Every person and business has to think about real estate. Where are you going to live? Rent or buy? Where will your business operate? If you want to learn about real estate and investing, prepare for a degree or certificate or become a self-employed Salesperson, IVC Real Estate is here to help you.
IVC Real Estate supports its students in their goals. Certificates and Degrees focus on preparing students for the Real Estate Salesperson License, success as a self-employed business owner, the educational requirements to become a Real Estate Broker and for those transferring into a bachelors program who want to gain knowledge in this vast industry. Real estate isn’t just single-family homes and open houses. You can represent others and yourself in purchasing, leasing or managing investments, residential and commercial properties and work in finance.
Program Length
IVC Real Estate Certificates of Achievement (awarded on your transcript) can be earned in as little as one semester. Certificates are “stackable” to award your accomplishments as you complete your goals.
Transfer Options
IVC Real Estate 100-level courses are transferrable to CSUs. In addition, several California CSUs offer Real Estate Minors in their degree programs, usually housed in the School of Business.
Department Real Estate Department View Department
949-451-5310 Copy Phone Number BSTIC 203C Department Chair Dan Scott
Transfer, Degrees and/or Certificates
Sample Academic Plans
Fast Track Career Path
Semester 1
| Course | Title | UNITS |
|---|---|---|
| RE 170 | Real Estate Principles | 3 |
| RE 172 | Real Estate Practice | 3 |
Semester 2
| Course | Title | UNITS |
|---|---|---|
| Major Course | Real Estate Major Course from List A | 3 |
Semester 1
| Course | Title | UNITS |
|---|---|---|
| RE 170 | Real Estate Principles | 3 |
| RE 172 | Real Estate Practice | 3 |
| RE Major Course | RE Major Course from List B | 3 |
Semester 2
| Course | Title | UNITS |
|---|---|---|
| Major Course | Real Estate Major Course from List A | 3-4 |
| Major Course | Real Estate Major Course from List B | 3 |
| Major Course | Real Estate Major Course from List B | 1-3 |
Semester 1
| Course | Title | UNITS |
|---|---|---|
| RE 170 | Real Estate Principles | 3 |
| RE 172 | Real Estate Practice | 3 |
Semester 2
| Course | Title | UNITS |
|---|---|---|
| RE 174 | Legal Aspects of Real Estate | 3 |
| Major Course | Real Estate Major Course from List A | 3-4 |
Semester 3
| Course | Title | UNITS |
|---|---|---|
| RE 175 | Real Estate Finance | 3 |
| Major Course | Real Estate Major Course from List B | 3 |
Semester 4
| Course | Title | UNITS |
|---|---|---|
| RE 176A | Real Estate Appraisal I | 3 |
| Major Course | Real Estate Major Course from List B | 3 |
Semester 1
| Course | Title | AS GE Area/Major | UNITS |
|---|---|---|---|
| WR 1 | College Writing 1 | 1A | 4 |
| Math | Math GE Course | 1C | 3-5 |
| RE 170 | Real Estate Principles | Major | 3 |
| RE 172 | Real Estate Practice | Major | 3 |
| Elective | Degree Applicable Elective (Courses 1-299) | 2-3 |
Semester 2
| Course | Title | AS GE Area/Major | UNITS |
|---|---|---|---|
| Communication/Thinking | Communication/Analytical Thinking GE Course | 1B | 3-4 |
| RE 174 | Legal Aspects of Real Estate | Major | 3 |
| Major Course | Real Estate Major Course from List A | Major | 3-4 |
| Social Sciences | Social Sciences GE Course | 3 | 3 |
| Elective | Degree Applicable Elective (Courses 1-299) | 3 |
Semester 3
| Course | Title | AS GE Area/Major | UNITS |
|---|---|---|---|
| RE 175 | Real Estate Finance | Major | 3 |
| RE 190 | Escrow I | Major | 3 |
| Major Course | Real Estate Major Course from List B | Major | 3 |
| Natural Sciences | Natural Sciences GE Course | 2 | 3 |
| Elective | Degree Applicable Elective (Courses 1-299) | 3 |
Semester 4
| Course | Title | AS GE Area/Major | UNITS |
|---|---|---|---|
| RE 176A | Real Estate Appraisal I | Major | 3 |
| RE 195 | Property Management I | Major | 3 |
| Major Course | RE Major Course from List B | Major | 3 |
| Major Course | RE Major Course from List B | Major | 1-3 |
| ARTS/HUM | Arts or Humanities GE Course | 4 | 3 |
| Elective | Degree Applicable Elective (Courses 1-299) | 2 |
AA = Associate of Arts | AS = Associate of Science | AA-T = Associate of Arts for Transfer | AS-T = Associate of Science for Transfer | COA = Certificate of Achievement | COP = Certificate of Proficiency
Explore Careers
Property, Real Estate, and Community Association Managers
Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties. Includes managers of homeowner and condominium associations, rented or leased housing units, buildings, or land (including rights-of-way).
