Real Estate Pre-Licensing Enrollment

Get an introduction to residential real estate finance with this course.

We’ll cover the different types of loans available to home buyers and the advantages and disadvantages for each, as well as the underwriting process for FHA, VA, FNMA, and FHLMC loans. You’ll explore steps like the loan application, home appraisal, escrow, and titles.

We’ll also discuss the qualifying process for the amount of the loan and how income and assets are verified.

Finally, you’ll learn some of the practical calculations used in real estate finance – calculating loan amounts, estimating monthly payments, and more.

In this mandatory Real Estate Practice pre-license course, you’ll gain a detailed understanding of the California real estate laws governing real estate businesses and agencies.

We’ll start with an introduction to agencies, agency relationships and how agency is created, as well as an in-depth look at the different types of agency relationships, the laws governing them, and how an agency can be terminated.

Next, you’ll learn about listing agreements and property disclosures required to follow Californian real estate laws. You’ll also discover the different types of disclosures that are mandatory for brokers and real estate agencies.

We’ll discuss ethical sales techniques and practices, along with methods of negotiating a price and writing up a counter-offer. You’ll study the pricing of property and the process of preparing and negotiating offers. You’ll also learn the importance of planning for contingent transactions and the different types of contingencies along with a plan of action for when a contingency transaction goes wrong.

We’ll cover important lessons on the processes for closing a successful transaction.

By the end of the course, you’ll understand the loan qualifying process well enough to advise and assist prospective clients, including how to get the right loans or revise their financial status to qualify. We’ll discuss your responsibilities as an agent to explain the underwriting process to the buyer, including how they can choose a loan that works best for their needs. We’ll cover the various characteristics of a conventional loan, including FHA and VA loans, as well as self-assisted financing options.

We end with a lesson on property management. You’ll learn how to identify properties that would require professional management and how a skilled property manager can help the owner manage their property without costing them a fortune.

This comprehensive real estate pre-license course begins with an overview of the California real estate market and the characteristics of land, real estate, real property, and personal property, as well as property ownership, estates in land, and ownership transfer. We explore agency relationships, fiduciary duties, listing agreements, real estate contracts, and leasing. Escrow, deed, title, and real estate financing are also discussed.

This course then examines real estate appraisals, real estate markets, value principles, land use controls, environmental issues, and property taxation. A module covering California’s real estate license law is also included. The closing module demonstrates how to perform common real estate calculations.