Real Estate
The Real Estate Program provides not only training for students planning to enter the real estate profession but also opportunities for those already working in real estate and related fields to increase their knowledge. Career options include real estate sales, property management, appraising, and real estate brokerage and mortgage services.
Contact Information
Department Chair: Tom Severance Dean: Al Taccone |
Department: Business Office: Building 4800, (760) 795-6841 |
Full-Time Faculty
Edward Culbertson |
Associate Degrees
Associate in Arts Degrees
Real Estate; Real Estate Entrepreneurship
Students may earn one of the above-named associate degrees by completing a certificate of achievement and the general education courses required for MiraCosta College's Associate in Arts degree (see Associate Degrees). Students should meet with a MiraCosta counselor to identify required courses and to develop a written educational plan for the specific degree or certificate they wish to earn.
Certificates
Certificate of Achievement
Real Estate
MiraCosta College will grant this certificate to persons who complete the following courses:
Required courses: | ||
REAL 105 | Real Estate Practice | 3 |
REAL 110 | Real Estate--Legal Aspects | 3 |
REAL 120 | Real Estate Finance | 3 |
One of the following: | 3-4 | |
Practical Accounting | ||
Financial Accounting | ||
Real Estate Economics | ||
Select 6 to 9 elective units from the following: * | 6-9 | |
Real Estate Principles | ||
Property Management | ||
Legal Environment of Business | ||
Total Units | 18-22 |
* | If both an accounting course listed above and the Real Estate Economics course have been completed, only 6 elective units are required. |
Certificate of Achievement
Real Estate Entrepreneurship
This certificate is designed specifically for students who want to start careers in the real estate brokerage or mortgage business. It exceeds the minimum California requirements for the broker's license and adds the necessary business courses for successfully starting and running a small business. Candidates for a brokerage practice must meet the California Department of Real Estate requirements regarding course work, experience, and state examinations.
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 105 | Real Estate Practice | 3 |
REAL 110 | Real Estate--Legal Aspects | 3 |
REAL 120 | Real Estate Finance | 3 |
REAL 130 | Real Estate Appraisal | 3 |
REAL 250 | Property Management | 3 |
ACCT 101 | Practical Accounting | 4 |
BUS 140 | Legal Environment of Business | 3 |
BUS 130 | Small Business Management | 3 |
or BUS 170 & BUS 171 | Entrepreneur I and Entrepreneur II | |
BUS 132 | Marketing | 3 |
or BUS 138 | Advertising and Promotion | |
Select 3 elective units from the following: | 3 | |
Computer Applications in Real Estate | ||
Management Principles | ||
Personal Selling | ||
Human Relations in Business | ||
Total Units | 34 |
Certificate of Proficiency
Property Management
This certificate is intended for students who wish to pursue a career in property management. By completing Real Estate Principles (REAL 100) and two additional courses, students can qualify for an unconditional sales license after successfully passing a state exam through the Department of Real Estate (DRE).
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 105 | Real Estate Practice | 3 |
REAL 250 | Property Management | 3 |
Total Units | 9 |
Certificate of Proficiency
Real Estate Appraisal
This certificate is intended for students who wish to pursue a career in real estate as an appraiser. By completing REAL 100 and REAL 130, plus an additional stand-alone course in Uniform Standards of Professional Appraisal Practice (USPAP), the student qualifies to sit for the appraisal trainee licenses through the Office of Real Estate Appraisers (OREA).
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 130 | Real Estate Appraisal | 3 |
Select at least 3 elective units from the following: | 3 | |
Real Estate--Legal Aspects | ||
Real Estate Economics | ||
Total Units | 9 |
Certificate of Proficiency
Real Estate Assistant
This certificate includes all of the course work necessary to become licensed to sell real estate in California. The assistant, often found in large agencies, is an excellent entry-level position for someone interested in the real estate field.
