Real Estate Option
Overview
About the program
Criminal history checks will be required for all applicants for a new real estate license, including sales licensees seeking a broker license and reciprocity applicants, starting Nov. 1, 2019. Instructions for submitting fingerprints for a new license will be posted on the Department of Commerce website.
Four prep courses are required to become a licensed real estate salesperson in Ohio. We offer these courses online and you can complete all of them in one semester.
After completing the required courses, meeting contract hour requirements, and passing Ohio’s Real Estate Salesperson exam, you’ll be ready for a career in real estate as a sales agent, property manager, or title researcher.
Are you interested in becoming a…Real Estate Salesperson or Real Estate Broker
With convenient, local classes and affordable tuition, this is an investment in your future! Why wait?
Becoming a licensed Real Estate Salesperson in the State of Ohio requires completing required coursework, meeting contact hour requirements, and passing the Real Estate Salesperson examination.
Students who finish the Real Estate Option and meet the following requirements can apply through the State of Ohio to become an Ohio Real Estate Broker.
Note: The real estate courses are offered during Fall and Spring term in an accelerated format. Additional course offerings are in two formats: traditional day/evening and online.
Program format(s)
This program follows an 8-week course format. This means you will take fewer classes at a time, and earn credits faster as you complete the program. Each semester is divided into two 8-week sessions, with a smaller number of classes taken during each compared to a traditional 16-week semester schedule.
Degree option
Two-year full-time degree schedule; mixture of core business, management, real estate, computer, and communications courses; program can be completed on a part-time basis.
License/Credentialing Eligibility
Becoming a licensed Real Estate Salesperson in the State of Ohio requires completing the required coursework, meeting contract hour requirements, and passing the Real Estate Salesperson examination.
Learning Outcomes
- Identify real estate professions including different types of agencies, types of contracts, ways of determining the value of properties, finance principles, appraisal principles, and law as it applies to real estate contracts.
- Recognize important laws as it pertains to real estate salespersons and brokers including agency and property law, licensure law, and real estate contract law.
- Utilize basic finance principles as they relate to real estate including estimating costs for closing a property loan, analyzing a closing statement.
- Identify the different primary and secondary lending institutions and federal loan programs.
- Identify the different approaches to valuing property and the principles that impact real estate value, utilize data sources for information required for an appraisal, and reconcile data for a final value estimate of properties.
- Evaluate business career pathways.
- Use problem-solving methodology to solve customer concerns and business problems.
- Apply generally accepted accounting principles (GAAP) to measure, process, and communicate financial information.
- Develop a marketing plan incorporating products, promotions, sales ideas, and strategies.
- Describe legal requirements and ethical considerations pertaining to organizations.
- Explain economics concepts including demand, supply, competition, resources and making choices with regards to consumer behavior.
- Apply techniques used to transition from the classroom to the work environment.
- Demonstrate business practices within the Business Management field.
- Demonstrate effective communication both written and orally.
- Solve problems using mathematics.
- Solve problems through analysis, creativity, and synthesis to make informed decisions.
- Demonstrate good work habits, effective interpersonal and teamwork skills, and a high level of professionalism.
- Utilize technology tools efficiently and effectively to perform personal and professional tasks.
- Exhibit respect and sensitivity for individual and institutional differences.
Career Opportunities
- Sales Agent
- Buyer’s Agent
- Real Estate Broker
- Broker Specialist
- Property Manager
- Title Researcher
Application Requirements
- MTC Application for Admission and nonrefundable applicable fee.
- High school transcript (or GED results) and college transcripts (if applicable).
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Demonstrate college-readiness by achieving the required minimum score on a placement test, successfully completing any required college foundation courses, or satisfying other measures including but not limited to high school coursework, previous college coursework, samples of work, etc.