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California Real Estate BROKER Pre-License Training [Standard]

For salespersons upgrading to a broker license. 5 course bundle with textbooks.

Upgrade your salesperson license to a responsible broker licenese in California with these five broker training courses. Includes textbooks and instructor support.

$549.00  |  225 Hours

+ $25.00 Shipping and Handling

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This package provides California salesperson licensees with the 5 additional pre-license courses necessary to obtain a California Real Estate Broker license. Students must have previously completed the 3 courses required for a salesperson license. 

The California Department of Real Estate (DRE) requires brokers to

  • be at least 18 years old
  • be honest and truthful
  • have a minimum of two years of licensed California salesperson experience (or equivalent) 
  • successfully complete eight 45-hour real estate education courses. NOTE: Three of the eight courses (Real Estate Principles, Real Estate Practice, and Legal Aspects of Real Estate) may have been completed as part of the initial California salesperson licensing requirements.
  • pass a state-administered broker exam.

This course package is a compilation of the five remaining qualifying courses that are required for California salespersons to become broker licensees:

  1. Escrows (45 hours) - This course describes the escrow process, including procuring title insurance, the variations in escrow instructions between different California regions, and how funds are transferred through escrow to the appropriate parties.

  2. Real Estate Appraisal (45 hours) - Appraisals are central to most real estate transactions. This course explains how an independent house appraiser comes to their conclusion of a property's value, the appraisal process, the three methods for determining value, and the final appraisal report.

  3. Real Estate Economics (45 hours) - There are many economic factors that influence local real estate markets. This course explains local, state, and national economic principles in relation to real estate in urban and rural areas.
  4. Real Estate Finance (45 hours) - Most buyers will need to finance the purchase of real estate, rather than paying only cash for a property. This course outlines the loan markets available, how a buyer qualifies for a mortgage loan, and various loan programs.

  5. Real Estate Office Administration (45 hours) - This course provides a key overview of business management, including best practices for brokerage administration, hiring of employees and agent recruitment, establishment of business policies, marketing, advertising, and more.

This premium bundle of courses includes physical textbooks for offline reading and reference. Completion of the online courses is required to qualify for the broker licensing exam.

If you have NOT yet completed the required broker licensing course Legal Aspects of Real Estate please contact us at 1-866-519-9597 to have it added to your account.

As of January 1, 2024, the DRE requires that students also submit the new California Real Estate Practice coursework that includes an updated component on Fair Housing. Students who completed an earlier version of this course can purchase a 2024-compliant version in the OnlineEd Course Catalog.

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Key Features
Bound Textbook
Includes bound textbooks you can keep forever.
Online Course
All learning is online. Start immediately. Learn on your own schedule.
Instructor Support
An assigned instructor is available for course support
Online Audio
Read-along computerized audio plays the course text back to you
Mobile Friendly
Take the course on your phone or tablet
Printable Certificate
Download and print your own certificate.
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Package Summary
Price: $549.00 (USD)
+ $25.00 Shipping and Handling
Credit Hours: 225
State: California
Category: Vocational Training > Real Estate > License Training > California > Pre-License
Purpose: For salespersons upgrading to a broker license. 5 course bundle with textbooks.
Course Provider

OnlineEd
14355 SW ALLEN BLVD STE 240,
Portland, OR 97223
(503) 670-9278

mail@onlineed.com

Enrollment Agreement

Purchase of this package requires that you read and acknowledge an Enrollment Agreement before receiving credit for any courses contained in this package. Please review the following:

Advisory: California Minimum Completion Schedules

The California Department of Real Estate (DRE) regulates the pace at which students may take pre-license courses as follows:

  • No course may be finished in less than 2-1/2 weeks.
  • Two courses may not be finished in less than 5 weeks.
  • Three courses may not be finished in less than 7-1/2 weeks.
Our Mission Statement

To provide superior distance education that exceeds industry standards and expectations in course content and delivery methods to those who seek to enter a new profession and those engaged in a profession.