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 105 | Real Estate Practice | 3 |
Select at least 3 elective units from the following: | 3 | |
Real Estate--Legal Aspects | ||
Real Estate Finance | ||
Real Estate Appraisal | ||
Real Estate Economics | ||
Property Management | ||
Select at least 3 elective units from the following: | 3 | |
Computer Applications in Real Estate | ||
Internship Studies | ||
Cooperative Work Experience--Occupational | ||
Total Units | 12 |
Certificate of Proficiency
Real Estate Finance
This certificate is intended for students who wish to pursue a career as a real estate mortgage officer. By completing Real Estate Principles (REAL 100) and two additional courses, the student can qualify for an unconditional sales license after successfully passing a state exam through the Department of Real Estate (DRE).
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 105 | Real Estate Practice | 3 |
REAL 120 | Real Estate Finance | 3 |
Total Units | 9 |
Certificate of Proficiency
Real Estate Sales
This certificate is intended for students who wish to pursue a career in real estate sales, either residential or commercial. By completing Real Estate Principles (REAL 100) and two additional courses, the student can qualify for an unconditional sales license after successfully passing a state exam through the Department of Real Estate (DRE).
Required courses: | ||
REAL 100 | Real Estate Principles | 3 |
REAL 105 | Real Estate Practice | 3 |
Select at least 3 elective units from the following: | 3 | |
Real Estate--Legal Aspects | ||
Real Estate Appraisal | ||
Real Estate Economics | ||
Computer Applications in Real Estate | ||
Total Units | 9 |
State Licensing
Real Estate Salesperson
To obtain a California real estate salesperson license, candidates must first qualify for and pass a written examination. Those who pass the examination are provided a salesperson license application. The application must be submitted to and approved by the California Department of Real Estate (DRE).
Qualification for the real estate salesperson exam requires successful completion of three college-level courses, many of which are offered at MiraCosta. Some of these courses are also offered online.
Real Estate Principles*
Real Estate Practice*
Select one course from the following:
Real Estate Appraisal*
Property Management*
Real Estate Finance*
Real Estate Economics*
Legal Aspects of Real Estate*
Computer Applications in Real Estate*
General Accounting*
Business Law*
Real Estate Office Administration
Escrows
Mortgage Loan Brokering and Lending
Common Interest Developments
*These courses are available through MiraCosta College.
For more information regarding the Real Estate Salesperson Examination and course requirements, please go to the California Department of Real Estate Web site at www.dre.ca.gov/exm_sales.html.
Real Estate Broker
To obtain a California real estate broker license, candidates must first qualify for and pass a written examination. Those who pass the examination are provided a broker license application. The application must be submitted to and approved by the California Department of Real Estate (DRE).
An applicant for the Broker licensure examination must successfully complete eight college-level courses, some of which are offered at MiraCosta.
Real Estate Practice*
Legal Aspects of Real Estate*
Real Estate Finance*
Real Estate Appraisal*
Real Estate Economics*
Select three courses from the following:**
Real Estate Principles*
Business Law*
Property Management*
Computer Applications in Real Estate*
Escrow
Real Estate Office Administration
Mortgage Loan Brokering and Lending
Advanced Legal Aspects of Real Estate
Advanced Real Estate Finance
Advanced Real Estate Appraisal
Common Interest Developments
*These course are available through MiraCosta College.
**If both Accounting and Real Estate Economics have been completed, only two are required.
For more information regarding the Real Estate Broker Examination and course requirements, please go to the California Department of Real Estate Web site at www.dre.ca.gov/exm_broker.html.
Courses
REAL 100: Real Estate Principles
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
This course offers a comprehensive overview of the real estate industry. Topics include basic concepts, nature of real estate, ethics, law, contracts, finance, appraisal, taxation, property management, and public control. The course meets the requirement to qualify for the California Real Estate examination.
REAL 105: Real Estate Practice
Units: 3
Prerequisites: None
Lecture 3 hours. (0511.00)
Real Estate Practice is an applied course designed to enhance the knowledge and skill level of beginning and practicing agents. The course content focuses on the essentials for being a successful agent. Topics range from getting started, setting goals, selling and marketing techniques, contract writing, and creating seller/buyer files.
