Real Estate (REALE)

REALE 1130 
Real Estate Broker Pre-License Topics
5  credit hours

Introduction to real estate topics including license law, real property, agency, seller and buyer relationships, state and federal laws, marketing and advertising, market analysis and appraisal, financing, contracts, employment agreements, and career paths. A required course to take the Illinois Real Estate Broker License Examination. (5 lecture hours)

REALE 1131 
Broker Pre-License Applied Principles
1  credit hour

Application of real estate broker pre-license topics to the practice of real estate brokerage. Includes situational and case studies, role playing, and demonstration of real estate activities. A required course to take the Illinois Real Estate Broker License Examination. Prerequisite: Real Estate 1130 with a grade of C or better, or equivalent or concurrent enrollment in Real Estate 1130 (1 lecture hour)

REALE 1134 
Real Estate Broker Post-License Topics
1  credit hour

Study of real estate topics including license law, state and federal laws, agency and real estate transactions. A required course to maintain an Illinois Real Estate Broker License. Prerequisite: An Illinois Real Estate Broker License. (1 lecture hour)

REALE 1135 
Broker Post-License Applied Practices
1  credit hour

Application of real estate broker post-license topics to the practice of real estate brokerage. Includes situational and case studies, role playing, and demonstration of real estate activities. A required course to maintain an Illinois Real Estate Broker License. Prerequisite: Real Estate 1134 with a grade of C or better, or equivalent or concurrent enrollment in Real Estate 1134. An Illinois Real Estate Broker License. (1 lecture hour)

REALE 1138 
Managing Broker Pre-License Topics
2  credit hours

Study of real estate topics including licensing, operations, escrow, and management. A required course to take the Illinois Real Estate Managing Broker License Examination. Prerequisite: An Illinois Real Estate Broker License (2 lecture hours)

REALE 1139 
Brkr Prelicense Management & Supervision
1  credit hour

Application of real estate managing broker pre-license topics to the practice of real estate brokerage. Includes situational and case studies, dispute resolution simulations, supervision situations, escrow, and discipline case studies. A required course to take the Illinois Real Estate Managing Broker License Examination. Prerequisite: Real Estate 1138 with a grade of C or better, or equivalent or concurrent enrollment in Real Estate 1138. An Illinois Real Estate Broker License (1 lecture hour)

REALE 1152 
Basic Appraisal Principles
2  credit hours

Introduction to basic appraisal principles including real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, and overview of real estate markets and analysis. One of the required courses to take the Illinois Associate Real Estate Trainee Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. (2 lecture hours)

REALE 1153 
Basic Appraisal Procedures
2  credit hours

Introduction to basic appraisal procedures including overview of approaches to value, valuation procedures, property description, and residential applications. One of the required courses for persons planning to take the Illinois Associate Real Estate Trainee Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. Prerequisite: Real Estate 1152 with a grade of C or better, or equivalent (2 lecture hours)

REALE 1154 
Uniform Standards of Professional Apprai
1  credit hour

Examines the ten Uniform Standards of Professional Appraisal Practice, ethics rules, and advisory opinions. One of the required courses to take the Illinois Associate Real Estate Trainee Appraiser License Examination. This course meets Appraiser Qualifications Board (AQB) criteria. (1 lecture hour)

REALE 1170 
Home Inspection
5  credit hours

Examination and evaluation of the exterior and interior components of residential real property, which includes plumbing, electrical, Heating, Ventilation, Air Conditioning (HVAC), structural, foundation, roof, masonry or any other real property components. Illinois Home Inspector Law/ Administrative Rules and Standards of Practice are covered. Satisfies the education requirements set forth by the Office of Banks and Real Estate for Home Inspector licensing. Prerequisite: Minimum age of 21 with high school diploma or GED certificate (5 lecture hours)

REALE 1820 
Selected Topics I
1 to 3  credit hours

Introductory exploration and analysis of selected topics with a specific theme indicated by course title listed in college Class Schedule. This course may be taken four times for credit as long as different topics are selected. (1 to 3 lecture hours)

REALE 1840 
Independent Study - Individualized
1 to 4  credit hours

Exploration and analysis of topics within real estate to meet individual student-defined course description, goals, objectives, topical outline and methods of evaluation in coordination with and approved by the instructor. This cours emay be taken four times for credit as long as different topics are selected. Prerequisite: Consent of instructor is required (1 to 4 lecture hours)