If you’ve been considering a career in real estate, now is a great time to get started with classes at Lorain County Community College. You can earn an associate degree or short-term technical certificate at LCCC in preparation to sit for the State Exam. Online options available.

LCCC offers the classes required by the State of Ohio to become a licensed real estate salesperson. These courses must be completed before you can take the Ohio Department of Real Estate Sales Exam.

As a licensed real estate agent you can help people buy and sell homes, office buildings, industrial property and corporation farmland. You may also become involved in property management, land development, mortgage banking, urban planning, real estate counseling, appraisal and research are all aspects of a career in real estate.

A career in real estate provides flexibility and freedom to set your own pace. Income directly reflects your efforts, with no limits on what you can earn. Successful people in real estate are goal-oriented, persevering, self-motivated, ambitious and people-oriented. The rewards of a real estate career are a potential for high earnings, status in the community, autonomy, time freedom, helping people, the intellectual challenge and the satisfaction from those accomplishments.

Working in real estate gives you independence and choices of environment in which to work, such as affiliation with a large or small firm as a listed salesperson. With more experience and upon passing of an additional exam, becoming a real estate broker is the next step.

The LCCC courses are taught on weekends and online and are offered each semester.  Real estate courses are offered through LCCC’s Engineering, Business and Information Technologies division and are listed under finance courses.

Course offerings include:

Real Estate Principles and Practices (40 hours) – FNCE 111

This course familiarizes each student with the principles and practices of the real estate business through study of the nature, importance, and character of land; the real estate market; financing; property ownership; stages in the real estate transaction and appraisal, escrow and title work. Special attention will be given to fair housing, civil rights and ethics.

Law of Real Estate (40 hours) – FNCE 112

This course provides the foundation for understanding the legal implications embodied in real estate transactions, contracts, and other relationships. Ohio (local, municipal, and state) real estate law, as well as federal civil rights laws are studied. Land ownership, its components, rights, responsibilities, transfer, and limitations are reviewed within the context of the sales transaction along with the contracts, deeds, and closing the title for the property.

Real Estate Finance (20 hours) – FNCE 115

The institutions, methods, instruments, and procedures involved in the financing of real estate, the nature and characteristics of mortgage loans, government influence on real estate finance and the nature of the mortgage market.

Real Estate Appraisal (20 hours) – FNCE 118

Appraisal as it applies to single and double family dwellings. This class studies the factors in a property appraisal, which affect value. Approaches to property valuation are covered with emphasis on the market data approach and replacement cost approach. Learning appraisal techniques to construct an appraisal report.

For information about the Real Estate program, call (440) 366-4030 or visit
www.lorainccc.edu/realestate.