Online Real Estate Classes
Students enrolled in these types of classes are on their way to gaining the necessary skills and knowledge to become a licensed broker or agent. These careers are important because a buyer and seller in real estate transactions are legally required to be represented by a broker. Courses in this field contribute to the 70-hour education requirement to become a licensed broker or salesperson.
Students can expect to gain knowledge in the following areas:
Finance and Investments
These courses investigate institutions, instruments, and structures by which investment in real estate is financed. This involves reviewing capital markets, acquiring and using funds, and the role of government in finance.
In this line of work, economics courses focus on the trends and factors which influence changes in property values to aid the broker and salespersons in the interpretation of the overall market. Topics include government and business conditions that affect real estate decisions, regional and local trends, market analysis, and supply and demand factors.
These type of classes focus on appraisal, including the valuation and rights of property in the context of general economic theory. Students will learn appraisal methods, how to value residential and income producing properties, influences on market valu,e and trends in the appraisal industry.
Students will also learn about the interaction of selling property and the legal system. These courses focus on law that are essential to the processes and functions of property purchase, administration, financing, land use regulation, financial instruments, leases, and property rights.
This subject area entails the theory and practice of escrows. This covers the roles of broker and escrow holder, nature of the escrow relationship, step-by-step outline of processing, regional variations, title documents, prorations, title insurance, automation, ethics and specialized escrows.
Students in this area of study will also develop critical skills for professional success, including:
Students will learn how to function as a broker or salesperson. Topics include the market, property rights, deeds and leases, contracts, the closing process, urban economics, brokerage, appraisal, land uses, and insurance.
Most curriculums teach practical management skills to solve the many specialized problems and challenges that are involved in administering an office. This includes working in both small, single-broker firms and larger companies.
Mortgage Loan Brokering and Lending
Brokers interested in the loan brokering business have the option to take online courses in this topic area. Students will learn regulation and licensing requirements, mortgage loan agency, disclosures, equal lending, trust fund management, hard money makers, sales of notes, origination, and future trends.
Marketing and Management
Marketing and management courses give students the opportunity to discuss and review terminology, conceptsm and best practices on how to manage the basic functions within the industry. Topics include structure of leases, development, negotiations, marketing, and other issues.
Courses on this topic will study the role and major functions of the property manager regarding landlord policies. Topics include operational guidelines, leases and lease negotiations, tenant relations, habitability laws, and the Fair Housing Act.
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