REAL 110: Real Estate--Legal Aspects
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
Topics covered include introduction to real estate law; development of land titles, estates, or interests in real property; methods of ownership, acquisition and transfer of real property; land descriptions; contracts for sale of land; voluntary and involuntary liens on real property; restrictions on the use of property; leases; real estate brokers; consummation of real estate transactions; probate proceedings; and incidents of ownership.
REAL 120: Real Estate Finance
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
This course covers orientation and introduction to real estate finance, lenders, secondary mortgage market, various types of conventional financing, government programs, qualifying buyers, credit reports, loan applications, and creative alternatives to financing.
REAL 130: Real Estate Appraisal
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
This course clarifies and defines appraisals and appraisal reports and helps develop an understanding of the three basic approaches. The importance of appraisals will be emphasized in the functioning of the real estate market along with the various types of appraisals which can be made. The course is designed to conform to the topics designated by the Office of Real Estate Appraisers for meeting licensing and certification requirements.
REAL 206: Real Estate Economics
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
An introductory course covering the foundations of economics with a focus on how the field of real estate is affected by the economy. This course can be used for meeting partial requirements to qualify as a licensed real estate appraiser through the Office of Real Estate Appraisers.
REAL 240: Computer Applications in Real Estate
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
This course will acquaint real estate students with a basic introduction to computers and how their use can increase one's professional productivity. Topics covered include real estate applications on the Internet, specialty areas of finance, appraisal, property management, and brokerage practice.
REAL 250: Property Management
Units: 3
Prerequisites: None
Acceptable for Credit: CSU
Lecture 3 hours. (0511.00)
Basic course covering accepted principles of professional property management. Designed for professional real estate brokers and salespersons and also for investors. Major areas covered include property management laws, screening tenants, writing rental contracts and landlord-tenant relationship.
REAL 292: Internship Studies
Units: 0.5-3
Prerequisites: Complete 6 units at MCC prior to internship; permission of instructor and department chair required.
Corequisite: Must currently be enrolled in 3 units and complete 60 hours of non-paid or 75 hours of paid work per unit of credit.
Acceptable for Credit: CSU
(0511.00)
Individualized study linking classroom learning to the workplace. Approval form must be signed by instructor and department chair before registration. (May be taken for a total of 12 units.)
REAL 293: Topics in Real Estate
Units: 1-3
Prerequisites: None
Repeatability Rule: Allow four completions in any combination of REAL 293, REAL 296.
Lecture 1 hour.
Lecture 2 hours.
Lecture 3 hours. (0511.00)
A study of relevant topics in the discipline not covered in the current selection of courses. Designed to meet special needs; content determined by participating faculty members in consultation with students and the community. Non-transfer topics only.
REAL 296: Topics in Real Estate
Units: 1-3
Prerequisites: None
Repeatability Rule: Allow four completions in any combination of REAL 293, REAL 296.
Acceptable for Credit: CSU
Lecture 1 hour.
Lecture 2 hours.
Lecture 3 hours. (0511.00)
A study of relevant topics in the discipline not covered in the current selection of courses. Designed to meet special needs; content determined by participating faculty members in consultation with students and the community.
REAL 299: Cooperative Work Experience--Occupational
Units: 1-4
Prerequisites: None
Corequisite: Students must be employed in a position directly related to their declared major and must complete 75 hours of paid work or 60 hours of non-paid work per unit of credit.
Acceptable for Credit: CSU
(0511.00)
For students whose work is directly related to their major. To participate in occupational cooperative work experience education, students must be employed in a position directly related to their declared major and undertake new or expanded responsibilities at their work site. Students must develop one learning objective for each unit of credit in which they enroll and they must complete 75 hours of paid work or 60 hours of non-paid work per unit of credit. A maximum of four units of occupational work experience may be earned each semester and a combined maximum of 16 units of occupational and general work experience may be earned during community college attendance and applied as electives toward graduation. Students may receive G.I. Bill benefits for work experience only if required for their specific program. (May be repeated three times.)