PRE-LICENSING GENERAL COURSE INFORMATION / INSTRUCTIONS

Sponsor ID S0209

The Realty Institute, LLC

2086 South  E Street, Suite 100, San Bernardino CA 92408

Mailing:  Post Office Box 10309, San Bernardino  CA  92423

(909) 872-1933  fax:  99-872-1943

www.realtyinst.com

email: sales@realtyinst.com

COURSE DESCRIPTION / INFORMATION

REAL ESTATE PRINCIPLES

By Correspondence.  (45 Hours)  –  Pre-requisite for the real estate salesperson license to be issued. The material presented offers a firm foundation for the acquisition of a California real estate license and provides an excellent basis for advanced study. Topics include the nature of real estate and the foundation of our property laws, lad descriptions and measurements, how titles are held, acquisition and transfer, deeds, liens and encumbrances, agency, elements of a contract, landlord and tenant law, real estate mathematics and financing. In addition to the above material, you will be introduces to the terminology and forms commonly used in everyday real estate transactionTextbook: “California Real Estate Principles,” 6th Edition by Blair Black – 557 pages.

Cost: Printed Text: $75.00 plus Shipping   / Static Print/PDF $55.00

REAL ESTATE PRACTICE

By Correspondence.  (45 Hours) –  Essential information regarding the real estate industry including topics on agency responsibilities for both the salesperson and the broker, office management, how to list and prospect property, selling and marketing techniques, advertising, financing, escrow and closing procedures, general taxation and income tax, property management, appraisal and property valuation, mathematics involving the real estate transaction, business opportunity brokerage, public sales of real estate, real estate exchanging and a review of real estate contractsTextbook: “California Real Estate Practice,” 5th Edition by Blair Black – 623 pages

Cost: Printed Text: $75.00 plus Shipping  /  Static Print/PDF $55.00

REAL ESTATE APPRAISAL

By Correspondence.  (45 Hours)  –  Appraising acquaints one with the purpose and importance of appraisals; land values and their characteristics; the process of appraising; site analysis; considerations one must have; knowledge of construction methods and materials used in cost approaches; accrued depreciation analysis; income and expense analysis and capitalization theory; and techniques in the income approach method of appraisingTextbook: “California Real Estate Appraisal, 4th Edition by Blair Black – 492 pages

Cost: Printed Text: $75.00 plus Shipping / Static Print/PDF $55.00

REAL ESTATE ECONOMICS

By Correspondence.  (45 Hours) –  Introduction to economical analysis and policy within the real estate profession. Market economy; government and the economy; money and banking; regional and community analysis and community growth patterns; clusters of land use and value; analyzing the housing market and recreational real estate market. Special areas such as taxation. land use controls and investment principles will also be covered in this course.  Textbook: “Real Estate Economics,” by Walt Huber, Levin P. Messic and William Pivar, JD.  – Copyright 2016 –  6th Edition – 486 pages

Cost: Printed Text: $90.00 plus Shipping   /   This course is not available for download.

REAL ESTATE FINANCE

By Correspondence.  (45 Hours) –  This course is designed to help the new licensee, the experienced real estate agent, the investor, as well as the lender gain a better understanding of the complex world of real estate finance. Topics include the mortgage money market, lending institution, private money conventional loans, government loan programs, the processing and closing of loans, valuations, and mathematics in the financing process.  Textbook: “California Real Estate Finance,” 4th Edition by Blair Black – 508 pages

Cost: Printed Text: $75.00 plus Shipping /   Static Print/PDF $55.00

LEGAL ASPECTS OF REAL ESTATE

By Correspondence.  (45 Hours)  –  Legal Aspects places specific emphasis upon the laws which govern real estate in the State of California. This course goes into the origin and history of land title in California as well as its source of real estate law. Topics include acquisition and transfer of property, estates or interest in real property, homesteading, mortgage, trust deeds, taxes, assessments, covenants-conditions-and restrictions, the law of agency, escrow and title insurance, additional material covers condominiums and mobile home salesTextbook: “California Real Estate Law,by Walt Huber and Kim Tyler, JD. – Copyright 2019 – 9th Edition – 608 pages

Cost: Printed Text: $90.00 plus Shipping   /   This course is not available for download.

