Real Estate Economics

REAL ESTATE ECONOMICS

OBJECTIVE:

Pre-licensing course toward real estate agent or real estate broker license requirement                              

Registration and Course Length

• The Real Estate Economics consists of spending a minimum of a 45-hours reading and studying the course textbook (INSTRUCTIONAL MODE), taking the non-graded chapter quizzes and passing a final examination.
• The final examination can be taken a minimum of 18 days from the date the students have accessed to the course materials.
• No two courses can be competed in less than five weeks.
• It is very important that the name used when submitting materials to the school is spelled exactly the same as the name under which you will be applying for your real estate license examination.
• The student has a minimum of 2 ½ weeks studying the course. The maximum time a student has to complete the course is 12 months from the date of registration. If the final exam is not completed within this time, the course is expired and no credit will begin toward any part. If the student does not complete the course within the one year period, the student needs to re-enroll as a new student and pay the full tuition fee.

Final Exam

• After you have completed the course, you are ready to take your final examination. You have a choice of taking the final exam in our classroom setting, or via internet.
• The final exam is a 3-hour open-book exam consisting of 100 multiple choice questions.
• You must score 70% or better on the final exam in order to successfully complete course requirements and earn a certificate of completion. If you do not score at least 70%, you can take an alternate final examination one time. However, you must wait a minimum of another 18 days studying the course materials before you can retake the final examination. If you fail the final examination two times, you will need to re-enroll in the course and pay the enrollment fee.
• Students may contact Trinh College to request a convenient date and time for the final exam to be taken at Trinh College.
• Students taking the final exam on-line will be issued a unique username and password. Under no circumstances shall the final exam be furnished directly to the students.

Course Completion

Upon successful completion of the course and final examination, Trinh College will deliver to you within 72 hours of receiving your final exam completion, your “Certificate of Completion”.

State Licensing Exam Instructions

Make a copy of your certificate of completion and send it with your completed State Exam Application and fees to the address on the application.

DRE EXAMINATION AND LICENSE INFORMATION: Students may go to the DRE web site at www.dre.ca.gov to learn the most recent examination and license information. The web site has menu on the left side of the home page. Examination information can be found by clicking on “Examinees”. License information can be found by clicking on “Licensees “.If you take the time to click and read all of the topics in these two sections, most of your examination and licensing questions should be answered.

Text Books

Real Estate Economics by authors Walt Huber, Levin P. Messick and William Pivar, 4^th Edition or newer edition.

Disclosure Statements

Private providers of pre-license statutory real estate courses must obtain course approval from the Department of Real Estate (DRE). As part of the approval process, the DRE reviews the course materials only. The DRE does not qualify the school or course provider. In addition, there is no regulatory oversight of private pre-license course providers who offer courses or programs costing $500 or less. For courses or programs over $500, qualification by the Bureau for Private Postsecondary and Vocational Education is required, in addition to DRE course approval. As a result, if a course provider offering a course costing $500 or less fails to deliver the educational course/program as represented, a student’s monetary remedy is to seek redress in Small Claims Court. Students are cautioned to fully understand the education course/program offered by the provider before enrolling or registering. A list of pre-license statutory courses approved by the DRE can be found on the DRE Web site at www.dre.ca.gov under DRE Records.

INSTRUCTIONAL MODE:

Correspondent, self-studied

Evaluation

The DRE has a course and instructor evaluation available on their web-site at secure.dre.ca.gov/pdf/re318A.pdf

SEQUENCE OF COURSES:

This is a correspondent, self-studied course. Student will read the book in the order of the chapters

FREQUENCY OF CLASS:

Student can enroll anytime.