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Workforce & Community Ed

Online Real Estate Classes

Thank you for your interest in Belmont College’s online Real Estate courses.  The next opportunity to enroll will be January 2019.

 

Real Estate online class options offered are as follows:

 

  • Real Estate Principles & Practices
  • Real Estate Appraisal
  • Real Estate Law
  • Real Estate Finance

 

Upon completion of all four Real Estate classes, students will receive a Certificate of Completion from Belmont College. In addition, these courses will prepare students to take the State of Ohio Real Estate Salesperson Exam. The Real Estate Salesperson exam application is $60.00 and the exam fee is $34; these fees are not included in the cost of the course.

 

Total Tuition for all 4 classes – $1,247.00 Tuition does not include books. Books are available for purchase online or in the college Bookstore. Contact the Workforce Development Department for book ISBN numbers.

 

To register for any of our Real Estate classes, please contact the Workforce Development and Community Education Office at 740.699.3868 or 740.699.3869.

 

OPTIONAL EXAM PREP SESSION:

  • Study for the Ohio Real Estate Salesperson Exam.
  • Instructor-led review of the exam questions and concepts.

One Day Only!  Date to be determined. $150.00

Real Estate Principles & Practices

Designed as an introduction to real estate economics and administration covering the elementary, physical, legal, geographical, and economical characteristics of real estate, as well as the real estate market. This course is required for licensure in the State of Ohio. Prerequisites: None

 

Course Number: RELWD 100 002

Spring Term: 1/7/19 – 2/8/19
40 Class Hours – $486.63

Book Cost – $54.65

Real Estate Appraisal

The course provides an introduction of residential real estate appraisal. It will cover the three approaches to value (cost, market and value) in depth to allow for a basic understanding of property evaluation. This course is required for licensure in the State of Ohio. Prerequisites: None

 

Course Number: RELWD 200 002
Spring Term: 2/11/19 – 3/1/189
20 Class Hours – $136.87

Book Cost – $47.05

Real Estate Law

Covers all areas of law commonly concerned with the typical real estate practitioner/consumer. Among the topics that will be covered are agency law, common law as it applies to real estate ownership, license laws in the State of Ohio, contract law, fixtures, and other topics that are part of real estate law. This course is required for licensure in the State of Ohio. Prerequisites: None

 

Course Number: RELWD 300 002
Spring Term: 3/4/19 – 4/5/19
40 Class Hours – $486.63

Book Cost – $60.00

Real Estate Finance

Teaches the practitioner of real estate the role of financing as it applies to conventional loans, government loan programs, and how underwriting a loan is accomplished in the marketplace. The nature of the mortgage market will be covered along with the effects of monetary policy and fiscal policies on real estate finance. This course is required for licensure in the State of Ohio. Prerequisites: None

 

Course Number: RELWD 400 002
Spring Term: 4/8/19 – 4/26/19
20 Class Hours – $136.87

Book Cost – $57.52

 

How do I get my Ohio Real Estate License?

 

According to the Ohio Board of Realtors you must:

  1. Complete your required education

    You must have a high school diploma or equivalent (if you were born after 1950) and successfully complete 120 hours of approved real estate education within a ten-year time frame immediately preceding your application. This education must be completed at an institution of higher education that awards a degree in at least a two-year program, education must consist of the following:

    – Real Estate Principles and Practices (40 hours)

    – Ohio Real Estate Law, including instruction in civil rights, housing discrimination and desegregation problems (40 hours)

    – Real Estate Appraisal (20 hours)

    – Real Estate Finance (20 hours)

  2. Obtain a sponsoring broker

    Before you submit an application to become a licensed real estate Salesperson, you must be sponsored by a Broker.

  3. Submit your application

    You must submit a completed Salesperson Examination Application, a $60 fee, and proof that you completed your education requirements to the Ohio Division of Real Estate & Professional Licensing. (You may either submit a copy of your official transcripts or course completion certificates.) The Division will process your application and send your information to the testing vendor.

  4. Schedule your test

    After your application has been processed, you will receive a Candidate Information Bulletin with instructions for scheduling your test.

Ohio State Requirements: Salesperson Licensing

Educational Requirements to Obtain a Salesperson License:

 

  • Be honest, truthful and of good reputation.
  • Be at least 18 years old.
  • Be sponsored by an Ohio Broker.
  • Not have been convicted of a felony or a crime of moral turpitude. Not have violated any civil rights laws regarding real estate within the past two years as determined by a court of law or violated any rules of the Ohio Division of Real Estate. In some circumstances, it is possible to have a conviction or violation disregarded, which would allow you to sit for the exam. The Division may only make a determination with respect to a conviction or violation if you file an application. For additional information on this process, contact the Division directly or review the additional information found on the Division’s website.
  • Have a high school diploma or its equivalent as recognized by the Ohio Department of Education if you were born after 1950.
  • Complete the education requirements: Real Estate Principles and Practices (40 hours); Ohio Real Estate Law, including instruction in civil rights, housing discrimination and desegregation problems (40 hours); Real Estate Appraisal (20 hours); and Real Estate Finance (20 hours)

 

Please note: Any person who has not been licensed as a real estate salesperson or broker within a four-year period immediately preceding his/her current application for the salesperson’s exam must have completed the above instruction within a 10-year period immediately preceding the current salesperson application. This education must have been completed at an institution of higher education that awards a degree in at least a two-year program (i.e. an associate degree).

 

An applicant for an Ohio salesperson’s license should submit:

 

  •  A completed Salesperson Examination Application with $60.00 fee (Note: If you answer “yes” to any of the Ethical Conduct questions, please submit a detailed explanation. Your application will be reviewed by the ODRE Legal staff.).
  • Proof of completion of the Education Requirements (a copy of official transcripts or course completion certificates). Once the Division processes a complete application, the applicant’s information is sent to the testing vendor. The testing vendor will process the information and send a Candidate Information Bulletin with instructions on scheduling the exam.
  • The applicant must pass the State and National portions of the Ohio Real Estate Salesperson Exam in order for a license to be issued. Passing score: 70.

 

For more information, contact the Ohio Division of Real Estate & Professional Licensing at 614-466-4100.