REAL ESTATE OFFICE ADMINISTRATION

By Correspondence.  (45 Hours)  –  Functions and fundamental of management in the real estate brokerage. Major topics include the modern real estate business organization, management growth, branching, merging and franchising, surviving with profit, managerial failures and successes, managerial styles and functions, strategic planning, competition, and advertising. The effective utilization of human resources in the organization, selection, training, retraining and rewarding salespersons as well as professionalism, ethics and regulations.  Textbook: “California Real Estate Office Administration, 3rd Edition by Blair Black – 674 pages

Cost: Printed Text: $75.00 plus Shipping / Static Print/PDF $55.00

PROPERTY MANAGEMENT

By Correspondence.  (45 Hours)  –  This course introduces property management as a specialized activity within the real estate industry. Emphasis is focused upon the relationship between the management of property and the real estate itself. It also outlines techniques of management and entrepreneurial attitudes that are essential to success in the property management business.  Textbook: “California Real Estate Property Management, 4th Edition by Blair Black – 453 pages

Cost: Printed Text: $75.00 plus Shipping / Static Print/PDF $55.00

COURSE INSTRUCTIONS:

  1. READ THE TEXT: The textbook is part of your correspondence course. There is no refund on this textbook.
  1. CHAPTER QUIZZES: The Realty Institute has provided quizzes at the end of each chapter to assist you in better understanding the reading material. Quizzes can be completed online or by completing the attached “Answer Sheet(s).” Answer the questions in the quizzes to help you prepare for the final examination.
  • Please mark your answers on the attached “Study Quiz Answer Sheet,” or register for online testing.
  • Answers to the quizzes are included in your textbook for remediation. Please consult your Table of Contents for the exact page number where your answers can be found.
  1. FINAL EXAM: The open-book final examination will be offered both online and in a live supervised setting, depending on your preference. When you are ready to take the final exam, please submit the “Study Quiz Answer Sheet” along with your “Request for Final Examination.”   Your final examination will be sent to your test administrator or activated for online testing depending on your preference.

TIME LIMITS:

  • Minimum time – 2 1/2 weeks after the date of registration. NO more than 2 courses in a 5 week period may be completed simultaneously.  Minimum time limits may not overlap.
1 Course 2 ½ Weeks minimum time
2 Courses 5 Weeks minimum time
3 Courses 7 ½ Weeks minimum time
4 Courses 10 Weeks minimum time
5 Courses 12 ½ Weeks minimum time
6 Courses 15 Weeks minimum time
7 Courses 17 ½ Weeks minimum time
8 Courses 20 Weeks minimum time
  • Maximum time – You have a maximum time of one-year after the date of registration to complete this course. If the course is not completed within that time, your enrollment will expire.

FINAL EXAMINATION: The final examination for this course can be taken after you have read the textbook and providing there have been 2-1/2 weeks from date of registration. Your final examination will not be available until the appropriate time has been met.

  • The Final examination consists of 100 multiple-choice questions. You will be allowed 1 hour 40 minutes to complete the final examination.
  • A score of 60% or better is required for satisfactory completion of a course.

ORDERING THE FINAL EXAMINATION: The open-book final examination will be offered both online and in a live supervised setting, depending on your preference.

