Real estate instructors teach courses on topics such as valuation, property management, finance, and legal issues to students who want to become real estate agents. Certified Real Estate Instructors (CREIs) offer courses on real estate directors and practices. Instructors must have experience in the real estate industry and meet certification requirements, including a clean criminal record. The most distinguished instructors are given the title of Distinguished Real Estate Instructor (DREI).
A real estate instructor typically teaches at a college or pre-licensing school, which offers classes for students who want to become real estate agents. He or she usually teaches real estate related courses such as real estate directors, real estate practices and some elective courses as well. Courses can vary between states and countries, but generally include topics such as valuation, property management, finance, economics, legal, office management, and general accounting. Other topics may include business law, custody, mortgage brokerage and lending, computer applications, and developments of common interest.
Certified Real Estate Instructors (CREIs) typically offer courses on real estate directors. This type of course focuses on the various aspects of the real estate industry, including how to write contracts, the difference between agency and dual agency, how to close a deal, basics of financing, taxation and property leasing. Most real estate instructors also offer courses on real estate practices such as real estate law, agency issues, land use regulations, ownership, and financial principles.
In addition to core classes, typical courses include electives that real estate instructors may also teach. Instructors often have personal experience in the real estate industry and therefore can use this knowledge to help students better understand what their first few years in the field will involve. In the USA, junior colleges and pre-licensing schools often have a high pass rate among their students, which is good for the students but also for the school as it helps to attract future students. Upon completion of the course, the instructor will typically issue a certificate of completion so that students can take the relevant licensing exams.
Most real estate instructors are CREIs. There are other professions that use the same CREI acronym, such as commercial real estate investing and reducing costs and improving efficiency. To become the real estate type of CREI, however, prior teaching experience is usually required. CREIs also typically have experience in the real estate industry, and most US states require instructors to have worked as a real estate agent for more than two years or have legal experience.
When certifying instructors, US states generally follow the same guidelines for all licensees, taking into account issues such as honesty, integrity, ethics, truthfulness, and a clean criminal record. Fingerprints are usually required for verification by the Federal Bureau of Investigations (FBI) and the Department of Justice (DOJ). Upon approval of certification, a license is normally issued for two years. An instructor who has excelled above most other CREIs is usually given the designation of a distinguished real estate instructor (DREI). This honor is given by the Real Estate Educators Association.
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