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What is Real Estate School?

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  • Written By: wiseGEEK Writer
  • Edited By: O. Wallace
  • Last Modified Date: 30 October 2017
  • Copyright Protected:
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A Real Estate School is attended by students wishing to take examinations that will give them licenses to buy and sell properties for themselves or others, within a given state. Though many real estate laws are of federal origin, a Real Estate School can help with understanding specific laws of the state in which one wishes to hold a license. Sometimes a Real Estate School can offer courses which will give Realtors the opportunity to take licensing tests in several states.

In some cases, those wishing to become Realtors do not go to a specific Real Estate School. Interns at realty companies or courses offered at community colleges can be a less expensive method of attaining one’s license, as these provide the training and knowledge necessary to pass state exams.

Other companies are specifically designed to function as a Real Estate School, or some business colleges will offer specialized degrees in real estate. A private Real Estate School, or business college program can frequently be the most expensive method of preparing for state exams. However, they tend to offer classes designed for working professionals, which make them a good choice for many. These schools often offer financial aid packages, which one must usually qualify for financially. There are some student loans, however, which are not income based and may make attending a private Real Estate School more feasible.

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Since the evolution of the Internet, there are also schools that function entirely as online classrooms. These, too, can be expensive, though some exist that offer a “don’t pass, don’t pay option.” They are convenient for those who need schedule flexibility, like stay-at-home moms or those who have jobs with hours that vary. Some forms of a Real Estate School can be offered via correspondence course for those who do not have access to the Internet, which can also provide convenience.

When seeking any type of formal education, one should research references and business practices of any considered school. If applying for financial aid, one should be certain that he or she is fully advised of repayment terms of loans. Sometimes a Real Estate School will make initial financial aid offers that are exaggerations of how much may be actually delivered. Students should look for schools that have good reputations and can provide a number of references, as well as demonstrate success of their teaching methods.

Recent trends in Real Estate School education have increased the number of courses that might quality one not to work as a realtor, but as an appraiser or a home inspector. Often, one only has to take a few appraisal and home inspection courses to qualify to become employed in either field. Both of these fields are growing, and even those who are licensed Realtors may additionally want to be skilled in these areas to increase their income.

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