PROCTORED EXAM:

  • When you are ready to take your open-book final examination, please return the “Request for Final Examination” form along with your “Study Quiz Answer Sheets”. Upon receipt, your final examination will be sent to your test administrator.
  • Final designation and approval of the test administrator and determination of the date and time will be at the discretion of The Realty Institute, LLC.
  • The administrator cannot be related by blood, marriage, domestic partnership or any other relationship to the person taking the examination which would influence them from properly administering the examination. Under no circumstances may the final exams be furnished to the student.
  • A participant shall present the test administrator with a current drivers license, or a valid identification card issued by a governmental agency or a recognized real estate trade organization within the preceding five years which bears a photograph, signature and identification number of the participant immediately before taking the final exam. (Section 3007.05)

ONLINE EXAM:

  • Login at www.realtyinst.com and select “Online Testing.”
  • Upon enrollment, you may create a personalized password and username that will allow you to login to the examination.
  • No one other than the registered student can gain access to the account.
  • A participant shall provide their identification number as it appears on their current drivers license, or a valid identification card issued by a governmental agency or a recognized real estate trade organization within the preceding five years which bears a photograph, signature and identification number of the participant immediately before taking the final exam. (Section 3007.05)
  • You will receive a letter of confirmation confirming your individual username and password to your e-mail address, allowing you to login to your personal account. Your password and username must be entered to access the final exam.
  • To begin the test, you must certify under penalty of perjury that you are the registered student to whom the account is assigned to and that you have personally completed each reading assignment, quiz and that the final examination will be completed without any assistance.
    • Failure to comply with this agreement will render any examination null and void, and such violation will be reported to the California Department of Real Estate.
  • The final examination displays only one question at a time and cannot be recorded by means of printing or downloading.
  • You will be allotted 1 hour 40 minutes to complete the exam, which will consist of 100 multiple-choice questions.
  • The time remaining for the student to complete the exam will be displayed above each question.
  • When the time limit allowed for the completion of the final exam expires, the screen will automatically time out.
  • If you log out before completing the exam, any unanswered questions will be counted as incorrect. At the time you log out, if you have scored a 60% or better you will be granted credit for the exam.

CERTIFICATE OF COMPLETION: Upon successful completion of the final examination via the Internet, you will be immediately notified as to your pass or fail status. A Certificate of Completion will be sent to you within 15 days of successful completion of the final examination.

EMAILED / FAXED TRANSCRIPT: If you wish one day-service for the grading and handling of your final, including email or fax service, there is a $15.00 extra charge.

RE-EXAMINATION: If you receive a failing grade after completing the final examination, you may take an alternate examination. You will need to contact The Realty Institute to arrange taking the alternate exam.

  • The alternate examination must be completed within 30 days of the primary examination. Failing the second examination will require a re-enrollment fee for the failed course, and the student must complete the course, quizzes and pass the final examination to receive credit.

DRE DISCLAIMER STATEMENT:

This course is approved for pre-license education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructors, authors, or lecturers

  

ONLINE EVALUATION STATEMENT:

A course and instructor evaluation is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 318A” in the search box located in the upper right corner of the home page.

COURSE PROVIDER COMPLAINT STATEMENT:

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 340” in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, “RE 340A” is also available

REFUND POLICY

EDUCATION CODE §94312 – The student shall have the right to cancel the agreement and any other goods and services included in the agreement until midnight of the eighth business day after the first lesson was mailed.

The written Notice of Cancellation, if given by mail, is effective when deposited in the mail properly addressed with postage prepaid. There is no particular form for the cancellation and it will be effective if it indicates the student’s desire not be bound by the agreement.

If the student cancels the agreement, the student shall have no liability and the institution shall refund any consideration paid by the student within 10 days after the institution receives Notice of Cancellation. All material issued to the student must be returned in satisfactory condition to the school within 10 days following the date of the Notice of Cancellation.

Refunds will be paid within 30 days of cancellation or withdrawal.

If the student fails to return the materials within this 10 day period, the institution may retain that portion of the consideration paid by the student and the student may retain the material without further liability.

There will be no refund of shipping charges. Refunds will be paid to the company, corporation or person actually making payment for this course. All refunds will be paid by check.  It is important that enrollees keep a copy of any enrollment agreement, contract, or application to document enrollment; tuition receipts or cancelled checks to document the total amount of tuition paid.