Two major government reports in the Republic of Ireland and Northern Ireland have heralded the changes likely to take place in the business environment in Ireland over the next ten years. The reports, Technology Foresight Ireland (Republic of Ireland) and Strategy 2010 (Northern Ireland), predict a business culture dominated by information technology where electronic commerce plays a major role in the economy. In analysing the forces for change over the next decade the concept of a knowledge-based society is presented in order that the population can be equipped with the skills to meet the challenges of the information revolution. The purpose of this paper is to assess the impact of a knowledge-based economy in terms of changes in the property market and more importantly what changes in the real estate curriculum need to be effected so that real estate professionals are fully equipped to meet the evolving needs of clients.