what topics do real estate fundamentals course cover

by Dr. Randal Corwin Sr. 10 min read

The course covers topic areas such as Illinois license law, agency, state and federal law, relationships with employing brokers, working with sellers and buyers, real property, fair housing, ownership, contracts, real estate valuation, environmental issues, construction, real estate closings, advertising, property management, and commercial real estate.

What Topics Are Included in the Real Estate Pre-Licensing Courses?
  • Modern Real Estate Practice.
  • Real Property.
  • Home Ownership.
  • Real Estate Brokerage and Law of Agency.
  • Fair Housing Laws.
  • Ethics of Practice as a Sales Agent or Broker.
  • Legal Descriptions.
  • Contracts.
Aug 20, 2020

Full Answer

What is the real estate fundamentals course?

This Real Estate Fundamentals course examines the core concepts of real estate lending. We will look at the different commercial real estate loan types and the factors real estate lenders must consider when lending for different properties.

What are the topics in real estate law?

Topics include: Land Descriptions and Subdivisions; Acquisition and Transfer of Real Property; Liens and Encumbrances; Leases; Contracts; Unlawful Discrimination; Agency and Business Principles; Ethics.

What do you learn in a real estate class?

You will also learn the best methods for selling properties and closing a sale efficiently. In this class, students also learn about the escrow process as well as how to best inform buyers about real estate taxes. Learning real estate principles is the first step to getting that first contract signed.

What are the courses in a real estate salesperson license program?

See if you can figure out which state this is—the answer is at the end. This state’s real estate salesperson licensing program consists of three courses: Real Estate Principles, Real Estate Practice, and Legal Aspects of Real Estate.

What Is the Purpose of Real Estate School?

The purpose of these courses is to help students gain knowledge, have a successful career, and pass the state and national portions of the real estate exam. However, each state has different requirements for licensing education including the total number of required credit hours and the topics presented in each course.

What is a real estate closing course?

This course covers the basic skills necessary to properly close a real estate transaction, including responsibilities from the contract through and after the closing, plus accounting for all funds received and disbursed as well as a comprehensive review of the legal documents prepared by the broker.

What is real estate principles?

The real estate principles course (referred to in CO as Law and Practice) covers the national portion of real estate pre-licensing principles (those areas which are common to all states). You will learn the basic principles of real estate, real estate law, and the practice of real estate.

How many hours does a Florida real estate agent need?

The Florida Real Estate Commission (FREC) requires one courses: 3-Hour Sales Associate (FREC 1) for a total of 63 hours.

How many hours does Texas Real Estate require?

The Texas Real Estate Commission (TREC) requires six courses: Principles of Real Estate 1, Principles of Real Estate 2, Real Estate Finance, Law of Contracts, Law of Agency, & Promulgated Contract Forms for a total of 180 hours.

What do you learn in real estate class?

This is the basic course that builds a solid foundation for new realtors, especially for those just establishing the basic skills necessary to build a solid reputation in the industry. Students learn about basic skills, including time management while working in real estate. In this course, you will learn to evaluate a property for its value as well as how to list property effectively. You will also learn the best methods for selling properties and closing a sale efficiently. In this class, students also learn about the escrow process as well as how to best inform buyers about real estate taxes.

What are the legal aspects of real estate?

Your real estate school courses will dispel myths as well as educate you about contract clauses and your obligations as the realtor. Additionally, you will learn about disclosure policies , which vary from state to state.

What are the key factors in becoming a successful real estate agent?

One of the key factors involved in becoming a successful real estate agent is to avoid illegal maneuvers. Each state has different real estate practices and obligations for sellers.

What is commercial real estate course?

For universities, this course is an entryway into undergraduate and graduate programs in commercial real estate for your students. For industry, many of your employees, particularly those in service or business development roles or those who are specialists, would benefit from a comprehensive overview of the industry and critical concepts and issues.

What is the foundation of real estate?

