1.

TITLE OF COURSE:

Real Estate Broker II

PREFIX/NUMBER:

REE 202

CREDIT HOURS:

6

2.

PREREQUISITE:

3.

RESOURCES NEEDED:

TEXT:

Real Estate Manual 2007 PB, 1st edition,

SUPPLIES:

Pencils, pens, and notebooks for note taking.

4.

COURSE DESCRIPTION:  Enables the student, in conjunction with REE 201 - Real Estate Brokers I, to meet the educational requirements of the Colorado Real Estate Commission for a Colorado Real Estate Brokers` license.  This course includes Colorado Contracts and Regulations, Closings, and Recordkeeping and Trust Accounts.

5.

COURSE GOAL:

To demonstrate understanding of the laws and regulations related to Real Estate in the United States and to apply this understanding to selected situations.

6.

COMPETENCIES VIEW:

1.       Demonstrate a working knowledge of Colorado real estate license law.
2.       Discuss and review the Conway-Bogue decision.
3.       Display a basic knowledge of the Colorado Fair Housing Act.
4.       Discuss the Appraiser Licensing Act.
5.       Demonstrate a basic knowledge of brokerage relationship agreements, including a detailed content and preparation of the commission approved forms.
6.       Prepare a minimum of one of each type of listing and buyer brokerage contract plus one of each type of addendum.
7.       Explain in detail the content and preparation of the commission approved sales contracts.
8.       Complete at least three sales contract problems that include examples of new financing, loan assumption, and owner carry financing, plus a counterproposal and amend/extend agreement.
9.       Display knowledge of exchange agreements, promissory notes and trust deeds.
10.       Discuss the Seller’s property disclosure form.
11.       Demonstrate a basic knowledge of exchange agreements, promissory notes, and trust deeds.
12.       Demonstrate a basic knowledge of proper record keeping procedures to maintain and account for funds belonging to others.

      Prepare the necessary documents to close a real estate transaction and account for all funds received and disbursed as well as a comprehensive review of the legal documents.  

7.

EVALUATION PROCEDURES:

Attendance  

500 points

Tests (4)

400 points

Class Activities

100 points

Grading Scale
Raw Score Range

Letter Grade

90 to 100

A

80 to 89

B

70 to 79

C

60 to 69

D

0 to 59

F

Special Remarks:

1.

Attendance:  College policy states that students may be dropped from enrollment when absent 20% of the scheduled class meetings. If enrolled from the beginning of the term, 9 hours will usually constitute 20% of a three-credit semester course.  Reinstatement procedures are described in the PCC catalog.

2.

Tardy Policy:  A student who is late three times (enters classroom after the instructor has taken roll) will be charged with one full absence unless he/she can provide valid reasons for one or more of these tardies.

3.

Missed exams:  It is the student's responsibility, whether present or absent, to obtain all material presented and to complete all course assignments.  If prior arrangements are made or extenuating circumstances exist, make up of tests will be allowed.  Late homework papers will not be accepted unless those same extenuating circumstances exist.  Make up of quizzes is to be at the instructor's discretion.

Make up of test or homework papers after an absence MUST be completed within one week.

8.

 METHODS OF INSTRUCTION:

To be successful in this course, students are expected to participate in discussions, readings, in-class writing, and peer review activities. The instructor may assign point values to such activities.

9.

ACADEMIC INTEGRITY:

The very nature of higher education requires that students adhere to accepted standards of academic integrity. Therefore, Pueblo Community College has adopted a policy of academic conduct as described in the Student Handbook. Violation of academic integrity may be defined to include the following: cheating, plagiarism, falsification and fabrication, abuse of academic materials, complicity in academic dishonesty, and personal misrepresentation. It is the student’s responsibility to be aware of the behaviors that constitute academic dishonesty. Sanctions for violating the standards of academic integrity may include warning, probation, suspension, and/or failure of the course or assignment at the discretion of the instructor.

10.

ADA NOTICE:

Students who have a documented disability may be eligible to receive accommodations for this class. Please contact the Disability Resources Center at 549-3446 for further information