Statement of Purpose One of the most important pieces of the application, the statement of purpose provides an opportunity to discuss your motivations, background, character, personal goals, and any other insights that you want the admissions committee to consider in evaluating your application. There is no set format, but statements should be no longer than 750 words. The admissions committee reads the statement of purpose to gauge an applicant’s passion for real estate, leadership potential for the real estate industry, and the ability to contribute in the classroom. Questions the committee hopes to finds answers to within the statement of purpose include: Are you someone that positively impacts the people and organizations around you? What experiences can you share that point to your character and integrity? Do you have the traits that will inspire a legacy at whatever organization you serve during your future real estate career?