Introduction to the Foundations of Real Estate provides an overview of the concepts, issues, systems, tools, and players in the commercial real estate ecosystem. This course consists of five modules leading to the Certificate in the Fundamentals of Real Estate. This course has been developed by the Urban Land Institute to extend the possibility of a career in the interdisciplinary field of commercial real estate to a new and diverse group of practitioners. ULI is a nonprofit education and research organization with over 45,000 members worldwide, dedicated to providing leadership in the responsible use of land and in creating and sustaining thriving communities worldwide.

What is the certificate in commercial real estate?

This on-demand online certificate offers you a comprehensive introduction to the field of commercial real estate. The certificate includes five modules with 30 hours of content: the Overview, Finance and Investment, Multifamily and Office, the Pro Forma, and Development. You are guided through a series of inspiring videos led by experienced instructors and practitioners with carefully curated accompanying materials. Course materials include ULI Case Studies and reports as well as additional readings and assignments. Successful completion of each module and the accompanying exam will allow you to earn the Certificate in the Foundations of Commercial Real Estate.

What is a real estate finance module?

Developed for those new to the real estate industry, this module provides a basic introduction to real estate finance and investment. Participants will become acquainted with fundamental real estate finance terms and concepts necessary to understand more complex development tools and processes.

Is the Real Estate 101 certificate good?

Both certificates are good for someone who is new the the real estate industry. If you are looking for general exposure to the real estate industry, that covers a wide-range of topics, delivered by diverse faculty, the Foundations of Real Estate certificate is a good option. If you already have work experience, or know that you would like to enter the real estate industry, the Real Estate 101 certificate will deliver targeted content essential for any beginning real estate professional. Either way, you can't go wrong!

How to complete real estate licensing?

The real estate licensing curriculum can be completed in a variety of ways, from live classroom locations around the state to textbook home-study and online options. To help you through this level of the real estate curriculum, schools add value to the courses with tools like study guides, study groups, instructor office hours, drill and practice questions, and exam prep courses.

How many hours are required for real estate practice?

Real Estate Practice (45 credit hours): A real estate license does not come with an operating manual, so we have created a course that focuses on what it really takes to succeed in the business. This course will expand your knowledge of the industry in an engaging and effective forum.

What is required to become a real estate agent?

Becoming a real estate agent requires a license that is regulated by the state in which you wish to sell, buy, lease, or manage real estate. Each state differs on certain aspects of the licensing process, including how much education is required, what topics are included in the required prelicensing education, the fees involved, ...

How many credit hours are required for real estate?

Real Estate Principles (45 credit hours): Become successful in your field by understanding key topics, such as time management, the listing and selling process, property valuation, closing the sale, escrow procedure, taxes, financing, and more. Topics include: Land Descriptions and Subdivisions; Acquisition and Transfer of Real Property; Liens and Encumbrances; Leases; Contracts; Unlawful Discrimination; Agency and Business Principles; Ethics.

How long does it take to pass the real estate salesperson exam?

This state’s real estate salesperson exam consists of 150 multiple-choice questions. You have 3 hours and 15 minutes to complete the exam. You must score 70% or better to pass.

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What Is The Purpose of Real Estate School?

What Topics Are Included in The Real Estate Pre-Licensing Courses?

  • While each state has different qualifying education requirements, there are many topics that remain consistent, including: 1. Modern Real Estate Practice 2. Real Property 3. Home Ownership 4. Real Estate Brokerage and Law of Agency 5. Fair Housing Laws 6. Ethics of Practice as a Sales Agent or Broker 7. Legal Descriptions 8. Contracts 9. Listing Ag...
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Example State Programs For Pre-Licensing Education

  • Example 3: Florida Pre-License Education
    The Florida Real Estate Commission (FREC)requires one courses: 3-Hour Sales Associate (FREC 1) for a total of 63 hours.
  • Always Check Your State's Requirements!
    Due to the fact that each state has its own rules and regulations regarding its real estate licensing education requirements, it is important that you check your state's real estate commission website to understand what education you need! Written and Published by: VanEd
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