Academic Courses

Real Estate

NOTE: All courses and instructors are approved by the Pennsylvania State Real Estate Commission.

RE 101
Real Estate Fundamentals
3-0-3
Economic, legal and social aspects of real estate under private ownership in the U.S. Among the topics to be discussed will be the agreement of sale, mortgage financing, title and title insurance, settlement, leasing and landlord-tenant relations, planning, zoning, regulations governing land use, Fair Housing legislation and the various aspects of the real estate business. Required by Pennsylvania Real Estate Commission for all candidates for a sales license.

RE 105
Real Estate Practice
3-0-3
Introduction to all facets of the real estate business, including a survey of fields of specialization. Emphasis will be on the role of a real estate agent in the field of residential brokerage. This course will acquaint the student with the basic techniques, procedures, regulations and ethics involved in a real estate transaction along with a working knowledge of the forms and documents used, including the related mathematics. This course, together with RE 101 (Real Estate Fundamentals), is required by the Pennsylvania Real Estate Commission for all candidates for a sales license.

RE 111
Real Estate Mathematics
3-0-3
Proceeding from simple operations in decimals, fractions and percentages through more complex problems in mensuration, mortgage principal and interest, points, taxes, percentage leases, prorations and closing statements. While this course is accepted by the Pennsylvania Real Estate Commission for the broker’s examination only, students are cautioned that certain questions in the sales examination may require a knowledge of mathematics. It is advisable, therefore, that this course be taken prior to the sales examination.

RE 131
Real Estate Financing
3-0-3
Techniques and documents used to finance real estate as a commodity of commerce. Financing of residential, commercial and industrial property. The mortgage industry: its structure, funding and risk analysis. Emphasis on problems of cyclical fluctuation, marketability, work-out and foreclosure. Government in the marketplace. Accepted by Pennsylvania Real Estate Commission for broker’s examination only.