from Johns Hopkins University. The decision was practical: he wanted a stronger framework for talking with developers. Real estate development programs generally cover subjects such as site selection, land use, project financing, and market feasibility, although curriculum varies by program.
You Do Not Need a Johns Hopkins Degree to Be a Great Realtor
Matt Cheney is clear on this point: a master’s degree from Johns Hopkins is not required to be a great realtor. Strong agents develop their skills through years of closed transactions, mentorship, continuing education, and deep knowledge of the neighborhoods they work in. A degree is one route to additional knowledge, not a shortcut around experience.
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Where Advanced Training Can Help With Detail-Oriented Clients

Deeper real estate training may be useful with condo buildings, new construction, properties with unusual lots or zoning questions, and buyers weighing renovation or redevelopment. In those situations, clients with high expectations often want to understand the reasoning behind each recommendation. Results vary by property, price point, condition, timing, and market competition, and no specific result is guaranteed.
What to Look for in a Realtor Beyond a Degree
For buyers and sellers comparing agents, a degree is only one data point. Verifiable experience, local knowledge, clear communication, and a process for complex transactions may matter just as much. Matt Cheney has 23+ years of experience and $780M+ in career sales volume, and he is ranked in the Top 1.5% of agents nationally by RealTrends America’s Best. Anyone choosing a realtor should base the decision on their own priorities. Readers with questions can contact Matt Cheney at (202) 465-0707 or through mattsold.com.
Frequently Asked Questions About Master’s Degrees and Real Estate Careers
Do you need a master’s degree to be a real estate agent?
No. Licensing in Washington DC, Maryland, and Virginia is based on approved pre-licensing education and a licensing exam. Confirm current requirements with the DC Real Estate Commission, the Maryland Real Estate Commission, or the Virginia Real Estate Board.
What did Matt Cheney study at Johns Hopkins University?
Matt Cheney earned a master’s degree in real estate development from Johns Hopkins University after starting his career working with commercial developers on large condo projects.
Does a realtor’s degree guarantee better results?
No specific result is guaranteed regardless of credentials. Outcomes depend on the property, price point, condition, timing, and market competition.
Watch the Video: Do You Need a Master’s Degree in Real Estate?
Hear Matt Cheney explain in his own words how his Johns Hopkins degree in real estate development shaped his work with developers and demanding clients.
Matt Cheney | Compass Real Estate is committed to the principles of the Fair Housing Act and the Equal Opportunity Act. All real estate services are provided without regard to race, color, national origin, religion, sex, familial status, or disability.
About Matt Cheney
Matt Cheney is a top-producing real estate advisor with Compass in Washington, DC, guiding buyers and sellers across DC, Maryland, and Virginia through high-stakes moves, from luxury sales to estate settlements, downsizing, and divorce-related transactions. With over $780 million in career sales volume and 23+ years of experience, Matt is ranked in the Top 1.5% of agents nationally by RealTrends America’s Best. He is known for calm, strategic guidance and a straightforward approach to complex and sensitive real estate situations.