Certificate of Achievement
Career/Technical (Major Code: 02131)
To qualify for the broker license examination, the student must complete eight courses in addition to other experience and educational requirements. Five of the eight courses must include: RE 102, RE 104, RE 106, RE 108, or ACCT 101 and RE 110.
Program Student Learning Outcome Statement
Upon completion of the eight main courses for the Broker’s License Certificate, students will be able to:
- Explain how agency relationships affect a real estate licensee’s disclosure requirements.
- Describe the relationship between a broker and his salesperson and explain how it is affected by California’s real estate licensing laws.
- Demonstrate an ability to handle offers, including negotiating and making counteroffers.
- Describe the events that take place after a purchase and sales agreement is signed.
- Explain how underwriters use income to underwrite a loan.
- Differentiate between FHA, VA, and conventional loans.
- Describe the attributes of joint tenancy, including the right of survivorship.
- Explain how state and federal antidiscrimination laws impact real estate activities.
- Analyze the principles of supply and demand in relation to the real estate market and housing prices.
- Identify the differences between the political, social, and economic neighborhoods and how they affect property values.
- Compare and contrast the three different approaches to real estate appraisal and be able to explain which approach is best utilized for a particular property.
- Identify the steps in the appraisal process and the classical approaches to value.
- Differentiate between the various special management situations and disclosure forms in order to comply with state regulations.
- Identify the liability and risk management issues that are inherent in property management.
- Examine the operation and services provided by escrow and title insurance companies and explain these services to a buyer or seller.
- Calculate the proration rates for interest, fire insurance, and property taxes for both the buyers and sellers.
The U.S. Department of Education requires colleges to disclose a variety of information for any financial aid eligible program that “prepares students for gainful employment in a recognized occupation.”
Students who complete this program will have acquired the necessary analytical tools to successfully secure gainful employment in the field of study.
For more information regarding the data provided for this program and what it means to you as a student, please feel free to visit our SWC Gainful Employment website at: www.swccd.edu/gainfulemployment.
|RE 101||REAL ESTATE PRINCIPLES||3|
|RE 104||REAL ESTATE FINANCE||3|
|RE 106||LEGAL ASPECTS OF REAL ESTATE||3|
|RE 108||REAL ESTATE ECONOMICS||3-4|
|or ACCT 101||PRINCIPLES OF ACCOUNTING I|
|RE 110||REAL ESTATE APPRAISAL||3|
|Select 9 units of the following:||9|
|BUSINESS LAW/THE LEGAL ENVIRONMENT OF BUSINESS|
|REAL ESTATE PRINCIPLES|