On or about August 11, 2010, the Legislature approved a statutory amendment to Massachusetts General Law (MGL) Chapter 112, Section 87SS. As of June 1, 2011, the Board shall require the following:
1. Prior to the salesperson examination, a candidate for a salesperson license shall complete forty (40) hours of pre-licensure salesperson education.
2. Prior to the broker examination, a salesperson shall complete forty (40) hours of pre-licensure broker education AND must affiliate with a broker for three (3) years for a broker license
Rapid change in the real estate market has made professional guidance and an insider’s know-how essential for both buyers and sellers. Unlike many short-term real estate classes, this broad-based program is designed not just for those preparing for realtor licensure — it’s also perennially popular with people buying or selling their own home who want to better understand this important transaction and its potential pitfalls. Benefit from the knowledge of instructors and guest speakers with years of expertise as real estate agents, appraisers, loan officers, attorneys, and property managers as you fulfill the prerequisites for taking the state and national real estate license examination and increase your business savvy in this lively and highly practical course.
Program Details
Curriculum: Introduction to real estate as a business, new career or opportunity
Provisions of the Massachusetts Licensing Law and Realtor Code of Ethics
Interests in real property and liens, easements and other encumbrances to ownership
Government limitations to ownership: planning and zoning and eminent domain
Deeds, transfers, property descriptions and title evidence
The essentials of a valid real estate contract
The elements of a title closing statement and calculating closing costsMarket value appraisal
Real estate finance, mortgage types and sources of moneySimple financial calculation practice
Types of home ownership: one-family homes, condominiums, cooperatives and others
Real estate as an investment
Licensure: This course fulfills all requirements for taking the Real Estate Salesperson’s License Examination. Application and license test-taking information will be distributed upon course completion.
Location Unless otherwise noted classes will be held at our office at 75 Arlington Street - 5th Floor Boston, MA (in Back Bay). This location is across from the Back Bay hotel at the Arlington T stop. There is metered and garage parking in the surrounding area.
Boston School of Real Estate Inc. is certified as a Minority and Woman-Owned Business Enterprise (MBE and WBE) and as a Disadvantaged Business Enterprise (DBE).
