Training requirements for applicants to California Real Estate Salesperson License Examination.
This 500-hour Real Estate Agent and Loan Processing course is directed toward professional loan officers, mortgage loan brokers and aspirants to the field. This course offers a review of the loan application process, the significance and analysis of a loan applicant’s credit report, and the consequence and important of understanding legal obligations implied in the preparation and submittal of a good estimate. The object of this course is to reinforce existing skills of the practicing loan officer as well as augment skills required to quality and process a loan.
A real estate salesperson is an individual who negotiates the sale, purchase, exchange or rental of another’s interests in real estate, business opportunities and options. Real Estate Investing perhaps is the safest way to make a fortune. With little or no money down, a real estate salesperson can obtain properties and make a profit by renting them or selling them. Some of the richest people in the world made their fortune in real estate.
Real estate salespeople may perform the following tasks:
- advise on intrinsic worth of properties and terms of sale
- estimate the current market price and suggest a reserve or minimum selling price
- discuss the method of sale, presentation of the property, costs and inspection times with sellers
- assess buyers’ needs and locate properties for their consideration
- list details of land or buildings for sale and arrange for the advertising of properties
- take prospective buyers to inspect properties
- draw up legal agreements between sellers and buyers
- arrange finance and insurance
Our goal is to provide aspiring professionals, as well as anyone wanting to start a new rewarding career, with the opportunity to succeed and grow in the mortgage industry. We have combined our school integrity, experienced professionals, a successful track record, and corporate support from our business partners to achieve our goal. We invite anyone to take advantage of the training program to enhance their life to the fullest. We teach loan officers to succeed by finding and speaking to more people that are interested in or would benefit by borrowing money, turning those prospects into committed loan applications, competing against the internet and all of the “bad loan officers” that a borrower will quickly find if they decide to “shop around”, to avoid selling rate and sell a mortgage as a service not a product, to understand the tax and leverage advantages of home ownership and debt consolidation, monthly cash flow, equity acceleration, leverage, investing monthly savings for a future value, to package a file that processors only dream of and much, much more.
Instructional Mode: Lecture-discussion and hands-on practice.
Equipment / Supply List:
PC, Point Software, Notebook, Pens and pencils, internet access
California Real Estate Principles (latest edition) by Walt Huber
Publisher: Ashley Crown Systems, Inc. Newest Edition.
Real Estate Finance (latest edition) by Walt Huber and Levin Messick
Publisher: Dearborn Real Estate Education. Newest Edition.
Course Length: 500 hours. You can attend as little as 10 hours per week or as much as 45 hours per week.
SEQUENCE OF COURSES: Each class is an independent module.
FREQUENCY OF CLASS: We offer the program on
open-enrollment basis, so you may start any day you wish and you can complete
your training on a flexible schedule.
CAREERS: Upon graduation, you may choose to be a Loan Processor, Real Estate Agent, Real Estate Professional, or Real Estate Sales Person.
|Course Name||Clock Hours|
|Real Estate Finance||45|
|Real estate financing from the viewpoint of borrower and lender, financing mathematics, legal aspects of lending, appropriate financial instruments, taxes and real estate, loan cost analysis, loan valuation, development and insurability. Mortgage markets/institutions considered together with alternative financing techniques for various types of properties. Actual case illustrations will demonstrate lending policies, and problems and rules involved in financing real property, including residential, multi-family, commercial, and special purpose properties.|
|Real Estate Practice||45|
|The course furnishes students basic information pertinent to the various aspects as real estate practice – the prerequisites for becoming a broker, the rights, duties, and responsibilities of the broker, the attributes for success in the real estate field, and many available opportunities for the broker in real estate practice. Also included is an introduction to other phases of real estate in which the broker is called upon to function or is otherwise concerned, such as the availability of loan funds, the appraisal process, income tax considerations, escrow and title insurance aspects, and the impact of governmental controls.|
|Real Estate Principles||45|
|This is a survey course which includes some fundamental technical skills such as an introduction to cash flow analysis, financing, geographic information systems and valuation concepts. This course analysis the principles of real estate in California, history of California real estate, property, contracts, agencies, listings, real estate financing. It focuses on the housing market, buying versus renting, government policies affecting housing, the office market, and touches upon retail and industrial market trends.|
|Real Estate Practice & Loan Processing Hands-on||365|
|This course is directed toward professional real estate and mortgage students aspirants to the field. This course offers a review of the loan application process, the significance and analysis of a loan applicant’s credit report, and the consequence and important of understanding legal obligations implied in the preparation and submittal of a good estimate. Real-life cases in real estate and loan processing will be discussed in depth. The object of this course is to rein force existing skills of the practicing loan officer and / or real estate agent as well as augment skills required to quality and process a loan or sell / buy real estate.|