Real Estate

2014-15 Edition

Sylvania Campus
Social Science Building (SS), Room 215
971-722-4393 or 971-722-4287

www.pcc.edu/re

Career and Program Description

PCC’s Real Estate Program offers courses to prepare individuals to become licensed in Oregon as a Real Estate Broker or Property Manager. Real estate brokers represent buyers and/or sellers in real estate sale/lease transactions. Property managers oversee the management of properties such as single-family residences, multi-family apartments, condominiums, office or retail buildings, and other types of income producing real estate.
PCC is approved by the state of Oregon Real Estate Agency to provide pre-license educational training for real estate brokers and property managers. In addition, PCC also offers general education courses which give students an introduction to the field of real estate and information on how to invest in real estate.   
Students may also qualify to receive an "Occupational Certificate" in either the Real Estate Broker Program or the Property Manager Program.

Degrees and Certificates Offered

Less Than One-Year Certificate

Property Manager
Real Estate Broker

Less Than One-Year Certificate

Property Manager
Real Estate Broker

Property Manager Less Than One-Year Certificate

Minimum 12 credits. Students must meet certificate requirements.

Property Manager Certificate Courses

RE 100Introduction to Real Estate3
RE 250Real Estate Investments I3
RE 252Real Estate Property Management6
Total Credits12

Real Estate Broker Less Than One-Year Certificate

Minimum 16 credits. Students must meet certificate requirements.

Real Estate Broker Certificate Courses

RE 110Real Estate Practices3
RE 112Real Estate Law3
RE 114Real Estate Agency Law2
RE 116Real Estate Finance3
RE 118Real Estate Brokerage2
RE 126Real Estate Contracts2
RE 140Real Estate Broker Property Management1
Total Credits16

Note: Requirements for licensing/certification as a broker or property manager may change over time. Students are advised to confirm the current license/certification requirements with the Oregon Real Estate Agency or PCC before making any course commitments.

Courses

RE 100. Introduction to Real Estate. 3 Credits.

Real estate brokerage, appraisal, escrow, and management. Focuses on these aspects of the real estate industry and provides basic information for choosing real estate as a career. Audit available.

RE 110. Real Estate Practices. 3 Credits.

Introduces the real estate business in general, real estate licensing laws, listing agreements, sales agreements, and fair housing. Satisfies Oregon Real Estate Broker pre-licensing requirements. Audit available.

RE 112. Real Estate Law. 3 Credits.

Introduces the laws affecting real estate ownership and the transfer of real estate ownership. Satisfies Oregon Real Estate Broker pre-licensing requirements. Audit available.

RE 114. Real Estate Agency Law. 2 Credits.

Topics covered are common law and statutory law aspects of agency. Satisfies Oregon Real Estate Broker pre-licensing requirements. Audit available.

RE 116. Real Estate Finance. 3 Credits.

Methods for financing the acquisition and transfer of real property. Emphasizes the mortgage market, lending instruments, foreclosures and remedies, governmental loan programs, private loan programs, loan applications, appraisals and closings. Satisfies Oregon Real Estate pre-licensing requirements. Audit available.

RE 118. Real Estate Brokerage. 2 Credits.

Topics include advertising, financial records, regulatory requirements for real estate offices, escrow, office manuals, and other topics. Satisfies Oregon Real Estate Broker pre-licensing Audit available.

RE 126. Real Estate Contracts. 2 Credits.

Topics include basic contract law, listing agreements, earnest money agreements, options, first rights of refusal, leases and escrow agreements. Satisfies Oregon Real Estate Broker pre-licensing requirements. Audit available.

RE 130. Real Estate Advanced Practices. 3 Credits.

Satisfies the Oregon Real Estate Agency post-license requirement to complete an advanced course related to the practice of real estate prior to their first renewal of their license. Audit available.

RE 140. Real Estate Broker Property Management. 1 Credit.

Topics include Oregon real estate license and administrative rules, Oregon Residential Landlord and Tenant Act, record keeping, and anti-discrimination statutes. Satisfies Oregon Real Estate Broker pre-licensing requirements. Audit available.

RE 210. Real Estate Appraisal-Foundations. 3 Credits.

Basic principles, methods and techniques of determining the value of real estate in connection with transfer of ownership, financing and credit, just compensation in condemnation, and as a basis for taxation. Meets State of Oregon requirements for licensing/certification. Audit available.

RE 211. Real Estate Appraisal-Single Family Residences. 3 Credits.

Introduces more sophisticated methods and techniques of valuation related to the appraisal of single family residential properties. Satisfies Oregon State Qualifying Education requirements for licensing/certification. Audit available.

RE 212. Real Estate Appraisal - USPAP. 2 Credits.

Focuses on requirements for ethical behavior and competent performance by appraisers which are set forth in the Uniform Standards of Professional Appraisal Practice. Satisfies Oregon State Qualifying Education requirements for licensing/certification. Audit available.

RE 226. Real Estate Investments - Advanced. 3 Credits.

Introduces more sophisticated and complex real estate finance and investments concepts. Audit available.

RE 241. RE Brokerage Administration and Sales Supervision. 4 Credits.

Management theory, characteristics and functions of successful management organizational formats. Includes corporate, partnerships and proprietorships, management related problems and license types and requirements. Required prior to taking the Oregon Real Estate Broker's exam. Audit available.

RE 250. Real Estate Investments I. 3 Credits.

Introduces various aspects of personal real estate investments. Discusses basic strategies of real estate investment, including the relationship between risk and return. Introduces important considerations for potential investors when purchasing, holding and selling investment property. Audit available.

RE 252. Real Estate Property Management. 6 Credits.

Emphasizes functions and responsibilities of managers of real property. Includes applications of contract and agency law, and statutory materials concerning landlord and tenant, anti-discrimination, and fair credit reporting. Satisfies Oregon State property management license pre-licensing requirements. Audit available.