Catalog 2019-20

Real Estate

Associate Degree

A.A. in Real Estate

CRC offers, in addition to a Real Estate AA Degree, a variety of courses available which satisfy State of California prerequisites for Real Estate Salesperson and Real Estate Broker examinations.

Highlights include:

  • Instruction by trained, working real estate professionals
  • Preparation for State of California real estate license examinations
  • Training in one of the most lucrative careers in today's world
  • A lab with tutorial assistance

APPLICANTS FOR THE REAL ESTATE SALESPERSON EXAM:
To qualify to take an examination for a Real Estate Salesperson License, an applicant must submit evidence (transcripts) of having completed a college-level course in Real Estate Principles.

In addition to Real Estate Principles the applicant must also (either when qualifying for the examination, when applying for the original license or within eighteen months after license issuance) submit evidence of having completed TWO additional basic real estate courses from the following CRC course offerings. (It is recommended that Real Estate Practice be one of the courses selected.)

  • Accounting 301 (1A)
  • Business Law 340 (18A)
  • Introduction to Escrow Procedures
  • Legal Aspects of Real Estate
  • Real Property Management
  • Real Estate Appraisal
  • Real Estate Economics
  • Real Estate Finance
  • Real Estate Practice

APPLICANTS FOR THE REAL ESTATE BROKER EXAMINATION
An applicant for the Broker examination must have completed eight college-level courses, in addition to the experience/educational requirements. These eight courses should include the following CRC course offerings:

  • Real Estate Principles
  • Real Estate Practice
  • Legal Aspects of Real Estate
  • Real Estate Finance
  • Real Estate Appraisal
  • Real Estate Economics or Accounting 301 (1A)
  • and two courses from the following group: *
  • Business Law 340 (18A)
  • Real Property Management
  • Introduction to Escrow Procedures
  • Advanced Appraisal

* If applicant completes both Accounting and Real Estate Economics, only one additional course is required.

Note to Transfer Students:
If you are interested in transferring to a four-year college or university to pursue a bachelor’s degree in this major, it is critical that you meet with a CRC counselor to select and plan the courses for your major. Schools vary widely in terms of the required preparation. The courses that CRC requires for an Associate’s degree in this major may be different from the requirements needed for the Bachelor’s degree.

Degree Requirements

Course Code Course Title Units
BUSINESS CORE:
ACCT 301 Financial Accounting 4
BUS 310 Business Communications 3
BUS 330 Managing Diversity in the Workplace 3
BUS 340 Business Law 3
BUS 300 Introduction to Business 3
BUSTEC 302 Computer-Keyboarding 2
MKT 300 Principles of Marketing 3
ECON 302 Principles of Macroeconomics  (3) 3
  or BUS 320 Concepts in Personal Finance  (3)
  or ECON 320 Concepts in Personal Finance  (3)
  or ECON 100 Introduction to Economics  (3)
Computer science courses wthin Business Core: [ CISC 310] or [CISC 302/JOUR 333 + 2 units from the listed CISC/CISA courses]:
CISC 310 Introduction to Computer Information Science  (3) 2 - 4
  or [[ CISC 302 Computer Familiarization  (2)
  or  JOUR 330 ] Computer Familiarization  (2)
  and [[[[[[[ CISA 340 Presentation Graphics  (2)
   ()
   ()
   ()
   ()
  or  CISA 320 ] Introduction to Database Management  (1)
  or  CISA 315 ] Introduction to Electronic Spreadsheets  (2)
  or  CISA 305 ]] Beginning Word Processing  (2)
REAL ESTATE FOCUS:
RE 300 California Real Estate Principles 3
RE 110 Legal Aspects of Real Estate 3
RE 120 Real Estate Practice 3
RE 130 Real Estate Finance 3
RE 140 Real Estate Appraisal 3
RE 190 Real Property Management 3
Total Units: 44 - 46

Career Information

Real Estate Agent; Real Estate Broker; Real Estate Appraiser Some career options may require more than two years of college study.

Certificates of Achievement

Real Estate Broker Certificate

CRC offers courses which satisfy State of California prerequisites for Real Estate Broker examinations.

Highlights include:

  • nstruction by trained, working real estate professionals
  • Preparation for State of California real estate license examinations
  • Training in one of the most lucrative careers in today's world
  • A lab with tutorial assistance

APPLICANTS FOR THE REAL ESTATE BROKER EXAMINATION
An applicant for the Broker examination must have completed eight college-level courses, in addition to the experience/educational requirements. These eight courses should include the following CRC course offerings:

  • Real Estate Principles
  • Real Estate Practice
  • Legal Aspects of Real Estate
  • Real Estate Finance
  • Real Estate Appraisal
  • Real Estate Economics or Accounting 301 (1A)
  • and two courses from the following group: *
  • Business Law 340 (18A)
  • Real Property Management
  • Introduction to Escrow Procedures
  • Advanced Appraisal

*If applicant completes both Accounting and Real Estate Economics, only one additional course is required.

