RealEstateU is just not considered one of our top-rated on-line actual property colleges. You may evaluation our checklist of the perfect on-line actual property colleges for what we predict are higher choices.
RealEstateU is a wholly on-line actual property faculty that provides pre-licensing programs for actual property brokers in 14 states. It additionally affords examination prep in 10 states and persevering with training lessons in a single states. As well as, it affords actual property investing programs, and all programs are self-paced and will be taken anytime on any system. The college focuses on providing partaking class classes which can be inexpensive and handy as a result of they are often seen on the go.
Execs Defined
- Affordably priced on-line programs: Programs are among the many lowest priced for on-line actual property colleges. Nonetheless, remember the fact that costs range by state, and textbooks aren’t included within the costs.
- 30-day refund coverage: All programs will be refunded inside 30 days so long as 50% or much less of the course is accomplished. You might be topic to a $20 cancelation charge relying on the course.
- ARELLO-certified faculty: Not all colleges have this certification, however RealEstateU does. It signifies that constant, high-level instructional requirements are being maintained in regard to actual property licensure regulation.
Hold your studying model in thoughts. In the event you be taught higher in a classroom setting or aren’t nice at utilizing computer systems, then select a college that provides on-campus lessons.
Cons Defined
- Textbooks aren’t included in course costs: Not all programs require textbooks, however generally it’s good to have a tough copy to reference or research from. So, remember the fact that it could be a further $20 or extra to buy a textbook to your actual property course.
- Not supplied in all states: If you wish to work in actual property in a state that isn’t supplied by RealEstateU, then you’ll need to pick one other faculty that provides lessons the place you intend to work.
- No on-campus studying: Programs are all supplied on-line and are self-paced with no possibility for in-classroom studying. In the event you just like the interplay with lecturers and college students and be taught higher in a classroom setting, then you’ll need to pick a college that has campuses.
Licensing prices and academic necessities range enormously by state. When researching actual property licensing applications, solely evaluate programs for the state you need to work in, so the comparability is correct.
All About Actual Property Brokers and What They Do
Obtainable Programs
RealEstateU affords actual property agent pre-licensing programs, examination prep lessons for actual property licensure, and persevering with training lessons for actual property brokers. Nonetheless, it doesn’t provide programs for actual property brokers. It does, nevertheless, provide programs on actual property investing, together with subjects comparable to multi-family properties, syndication, self-directed IRAs, and actual property accounting.
Salesperson Pre-Licensing
Salesperson (actual property agent) pre-licensing programs are supplied in 14 states in a self-paced on-line format. The states the place programs are supplied are California, Florida, Georgia, Michigan, Missouri, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, and Wisconsin. All programs will be accessed at any time and from any system, together with tablets, computer systems, and smartphones. College students have 12 months from the time of buy to finish the course.
Pre-licensing programs embody progressive and fascinating movies taught by actual property professionals, glossaries of actual property phrases, and downloadable workbooks. Programs additionally embody infographics and on-line workbooks, in addition to on-line password-protected ultimate exams.
Examination Prep
RealEstateU affords examination prep in 10 states: California, Florida, Georgia, Michigan, Missouri, Pennsylvania, South Carolina, Tennessee, Texas, and Virginia. Examination prep is bought individually from pre-licensing programs. It contains notes on the programs, key idea opinions, and apply exams. Every state’s examination prep clearly covers totally different materials, however you’re going to get an in-depth evaluation of the course materials to organize you for the examination. State content material varies. For instance, in Virginia, six pattern exams are included and in North Carolina, eight pattern exams are included.
Persevering with Training
Persevering with training programs are supplied in only one state: New York. The course is $79 and contains 22.5 hours of constant training programs required for renewing a salesman’s license. There are eight chapters which can be damaged down into classes with multiple-choice quizzes on the finish of every lesson.
Course Format
Programs are fully on-line and will be taken at any time out of your pc, smartphone, or pill. That is handy for those who’re on the go or need to full components of a course in segments, whether or not you’re at residence or not. The programs are fully self-paced, so that you by no means need to log in at a sure time. There’s a 12-month window to finish every course from the time you buy it. In the event you don’t full it inside that timeframe, you’ll need to buy the course once more.
