Apr 18, 2024  
2023-2024 Catalog 
    
Catalog Navigation
  Catalog Home
  Welcome from the President
  Programs by Department
  Programs/Alphabetical Listing
  Courses/ Master Syllabi
  General Education Learning Goals
  Understanding Academic Programs
  Understanding Courses and Credit Hours
  Transfer Credit and Prior Learning
  Pennsylvania Transfer and Articulation
  Articulation Agreements
  College Mission, Vision and Goals
  Campuses and Centers
  Tuition & Fees
  Getting Started
  Academic Planning
  Learning Environment & Academic Support
  Academic Rules & Regulations
  Academic Calendars
  Glossary and Definitions
  Appendices
  College Leadership
  Administration & Academic Community
  My Portfolio
HELP
2023-2024 Catalog [ARCHIVED CATALOG]

Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)

RLE 102 - Real Estate Practice

Credits: 2
2 Lecture Hours

Co-requisites: RLE 101  

Description
In this course, students focus on real estate brokerage and related activities, learning the typical sequence of steps involved in a real estate transaction.  Students gain an overview of real estate listings and selling procedures, learn about real estate financing options in depth and examine the processes of appraising properties and closing transactions. Property management, fair housing and ethics are also explored.  This course, along with RLE-101 and RLE-103, covers the material prescribed by the Pennsylvania Real Estate Commission to prepare students to pass the Pennsylvania Real Estate Salesperson License Exam.
Learning Outcomes
Upon successful completion of the course, the student will:

  1. Identify various careers in real estate.
  2. Explain the economic, political and social factors and types of housing that influence supply and demand.
  3. Analyze types of mortgages.
  4. Identify disclosures required in real estate.
  5. Apply licensing and registration procedures.
  6. Explain the impact of federal and state fair housing laws and ethical reasoning on the conduct of the licensee.
  7. Describe brokerage and agency relationships.
  8. Summarize statutory and regulatory issues related to listing and buyer agency agreements.
  9. Examine sales contracts and lease agreements.
  10. Analyze closing procedures with regard to real estate contracts.

 Listed Topics

  1. Overview of real estate business
  2. Brokerage and agency contracts
  3. Ethical practices and fair housing
  4. Licensing and registration acts
  5. Listing agreements, buyer representation contracts and sales agreements
  6. Financing and closing the real estate transaction
  7. Appraising real estate
  8. Property management
Reference Materials
Current textbook. Modern Real Estate Practice in Pennsylvania
Supplementary materials such as Chapter Outlines, Chapter PowerPoints, online supplements.
Students who successfully complete this course acquire general knowledge, skills and abilities that align with CCAC’s definition of an educated person. Specifically, this course fulfills these General Education Goals:
  • Critical Thinking & Problem Solving
Approved By: Dr. Quintin B. Bullock Date Approved: 10/13/2023
Last Reviewed: 10/13/2023


Course and Section Search



Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)