New workers start around $22,738. Normal pay is $55,317 per year. Highly experienced workers can earn up to $183,416.
Education
- H.S. Diploma or Less
-
- 15%
- Certificate
-
- 10%
- Some College
-
- 5%
- Associate's Degree
-
- 5%
- Bachelor's Degree
-
- 55%
- Master's Degree
-
- 10%
Core Tasks
- Prepare detailed budgets and financial reports for properties.
- Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
- Market vacant space to prospective tenants through leasing agents, advertising, or other methods.
- Investigate complaints, disturbances, and violations and resolve problems, following management rules and regulations.
- Act as liaisons between on-site managers or tenants and owners.
- Inspect grounds, facilities, and equipment routinely to determine necessity of repairs or maintenance.
- Maintain records of sales, rental or usage activity, special permits issued, maintenance and operating costs, or property availability.
- Meet with boards of directors and committees to discuss and resolve legal and environmental issues or disputes between neighbors.
- Solicit and analyze bids from contractors for repairs, renovations, and maintenance.
- Maintain contact with insurance carriers, fire and police departments, and other agencies to ensure protection and compliance with codes and regulations.
- Confer with legal authorities to ensure that renting and advertising practices are not discriminatory and that properties comply with state and federal regulations.
- Purchase building and maintenance supplies, equipment, or furniture.
Median Salary
$55,317
Job Growth
+3%
Appraisers and Assessors of Real Estate
Appraise real estate, exclusively, and estimate its fair value. May assess taxes in accordance with prescribed schedules.
New workers start around $35,307. Normal pay is $76,309 per year. Highly experienced workers can earn up to $154,943.
Education
- H.S. Diploma or Less
-
- 43%
- Certificate
-
- 5%
- Some College
-
- 23%
- Associate's Degree
-
- 23%
- Bachelor's Degree
-
- 5%
Core Tasks
- Compute final estimation of property values, taking into account such factors as depreciation, replacement costs, value comparisons of similar properties, and income potential.
- Prepare written reports that estimate property values, outline methods by which the estimations were made, and meet appraisal standards.
- Inspect new construction and major improvements to existing structures to determine values.
- Collect and analyze relevant data to identify real estate market trends.
- Prepare and maintain current data on each parcel assessed, including maps of boundaries, inventories of land and structures, property characteristics, and any applicable exemptions.
- Explain assessed values to property owners and defend appealed assessments at public hearings.
- Identify the ownership of each piece of taxable property.
- Inspect properties, considering factors such as market value, location, and building or replacement costs to determine appraisal value.
- Complete and maintain assessment rolls that show the assessed values and status of all property in a municipality.
- Review information about transfers of property to ensure its accuracy, checking basic information on buyers, sellers, and sales prices and making corrections as necessary.
- Explain real and personal property taxes to property owners.
- Conduct regular reviews of property within jurisdictions to determine changes in property due to construction or demolition.
- Establish uniform and equitable systems for assessing all classes and kinds of property.
- Examine income records and operating costs of income properties.
- Evaluate land and neighborhoods where properties are situated, considering locations and trends or impending changes that could influence future values.
- Maintain familiarity with aspects of local real estate markets.
- Search public records for transactions such as sales, leases, and assessments.
- Check building codes and zoning bylaws to determine any effects on the properties being appraised.
- Verify legal descriptions of properties by comparing them to county records.
- Interview persons familiar with properties and immediate surroundings, such as contractors, home owners, and realtors, to obtain pertinent information.
- Photograph interiors and exteriors of properties to assist in estimating property value, substantiate findings, and complete appraisal reports.
- Obtain county land values and sales information about nearby properties to aid in establishment of property values.
