The first 30 hour course on brokerage management is the first step of becoming a licensed broker. This course is geared around establishing a real estate office. This course will be taught from a Broker in Charge. You will learn from experience. In this course, you will cover topics such as risk reduction, ethics, marketing, short and long range planning, policy manual development, insurance, trust accounts, budgeting and finance. This course does not require an exam.
The second required course for the Broker License, Unit 3- B, will cover the basic fundamentals of Real Estate. This is a 30 hour mandatory course for the Broker licensing. In this course, you will cover Real property law, Federal Housing laws, pricing of real property, appraisal, agency, contracts, finance, license law, federal and state laws, math and closing statements. The state requires 150 hours of training to become a broker. You may use the 90 hours required for your salesperson’s license in conjunction with the Unit 3-A and Unit 3-B