Covers the basic real estate subjects required by New York State as meeting the educational requirements for real estate salespersons.

Covers the subjects which are required by New York State as meeting the educational requirements to sit for the real estate broker's examination. All applicants for a New York Real Estate Broker's License must, before being entitled to a license as a real estate broker, successfully complete an approved course in real estate and satisfy certain experience requirements. The sequence of RE 204 and RE 205 is approved by New York State as meeting the educational requirements to sit for the broker's examination. NOTE: It is recommended that Real Estate Majors complete RE 205 before taking subsequent Real Estate courses.

Consideration is given to basic principles, theories, and practices in the evaluation of real estate.

Introduction to the basic principles, theories, and actual practices in the management of residential, commercial, business, and industrial real estate.

The principles of real estate investment and financing. An investigation and analysis of sources of funds and the special characteristics of real estate finance.

A practical basic course in principles and practice of building construction; examination of the building process of single family dwellings; principles of estimation of materials and building costs.

Analysis of tax and business strategies utilized in the purchase, ownership, and sales of real estate.

A course in the analysis of practical real estate problems in light of legal, economic, and governmental trends. Panel discussions are guided by specialists in the real estate field.

With the approval of the appropriate faculty member, the department chair, and the academic dean, students may select a topic for guided research that is not included in the regular course offerings. The student meets regularly with the faculty member to review progress. A research project or paper must also be submitted.