To be successful, you must make a personal commitment to attend all classes, work independently between class sessions, and complete all assignments in a timely manner.
SALESPERSON LICENSE REQUIREMENTS
| Course |
Course Title |
Credits |
| REA1010A |
Real Estate Principles & Practices |
4 |
| REA1100A |
Real Estate Law |
4 |
| REA1200A |
Real Estate Finance |
2 |
| REA1300A |
Real Estate Appraisal |
2 |
Ohio House Bill 524 defines the pre-licensure requirements for those wishing to become salespersons. *To be eligible to take the Salesperson Examination, you must fulfill two requirements 1) Pass each course listed above; and 2) Meet the state’s contact hour attendance requirements. Class attendance is mandatory - students can miss only one class session for each course. Within one year after issuance of a Sales License, the licensee must complete a 10-hour post-licensure course covering current issues relating to consumers, real estate practice, ethics, and real estate law. This course may be completed at other institutions approved by the Ohio Real Estate Commission.
Will the Real Estate credits apply towards an Associate Degree?:
Students who earn MTC’s Real Estate Sales Courses, and wish to become a licensed real estate broker in the State of Ohio, may substitute the real estate course (12 credits) for BUS2100A Ethics, MGT2010A International Business, and the Technical Elective (MGT/MKT) toward an Associate of Applied Business Degree.
Marion Technical College’s Associate of Applied Business Management degree includes the coursework required to become a licensed Real Estate Broker in the State of Ohio.
Course No |
Course Title |
Credit Hours |
State Required Contact Hours* |
REA |
1010A |
Real Estate Principles and Practices |
4 |
40 |
REA |
1300A |
Real Estate Appraisal |
2 |
20 |
REA |
1200A |
Real Estate Finance |
2 |
20 |
REA |
1100A |
Real Estate Law |
4 |
40 |
ACC |
2700A |
Managerial Accounting |
4 |
Prereq: ACC1400A,
BUS1100A |
MGT |
2210A |
Human Resource Management |
4 |
Prereq: None |
ECN |
2000A |
Microeconomics |
4 |
Prereq: None |
BUS |
2150A |
Legal Environment of Business |
5 |
Prereq: None |
The credits in this degree fulfill the state’s two-year (90-100 quarter credit hours) post secondary education requirement for any salesperson (licensed after January 3, 1984) who wants to take the Broker’s Examination. The requirements do not apply to those licensed before January 2, 1972.
Within one year after issuance of a Broker’s License, the licensee must complete a 10-hour post licensure course in real estate brokerage. This course may be completed at other institutions approved by the Ohio Real Estate Commission. If this requirement is not met, the license will be suspended and the broker has a 1-year grace period to complete the course.
MTC graduates are working as:
- Real Estate Sales Specialist
- Agent Assistant
- Real Estate Agent/Broker
- Broker Specialist
- Property Manager
- Title Researcher
Program Admission:
- MTC Application for Admission and nonrefundable applicable fee.
- Final high school transcript (or GED results) and college transcripts (if applicable).
- Successful completion of the Basic Skills Assessment (COMPASS) and Technology Skills Test is required.
- Any College foundation courses suggested by COMPASS results are highly recommended.
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