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Courses Included In This Package:

Escrows

General Information Page

DRE Sponsor Number: S0683

Credit Hours Provided: 45

Category: Pre-License

Download General Information Page

This course provides an in-depth explanation of the escrow, title, and related real estate services and the specific duties of the professionals who perform these services. It is directed toward those who work in any of the variety of occupations of the real estate industry, including escrow, title insurance, real estate brokerage, appraisal, and lending, and especially those new to their respective professions and careers.

The subjects covered provide students with a comprehensive overview of the responsibilities of the escrow and title insurance professional and offers an introduction to the activities, qualifications, and practices of the real estate and loan professionals and the services they deliver.

Course Overview and Materials

This course contains 18 chapters covering 45 hours of course content:

  1. Property Rights
  2. Transfer of Interest
  3. Elements of Escrow
  4. Title Insurance Basics
  5. Title Insurance Policies
  6. Contracts
  7. Real Estate Practice
  8. Opening Escrow
  9. The Escrow Instructions
  10. Northern and Southern California Regional Variations and Practices
  11. Preclosing
  12. Escrow Accounting
  13. Lending and the Escrow Process
  14. Protecting the Consumer
  15. Apartment Buildings, Commercial Properties, and Exchanges
  16. Specialty Escrow Transactions
  17. Advanced Title Insurance Underwriting
  18. Default, Foreclosure, and the Title Insurer

This online course contains approximately 45 hours of reading material based on the 482-page textbook California Real Estate Escrow and Title, Second Edition, written by George Lawrence and published in 2020 by Dearborn Real Estate Education.

Students will study each chapter sequentially and complete an online quiz to progress through the course.

Final Examination Criteria

  • Number of questions: 100
  • Types of questions: multiple choice
  • Time: 3 hours
  • How many final exams are offered: 2
  • Minimum passing score: 75%

The course's final examination consists of 100 multiple-choice questions with a minimum passing score of 75%. The final examination is not downloadable or printable. The final exam has a time limit of 3 hours, after which the exam is automatically graded. Any unanswered questions at the end of the final exam will be marked as incorrect. Students that do not pass the final exam may attempt the final exam a second time. Students who fail the final exam twice must start the course over from the beginning.

The DRE limits students taking final exams for prelicense courses to one completed exam per 17-1/2 day period.

No other substitute method of taking or completing this course is allowed.

Course Instructor

Upon registering for this broker pre-license course, you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You may contact your instructor by email.  Technical questions relating to course navigation or account login difficulties should be directed to OnlineEd customer service.

Equipment Required

The California Real Estate Title and Escrow course is presented via the internet. The only thing you need to complete the course is a web browser and an internet connection. A textbook of the course material may be optionally purchased, though all course progress and testing must be completed online.

Completion and Assignment Timelines

This pre-license course may be completed at your own pace. The course is designed to take a minimum of 45 hours to complete. The time will be spent reading the course text materials, studying the text materials to ensure concept understanding, completion of the course exercise sets, and review of support material and successful passage of the course final examination.

The California DRE requires that pre-license courses not be completed in less than 17-1/2 days from enrollment, per course. This means that if purchased as a package, the 135 hours necessary to obtain a California broker license may not be completed in less than 54 days from enrollment.

You will have a maximum of 365 days from enrollment to complete the course, after which course access will end.

Withdrawal and Refund Information

The following is the cancellation and refund policy:

  1. OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within three business days of purchase. OnlineEd will not honor rebate requests for any products after three business days of purchase and will not price-match any competitor's products after a purchase is completed.
  2. The student may cancel enrollment by giving email notice to School_Director@OnlineEd.com with REFUND REQUEST in the email subject line, or by U.S. Mail to: OnlineEd, School Director's Office, 14355 SW Allen Blvd., Suite 240, Portland, OR 97005. US Postmark shall constitute the date of delivery.
  3. Unless OnlineEd has discontinued the program of instruction, the student is financially obligated to OnlineEd according to the following:
    1. 48 Hour Preview - Without a penalty, the student is granted 48 hours from enrollment to view the OnlineEd program. Student use or access of the provided account after 48 hours from enrollment will trigger "program commencement." Costs incurred by OnlineEd for already shipped textbooks and other promotional items are non-refundable and will be deducted from the refund amount.
    2. Cancellation After 48 Hours - If the student withdraws from the program or is terminated by OnlineEd for violations of the Student Conduct Policy or nonpayment, OnlineEd will charge 1) a $25.00 cancellation fee, 2) a $30.00 materials access fee per course, and 3) a registration fee of 15% of the sale price or $50 whichever is less. If the amount owed by student ever exceeds the total amount already paid, no additional charges will occur and no refund will be issued. If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled.
    3. Cancellation After 30 Days from Enrollment - If the student withdraws from the program or is terminated by OnlineEd for violation of the Student Conduct Policy or nonpayment after 30 days from course enrollment, the student shall be obligated for the tuition charged for the entire OnlineEd program and will not be entitled to any refund.
  4. Refund of Bundled Items, Promotions, Textbooks, Surcharges, and Incentives - OnlineEd does NOT refund textbooks costs, surcharges, shipping charges, promotional items, or additional courses and items bundled with this course.

