The Business Real Estate Program is designed to provide the student with the comprehensive knowledge needed to enter or invest in the real estate industry. A progressively challenging course curriculum begins with learning the vocabulary terms in both the principles and practices courses. Completing both of these state-mandated courses will help prepare students for the real estate salesperson and broker license exams.
Students seeking to progress to a real estate broker’s license can select from an array of robust Real Estate electives at Victor Valley College, including Finance, Law, Appraisal, Economics, Marketing, Office Administration, and Property Management courses. Prospective real estate investors, community members, and those desiring career employment in various real estate professions are welcome to enroll in one or more courses to supplement their career path.
Victor Valley College offers an Associate of Science (A.S.) degree in Business Real Estate. Also, the two certificate programs provide structured approaches to the coursework. The 9-unit Certificate includes the three courses and electives necessary to take the state’s Real Estate Salesperson’s examination, while the 18-unit Certificate is designed to lead to the complementary A.S. degree. Courses are offered in convenient formats, including an evening schedule for face-to-face classes, online, and remote learning.
Real estate professionals fulfill needed services in the local community and can take advantage of many career benefits. Students may choose sales careers because of the time freedom, flexible schedule, and unlimited earning potential. The real estate industry contributes positively to the U.S. economy and offers many income opportunities for professionals. Besides sales, real estate agents and brokers can also manage or develop a property, working in either the residential or commercial property sectors. Victor Valley College courses help prepare students to meet the career demand in the local marketplace.
While land ownership is a tenet of the American Dream, a home fulfills the basic need for shelter, and homeownership can help families build generational wealth. The sale or purchase of a home (or other real property) is often the single largest business transaction for most people. Consequently, they often seek the professional opinions and assistance of real estate salespersons, brokers, and appraisers. These professionals are familiar with the various forms of financing available in any given market. Real estate professionals keep abreast of their county or city planners' actions and become familiar with the zoning laws, tax laws, and real estate contract laws to serve their clients better.
Opportunities abound in the finance, real estate, insurance, rental, and leasing industry, which added the most value to the gross domestic product (GDP) in the U.S economy. (Reference: statista). The Occupational Outlook from the U.S. Bureau of Labor Statistics predicts strong future demand for real estate agents and brokers based on market trends. (Reference: US Bureau of Labor Statistics - Occupational Outlook Handbook).
Career Opportunities
Real Estate Careers that require formal education and/or licensing include Real Estate salesperson/broker (residential), real estate salesperson/broker (commercial), real estate brokerage owner, property manager (residential), asset manager/leasing agent (commercial), real estate assistant, transaction coordinator (TC), mortgage lender/loan broker, appraiser, and HOA community manager.
Other real estate professional careers include corporate employee, escrow officer/rep, home inspector, inside sales agent (ISA), investor, mortgage lender (mortgage banker or mortgage broker), natural hazard disclosure rep, property tax assessor (county), settlement agent, title officer/rep, and resident manager.
Real estate related industries include Attorney (specializing in real estate), marketing/social media, photography/aerial drones, construction/building and repairs, staging/interior design, architecture/building design, urban planning and design, and property cleaning/maintenance.
Faculty
Pierce Brown, Regina
Transfer
Not usually a transfer major. Many Business Escrow and Business Real Estate courses transfer as electives or fulfill subject credit requirements. Students in this program often choose to pursue a bachelor’s degree in Business Administration. See Business Administration 2.0, AS-T for transfer requirements.
Program Learning Outcomes
Program Learning Outcomes (PLOs) are statements of the kind of learning a program hopes a student will achieve. The PLOs describe the knowledge, skills, problem-solving, communication, and values that apply to all certificates and/or degrees within that program.
Upon completion of this program, students should be able to:
- Identify and effectively communicate real estate concepts, demonstrating a breadth of knowledge regarding principles and practice of real estate, legal compliance, financing structures, valuation methods, investing, economics, property management, administration, escrow, computer applications, and marketing strategies.