This department is in the division of Mathematics, Business & Computer Technology.

Real Estate/Escrow

The Real Estate curriculum is designed to provide students with the preparation for pre-qualification for the real estate sales or brokers examinations.

Overview

There are a variety of reasons why people study real estate. Some wish to become real estate agents, and some people study real estate to be better-informed consumers as they work with agents to buy or sell a personal residence. Still others study real estate as a way to acquire long-term investments that could generate rental income for their retirement years. Whatever the reason, this curriculum provides a strong basis for understanding the real estate market.

Degrees/Certificates

ESCROW CERTIFICATE Certificate

Students working for certificates must have a basic
knowledge of arithmetic, reading and writing in order to
learn and work in the occupations they select.

This certificate qualifies students for entry-level
employment in title and escrow companies, mortgage
companies, savings and loans, and related firms.

This certificate qualifies students for entry-level
employment in title and escrow companies, mortgage
companies, savings and loans, and related firms. Students
working for certificates must have a basic knowledge of
arithmetic, reading and writing in order to learn and work
in the occupations they select.

REQUIRED COURSES: Units
ESCROW 001 Escrow Procedures I 3
ESCROW 002 Escrow Procedures II 3
ESCROW 003 Escrow Procedures III 3
REALST 100 Real Estate Principles 3
REALST 210 Real Estate Finance 3
REALST 215 Legal Aspects of Real Estate 3
Six units from the list of RECOMMENDED COURSES 6
 
RECOMMENDED COURSES: Units
ACCT 100 Introduction to Accounting I 2
  or
ACCT 200 Financial Accounting 4
BUSAD 100 Introduction to Business 3
BUSAD 110 Human Resource Management 3
BUSAD 210 Business Law 3
BUSAD 050 Business Math 3
CIT 010 Beginning Keyboarding and Word Processing 3
CIT 031 Business English 3
REALST 200 Real Estate Practice 3
REALST 205 Real Estate Appraisal: 3
 
Total Units 24

Real Estate Certificate

This certificate qualifies students for entry-level employment in title and escrow companies, mortgage companies, financial institutions, and related firms.  Students working for certificates must have a basic knowledge of arithmetic, reading and writing in order to learn and work in the occupations they select.

REQUIRED COURSES: Units
REALST 062 Real Estate Practice 3
REALST 068 Real Estate Appraisal: Residential 3
REALST 070 Real Estate Finance 3
REALST 074 Legal Aspects of Real Estate 3
REALST 100 Real Estate Principles 3
 
CHOOSE ONE OF THE COURSES FROM THE FOLLOWING LIST: Units
ACCT 200 Financial Accounting 4
BUSAD 103 Marketing Principles 3
BUSAD 106 Principles of Selling 3
BUSAD 100 Introduction to Business 3
BUSAD 210 Business Law 3
BUSAD 050 Business Math 3
REALST 063 Real Estate Loan Processing Fundamentals 3
REALST 076 Property Management 3
REALST 078 Real Estate Economics 3
  or
ECON 100 Introduction to Economics 3
REALST 080 Escrow Procedures 3
 
Total Units 18 - 19
PROGRAM LEVEL OUTCOMES:
  1. Be familiar with various Real Estate listing agreements, concepts, forms, terminology, procedures, contracts, National Association of Realtor’s  Code of Professional Responsibility 
  2. Be able to read, interpret and discuss various principles of real estate
  3. Be able to discuss and describe the methods of appraising real property and how to evaluate single-family residences, investment property and commercial property
  4. Be able to discuss the effect of taxes on real estate including residential, income property, and investments, and understand telephone techniques, direct mail, and building clientele management of investment properties, methods for qualifying loans
  5. Be prepared to set up a real estate business by understanding the process of licensing and starting your own company, know the selling process including various types of sales.  Be familiar with government agencies involved in real estate
  6. Be able to analyze and know regulation, procedures of finance and economic factors such as understanding types of lenders, methods of qualifying loans, mortgage markets, Urban development, real estate cycles, and trends
  7. Understand basic real estate mathematics
  8. Be able to understand the structure and scope of the escrow business and be able to outline the history of the real estate business
  9. Be prepared for Department of Real Estate (DRE) licensing examination

Real Estate/Escrow A.A. Degree Major

To graduate with a specialization in Real Estate or Escrow, students must complete the following required courses plus the general breadth requirements for the Associate Degree (total = 60 units).

REQUIRED COURSES: Units
ESCROW 001 Escrow Procedures I 3
REALST 100 Real Estate Principles 3
REALST 068 Real Estate Appraisal: Residential 3
REALST 070 Real Estate Finance 3
REALST 074 Legal Aspects of Real Estate 3
REALST 078 Real Estate Economics 3
  or
ECON 100 Introduction to Economics 3
Six units from the following areas of Concentration, as listed below: 6
 
REAL ESTATE CONCENTRATION Units
REALST 062 Real Estate Practice 3
REALST 076 Property Management 3
 
ESCROW CONCENTRATION Units
ESCROW 002 Escrow Procedures II 3
ESCROW 003 Escrow Procedures III 3
 
RECOMMENDED COURSES FOR BOTH, REAL ESTATE AND ESCROW CONCENTRATIONS: Units
ACCT 200 Financial Accounting 4
BUSAD 103 Marketing Principles 3
BUSAD 106 Principles of Selling 3
BUSAD 100 Introduction to Business 3
BUSAD 210 Business Law 3
BUSAD 050 Business Math 3
CIT 010 Beginning Keyboarding and Word Processing 3
REALST 063 Real Estate Loan Processing Fundamentals 3
REALST 064 Governmental and Non-Conforming Loan Processing 3
REALST 066 Computerized Real Estate Loan Processing 3
REALST 072 Advanced Real Estate Finance 3
 
Total Units 24

Career Opportunities

Faculty

Faculty Chair: Michael Assumma, MBA

Contact

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