Certificate Requirements

Course Code Course Title Units
RE 300 California Real Estate Principles 3
RE 110 Legal Aspects of Real Estate 3
RE 120 Real Estate Practice 3
RE 130 Real Estate Finance 3
RE 140 Real Estate Appraisal 3
RE 150 Real Estate Economics  (3) 3 - 4
  or ACCT 301 Financial Accounting  (4)
RE 190 Real Property Management 3
A minimum of 3 units from the following: 3
RE 141 Advanced Appraisal  (3)
RE 160 Introduction to Escrow Procedures  (3)
RE 161 Advanced Escrow Procedures  (3)
BUS 340 Business Law  (3)
Total Units: 24 - 25

Real Estate Sales Certificate

CRC offers, in addition to a Real Estate AA Degree, a variety of courses available which satisfy State of California prerequisites for Real Estate Salesperson and Real Estate Broker examinations.

Highlights include:

  • Instruction by trained, working real estate professionals
  • Preparation for State of California real estate license examinations
  • Training in one of the most lucrative careers in today's world
  • A lab with tutorial assistance

APPLICANTS FOR THE REAL ESTATE SALESPERSON EXAM
To qualify to take an examination for a Real Estate Salesperson License, an applicant must submit evidence (transcripts) of having completed a college-level course in Real Estate Principles.

In addition to Real Estate Principles the applicant must also (either when qualifying for the examination, when applying for the original license or within eighteen months after license issuance) submit evidence of having completed TWO additional basic real estate courses from the following CRC course offerings. (It is recommended that Real Estate Practice be one of the courses selected.)

  • Accounting 301 (1A)
  • Business Law 340 (18A)
  • Introduction to Escrow Procedures
  • Legal Aspects of Real Estate
  • Real Property Management
  • Real Estate Appraisal
  • Real Estate Economics
  • Real Estate Finance
  • Real Estate Practice

Certificate Requirements

Course Code Course Title Units
RE 300 California Real Estate Principles 3
RE 120 Real Estate Practice 3
A minimum of 3 units from the following: 3
RE 110 Legal Aspects of Real Estate  (3)
RE 130 Real Estate Finance  (3)
RE 140 Real Estate Appraisal  (3)
RE 190 Real Property Management  (3)
Total Units: 9

Real Estate (RE) Courses

RE 110 Legal Aspects of Real Estate

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course is a study of California real estate laws. Topics include: the sources of law and the judicial system; agency; duties and responsibilities of licensees; contracts and their application to real estate; property ownership and management; real estate security devices; property rights, liens and homesteads; landlord-tenant law, land use controls, and title insurance and escrow. Completion of the course applies toward the California Department of Real Estate education requirements for the broker's examination.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE THE ABILITY TO THINK CRITICALLY AND ANALYZE PROBLEMS.

RE 120 Real Estate Practice

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course covers practices and techniques of residential real estate brokerage and sales, including ethics, fair housing agency, goal setting, prospecting, listing, advertising, escrow procedures, financing, taxation, marketing, property management, leasing and business opportunities. Course applies toward California Department of Real Estate education requirements for the broker's examination.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE SKILL AND COMPREHENSION IN RESPECTIVE SUBJECT AREAS AS INDICATED BY COURSE OUTCOMES.

RE 130 Real Estate Finance

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course is an analysis of real estate financing, including lending policies and problems in financing transactions in residential, apartment, commercial, and special purpose properties. Methods of financing properties are emphasized. The course applies toward the educational requirements for the Broker's Examination.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE SKILL AND COMPREHENSION IN RESPECTIVE SUBJECT AREAS AS INDICATED BY COURSE OUTCOMES PERTAINING TO REAL ESTATE FINANCE.

RE 140 Real Estate Appraisal

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course covers the purposes of appraisals; the appraisal process; and the different approaches, methods and techniques used to determine the value of various types of property. The course emphasizes residential single family properties and applies toward the educational requirement for the Real Estate Broker's License, and Licensed and General Appraiser's License.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE SKILL AND COMPREHENSION IN RESPECTIVE SUBJECT AREAS AS INDICATED BY COURSE OUTCOMES PERTAINING TO REAL ESTATE APPRAISAL.

RE 141 Advanced Appraisal

Units: 3

Hours: 54 hours LEC

Prerequisite: RE 140 with a grade of "C" or better

This course discusses advanced appraisal concepts with an emphasis on market and income analysis, capitalization techniques, rate derivation, compound interest tables, cost and sales comparison approaches; and the appraisal of specific income properties such as apartments, office buildings, shopping centers and industrial properties.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE SKILL AND COMPREHENSION IN RESPECTIVE SUBJECT AREAS AS INDICATED BY COURSE OUTCOMES PERTAINING TO THE ADVANCED APPRAISAL PROCESS.

