The School of Real Estate at Prosperity University Online is dedicated to providing comprehensive education and training for individuals aspiring to enter the real estate industry. Our courses are designed to equip you with the knowledge, skills, and credentials needed to succeed as a real estate professional. Whether you are looking to become a licensed real estate agent to expand your knowledge of the real estate market, our program offer the expertise and support you need.
About the School of Real Estate
Key Features of the
School of Real Estate:
Convenient Learning:
Our online platform allows you to learn at your own pace, with access to course materials anytime, anywhere. Participate in live interactive sessions, watch recorded lectures, and engage in discussions with peers and instructors.
Comprehensive Curriculum
Covers all essential topics required for state real estate licensing exams.
Includes real estate principles, practices, law, finance, and ethics.
Expert Instructors
Courses are taught by seasoned real estate professionals with extensive industry experience.
Instructors provide practical insights and real-world examples.
Licensing
Courses tailored to meet the specific requirements and regulations of the state where the license is being sought.
Updates on changes in real estate laws and practices.
Exam Prep
Assistance
Offers targeted review sessions and study guides.
Access to a library of practice questions and mock exams to boost confidence and readiness.
Career Support
We offer comprehensive career support, including resume building, interview preparation, and job placement assistance. Our goal is to help you transition smoothly into the business world or advance in your current career.
Networking Opportunities
Join a community of like-minded individuals. Connect with peers, share insights, and collaborate on projects. Our network extends beyond the classroom, providing opportunities to build lasting professional relationships.
Course Overview
The Prosperity University School of Real Estate Licensing offers a comprehensive, 3-6-month course designed to prepare students for successful careers in real estate. The course begins with an introduction to the real estate industry and types of property ownership, progressing through legal descriptions, land use, real estate law, agency relationships, brokerage, and financing. Students will also learn about property appraisal, title and escrow processes, real estate investments, property management, and effective marketing and sales techniques. The curriculum emphasizes professional ethics and includes dedicated exam preparation and career development modules. Throughout the program, students have access to an extensive online library, support from experienced professionals, and opportunities for networking and mentorship with industry leaders. Join us to take the first step towards a rewarding real estate career.
What You'll Learn
Course Highlights
Comprehensive Curriculum
Covers essential topics such as real estate principles, law, financing, appraisal, and property management.
State-Specific Content
Tailored courses to meet specific state requirements and regulations.
Exam Preparation
Targeted review sessions, study guides, and practice exams to ensure readiness for licensing exams.
Experienced Instructors
Learn from seasoned real estate professionals with extensive industry experience.
Course Syllabus
Course Outline:
The Prosperity University School of Real Estate Licensing offers a 3-6 month course covering real estate fundamentals, property ownership, legal descriptions, land use, and contracts. Students learn about agency relationships, brokerage, financing, appraisal, title processes, investments, property management, marketing, sales, and ethics. The final month focuses on exam preparation and career development. The course includes expert instruction, interactive tools, and robust support services.
Month 1: Introduction to Real Estate and Property Ownership
Module 1: Introduction to the Real Estate Industry
Overview of the real estate market
Roles and responsibilities of real estate professionals
Activities: Research local real estate market trends; analyze roles of different professionals in a real estate transaction.
Module 2: Types of Property Ownership
Different types of property ownership (residential, commercial, industrial)
Freehold vs. leasehold estates
Activities: Identify examples of each property type in local area; compare advantages of freehold and leasehold estates.
Month 2: Legal Descriptions and Land Use
Module 3: Legal Descriptions
Understanding legal property descriptions
Methods of land description (metes and bounds, lot and block, government survey)
Activities: Practice creating legal property descriptions using different methods; analyze legal descriptions in local property records.
Module 4: Land Use Controls and Regulations
Zoning laws and ordinances
Environmental regulations and their impact on real estate
Activities: Research zoning ordinances in local municipalities; assess environmental impact reports for proposed developments.
Real Estate Licensing
Master Real Estate in 3-6 Months
Month 5: Real Estate Financing
Module 9: Financing Basics
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Types of financing options (mortgages, loans)
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Understanding interest rates and loan terms
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Activities: Calculate mortgage payments for different loan scenarios; analyze impact of interest rates on loan affordability.
Module 10: Government Programs and Regulations
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FHA, VA, and USDA loans
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Regulation of real estate financing (Truth in Lending Act, RESPA)
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Activities: Evaluate eligibility criteria for government-backed loans; review compliance with RESPA guidelines in a real estate transaction.
Month 6: Appraisal and Valuation
Module 11: Principles of Property Valuation
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Methods of appraising real estate (sales comparison, cost, income approach)
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Factors influencing property value
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Activities: Conduct a comparative market analysis for a local property; estimate property value using income capitalization approach.
Module 12: The Appraisal Process
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Steps in conducting an appraisal
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Appraisal reports and their components
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Activities: Role-play as an appraiser conducting a property inspection; draft an appraisal report based on collected data.
Month 3: Real Estate Law
Module 5: Real Estate Law Fundamentals
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Key legal concepts in real estate
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Property rights and interests
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Activities: Draft a summary of property rights for different types of ownership; analyze case studies involving property disputes.
Module 6: Real Estate Contract Law
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Elements of a valid contract
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Types of real estate contracts (listing agreements, purchase agreements)
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Activities: Draft a sample listing agreement; negotiate terms of a hypothetical purchase agreement.
Month 4: Agency and Brokerage
Module 7: Agency Relationships
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Types of agency relationships (buyer’s agent, seller’s agent, dual agency)
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Fiduciary duties and responsibilities
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Activities: Role-play scenarios depicting different agency relationships; analyze ethical dilemmas in agency representation.
Module 8: Real Estate Brokerage
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Licensing requirements for agents and brokers
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Role of the broker in real estate transactions
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Activities: Research licensing requirements in local jurisdiction; create a business plan for a hypothetical real estate brokerage.
Fall Course Duration: 5 months
(Instructor lead courses PA, NJ & DE only)
Fall Course Schedule:
Oct 8-Jan 30,2025
Tuesdays & Thursdays 6:30pm-9:30pm
All other states available online
Learn and Study 24/7
Why Choose Our School of Real Estate?
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Expert Instruction from Industry Professionals
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Interactive Learning Sessions
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Flexible Schedule
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Employment Opportunities