- Examine the type and location of nearby services, such as shopping centers, schools, parks, and other neighborhood features, to evaluate their impact on property values.
- Estimate building replacement costs, using building valuation manuals and professional cost estimators.
- Draw land diagrams to be used in appraisal reports to support findings.
- Testify in court as to the value of a piece of real estate property.
Median Salary
$76,309
Job Growth
+6%
Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
New workers start around $29,112. Normal pay is $61,907 per year. Highly experienced workers can earn up to $134,725.
Education
- H.S. Diploma or Less
-
- 6%
- Some College
-
- 13%
- Associate's Degree
-
- 11%
- Bachelor's Degree
-
- 70%
Core Tasks
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
- Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
- Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
- Submit applications to credit analysts for verification and recommendation.
- Review loan agreements to ensure that they are complete and accurate according to policy.
- Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
- Review and update credit and loan files.
- Handle customer complaints and take appropriate action to resolve them.
- Work with clients to identify their financial goals and to find ways of reaching those goals.
- Stay abreast of new types of loans and other financial services and products to better meet customers' needs.
- Market bank products to individuals and firms, promoting bank services that may meet customers' needs.
- Analyze potential loan markets and develop referral networks to locate prospects for loans.
- Compute payment schedules.
Median Salary
$61,907
Job Growth
-8%
Real Estate Brokers
Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
New workers start around $22,288. Normal pay is $70,223 per year. Highly experienced workers can earn up to $270,688.
Education
- H.S. Diploma or Less
-
- 16%
- Some College
-
- 24%
- Associate's Degree
-
- 6%
- Bachelor's Degree
-
- 45%
- Master's Degree
-
- 9%
Core Tasks
- Sell, for a fee, real estate owned by others.
- Obtain agreements from property owners to place properties for sale with real estate firms.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Manage or operate real estate offices, handling associated business details.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Rent properties or manage rental properties.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
- Arrange for title searches of properties being sold.
- Appraise property values, assessing income potential when relevant.
Median Salary
$70,223
Job Growth
+18%
Real Estate Sales Agents
Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
New workers start around $17,205. Normal pay is $59,902 per year. Highly experienced workers can earn up to $241,766.
Education
- H.S. Diploma or Less
-
- 52%
- Certificate
-
- 24%
- Some College
-
- 10%
- Associate's Degree
-
- 5%
- Bachelor's Degree
-
- 5%
- Master's Degree
-
- 5%
Core Tasks
- Present purchase offers to sellers for consideration.
- Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
- Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
- Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
- Generate lists of properties that are compatible with buyers' needs and financial resources.
- Promote sales of properties through advertisem*nts, open houses, and participation in multiple listing services.
- Coordinate property closings, overseeing signing of documents and disbursem*nt of funds.
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Interview clients to determine what kinds of properties they are seeking.
- Contact previous clients for prospecting of referral business.
- Coordinate appointments to show homes to prospective buyers.
- Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
- Review property listings, trade journals, and relevant literature, and attend conventions, seminars, and staff and association meetings, to remain knowledgeable about real estate markets.
- Advise sellers on how to make homes more appealing to potential buyers.
- Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
- Contact property owners and advertise services to solicit property sales listings.
- Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
- Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
- Arrange for title searches to determine whether clients have clear property titles.
- Develop networks of attorneys, mortgage lenders, and contractors to whom clients may be referred.
- Review plans for new construction with clients, enumerating and recommending available options and features.
- Inspect condition of premises, and arrange for necessary maintenance or notify owners of maintenance needs.
- Visit properties to assess them before showing them to clients.
Median Salary
$59,902
Job Growth
+14%
Not sure if Real Estate is the right fit?
Exploratory Interest Area
Explore Real Estate while still working toward your academic goals.
Learn More
Talk with a Counselor
Speak to one of IVC’s Academic Counselors to learn more about all of your options.
Contact Counseling
Why choose IVC?
Affordable
Quality education should not put you in the red. Thecost of attendingIrvine Valley College is very low compared to the private, UC, and CSU systems.
Career Preparation
With Fast Track Career Paths, at IVC, we give you the tools to quickly enter the workforce and start making money.
#1 Transfer Rate
Looking to transfer to a four-year university? With the #1 Transfer Rate in California, IVC is the best place to start!
Questions?
Contact Counseling
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Call 949-451-5100
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