RE 150 Real Estate Economics

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course covers nature and classification of real estate and real estate investments, economic development of real property, real estate cycles and market trends. Governmental and private sector influence on the economics of real estate is covered. It is recommended that this course be taken last in the real estate course series.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE SKILL AND COMPREHENSION IN RESPECTIVE SUBJECT AREAS AS INDICATED BY COURSE OUTCOMES PERTAINING TO REAL ESTATE ECONOMICS.

RE 160 Introduction to Escrow Procedures

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course covers the functions and responsibilities of the escrow holder, including actual preparation of escrow instructions and documents in a typical real estate transaction. Audit, disbursement, the issuance of closing statements and analysis of title insurance policies are covered.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE THE ABILITY TO THINK CRITICALLY AND ANALYZE PROBLEMS.

RE 161 Advanced Escrow Procedures

Units: 3

Hours: 54 hours LEC

Prerequisite: RE 160 with a grade of "C" or better

This course covers unusual and difficult types of escrow, including the evaluation of possible solutions with emphasis on real estate loans, financing instruments and exchanges.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE THE ABILITY TO THINK CRITICALLY AND ANALYZE PROBLEMS.

RE 190 Real Property Management

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

This course covers the day-to-day operation and management of real property including: marketing procedures, leases, maintenance, accounting and economics, recordkeeping, management forms, legal requirement, laws, human relations, employer responsibilities and management.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE THE ABILITY TO THINK CRITICALLY AND ANALYZE PROBLEMS.

RE 295 Independent Studies in Real Estate

Units: 1 - 3

Hours: 54 - 162 hours LAB

Prerequisite: None.

An independent studies project involves an individual student or small group of students in study, research, or activities beyond the scope of regularly offered courses. See the current catalog section of "Special Studies" for full details of Independent Studies.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO #1: Actively engage in intellectual inquiry beyond that required in order to pass a course of study (College Wide Learning Outcome – Area 4).

RE 300 California Real Estate Principles

Units: 3

Hours: 54 hours LEC

Prerequisite: None.

Transferable: CSU

This fundamental real estate course covers the basic laws and principles of California real estate, giving understanding, background, and terminology necessary for advanced study in specialized courses. This course is required by the California Department of Real Estate prior to taking the real estate salesperson's examination.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO 1: DEMONSTRATE THE ABILITY TO UNDERSTAND IMPORTANT REAL ESTATE PRINCIPLES, CONCEPTS, AND TERMINOLOGY AND HOW THEY IMPACT THE BUSINESS OF REAL ESTATE.

RE 495 Independent Studies in Real Estate

Units: 1 - 3

Hours: 54 - 162 hours LAB

Prerequisite: None.

Transferable: CSU

An independent studies project involves an individual student or small group of students in study, research, or activities beyond the scope of regularly offered courses. See the current catalog section of "Special Studies" for full details of Independent Studies.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

SLO #1: Actively engage in intellectual inquiry beyond that required in order to pass a course of study (College Wide Learning Outcome – Area 4).

RE 498 Work Experience in Real Estate

Units: 1 - 4

Hours: 60 - 300 hours LAB

Prerequisite: None.

Enrollment Limitation:

Students must be in a paid or unpaid internship, volunteer position or job related to career goals in Real Estate.

Transferable: CSU

This course provides students with opportunities to develop marketable skills in preparation for employment in their major field of study or advancement within their career. It is designed for students interested in work experience and/or internships in transfer level degree occupational programs. Course content includes understanding the application of education to the workforce; completion of required forms which document the student's progress and hours spent at the work site; and developing workplace skills and competencies. Appropriate level learning objectives are established by the student and the employer. During the semester, the student is required to participate in a weekly orientation and 75 hours of related paid work experience, or 60 hours of unpaid work experience for one unit. An additional 75 or 60 hours of related work experience is required for each additional unit. Work Experience may be taken for a total of 16 units when there are new or expanded learning objectives. Only one Work Experience course may be taken per semester.

Student Learning Outcomes

Upon completion of this course, the student will be able to:

DEMONSTRATE AN UNDERSTANDING AND APPLICATION OF PROFESSIONAL WORKPLACE BEHAVIOR IN A FIELD OF STUDY RELATED TO ONE’S CAREER.(SLO 1)

Full-time Faculty

Patrick Butler
Office: BS 136
Phone: (916) 691-7010
E-mail: ButlerP@crc.losrios.edu

Adjunct Faculty

Bernard Mnichowicz

CRC offers, in addition to a Real Estate AA Degree, a variety of courses available which satisfy State of California prerequisites for Real Estate Salesperson and Real Estate Broker examinations.