Programs range based mostly on the state’s necessities, and embody movies, actual property glossaries, real-world property situations, part opinions, audio transcripts, and well-designed infographics, in addition to a password-protected on-line examination to be accomplished on the finish of the course. Programs additionally embody steps on how you can get your actual property license within the state the place you’re taking the category.
Instructors
The entire instructors are skilled professionals within the subject they’re instructing. New York College (NYU) professors educate among the actual property investing programs, and different professionals educate the pre-licensing programs, together with CPAs, actual property attorneys, and mortgage brokers. The college’s web site has a web page that highlights every teacher with a bio that describes their background and expertise in addition to what lessons they educate. For instance, the New York actual property license course is taught by an teacher who’s a LEED (Management in Vitality and Environmental Design) skilled and focuses on sustainability.
Status
RealEstateU has a constructive popularity as an ARELLO-accredited on-line actual property faculty that serves a large number of states. This accreditation is reserved for high colleges that meet the requirements of the unbiased our bodies that difficulty the accreditations. Third-party websites and the corporate web site point out the earlier college students’ constructive opinions. Previous college students reward the simply navigable web site, inexpensive programs, and that lessons will be taken on their smartphones or tablets.
Value
Most pre-license and examination prep programs vary from $49 to $249, although there’s one class that’s $2,497 and comes with one hour of free teaching from knowledgeable actual property investor.
Examination prep sells for $49 for all 10 states it is supplied in. The persevering with training class in New York is $79 for 22.5 hours. Pre-licensing course costs range enormously by state. For instance, California’s pre-licensing course is $99; Florida’s is $69; Georgia’s is $125; and North Carolina’s is $249. All costs are listed by state on the varsity’s web site.
RealEstateU doesn’t provide free trials or money-back ensures, however it does provide a 30-day refund coverage for lessons which can be underneath 50% accomplished. Remember the fact that $20 could also be deducted out of your refund relying on the category you might be enrolled in. It’s greatest to contact the varsity straight for particular refund coverage procedures.
Buyer Service
You may attain customer support at RealEstateU on-line by means of the contact kind on their web site www.realestateu.com. There may be additionally an FAQ web page the place you may get your questions answered. There isn’t cellphone assist.
Competitors: RealEstateU vs. Actual Property Categorical
We in contrast Actual Property Categorical and RealEstateU as a result of each colleges present actual property programs in among the similar states, together with Texas. Each colleges have at the very least one accreditation and are fully on-line.
Actual Property Categorical is a well known, on-line training supplier that provides a variety of actual property programs. It’s ARELLO- and IDECC-certified and affords pre-licensing programs in 35 states and Washington D.C., and persevering with training lessons in all 50 states. Lessons are supplied in quite a lot of codecs together with self-paced choices and digital Q&A periods with teacher assist.
Total, we advocate selecting Actual Property Categorical due to its longstanding historical past and general higher popularity. With Actual Property Categorical, you may have entry to teacher assist, a profession hub, and programs in additional areas.
| RealEstateU | Actual Property Categorical | |
|---|---|---|
| Pricing | $249 for pre-licensing in Texas | $439.20+ for pre-licensing in Texas |
| Programs Provided | Actual property licensing, examination prep, persevering with ed, and extra | Actual property licensing, examination prep, persevering with ed, and extra |
| Variety of States Programs Are Provided | 14 | 35 |
| Course Format | Self-paced on-line | Stay-online and self-paced |
Ultimate Verdict
RealEstateU is a viable possibility for those who’re interested by attending on-line actual property lessons, particularly if accessing these lessons on the go or from totally different units is necessary to you. It is rather competitively priced, has lessons in a number of states, is ARELLO-certified, and its instructors are profitable professionals within the fields they educate. The location affords business blogs and useful licensing data in varied states. Nonetheless, it’s not thought-about considered one of our greatest on-line actual property colleges as a result of it doesn’t provide programs in all states and it doesn’t have a number of course codecs to select from.
Our Methodology: How We Evaluation Actual Property Faculties
When reviewing actual property colleges, we use a technique that’s based mostly on a quantitative method. We totally analyze totally different elements of every supplier together with their general popularity, the varieties of programs supplied, states programs are supplied in, and the price of every course. We additionally evaluate teacher expertise and {qualifications}, class codecs, course and particular person packaging choices, and pupil and third-party rankings and opinions.