Course Prerequisites

There are no prerequisites required. However, you are advised to contact the California Department of Real Estate to determine whether you will be eligible to sit for the California Real Estate Broker examination. There are age and other requirements that must be met.

OnlineEd is a course provider and makes no determination as to your ability to obtain a California real estate license. The licensing process is between you and the California Department of Real Estate.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

DRE Disclaimer

This course is approved for pre-license credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation

After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf

Course Provider Complaint Statement

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, RE 340A, is also available.

This course will remain available to students for 365 days after enrollment.

Real Estate Appraisal

General Information Page

DRE Sponsor Number: S0683

Credit Hours Provided: 45

Category: Pre-License

Download General Information Page

This Real Estate Appraisal course covers all of the topics included in the Basic Appraisal Principles and Basic Appraisal Procedures course requirements established by the Appraiser Qualifications Board of the Appraisal Foundation.

Technological advances have affected all facets of the real estate sales transaction, from the real estate broker’s first client contact to closing. There is no substitute for the well-reasoned opinion of a competent appraiser. The skill and judgment required to make a credible appraisal must begin with a thorough knowledge of appraisal principles and procedures and an awareness of the need to always be objective when dealing with clients, properties, and data.

Real Estate Appraisal is designed to help the student relate appraisal theory and technique to practice.

Course Overview and Materials

This course contains 16 units covering 45 hours of course content:

  • Unit 1: The Appraisal Profession
  • Unit 2: Appraisal Math and Statistics
  • Unit 3: Real Estate and its Appraisal
  • Unit 4: Real Estate Transactions
  • Unit 5: The Real Estate Marketplace
  • Unit 6: The Appraisal Process
  • Unit 7: Building Construction and the Environment
  • Unit 8: Data Collection
  • Unit 9: Site Valuation
  • Unit 10: The Cost Approach - Part 1: Reproduction/Replacement Cost
  • Unit 11: The Cost Approach - Part 2: Depreciation
  • Unit 12: The Sales Comparison Approach
  • Unit 13: The Income Capitalization Approach
  • Unit 14: Direct and Yield Capitalization
  • Unit 15: Reconciliation and the Appraisal Report
  • Unit 16: Appraising Partial Interests

This online course contains approximately 45 hours of reading material based on the 498-page textbook Fundamentals of Real Estate Appraisal, 14th Edition, written by William Ventolo and Martha Williams, published by Dearborn Real Estate Education.

Students will study each chapter sequentially and complete an online quiz to progress through the course.

Final Examination Criteria

  • Number of questions: 100
  • Types of questions: multiple choice
  • Time: 3 hours
  • How many final exams are offered: 2
  • Minimum passing score: 75%

The course's final examination consists of 100 multiple-choice questions with a minimum passing score of 75%. The final examination is not downloadable or printable. The final exam has a time limit of 3 hours, after which the exam is automatically graded. Any unanswered questions at the end of the final exam will be marked as incorrect. Students that do not pass the final exam may attempt the final exam a second time. Students who fail the final exam twice must start the course over from the beginning.

The DRE limits students taking final exams for prelicense courses to one completed exam per 17-1/2 day period.

No other substitute method of taking or completing this course is allowed.

Course Instructor

Upon registering for this broker pre-license course, you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You may contact your instructor by email.  Technical questions relating to course navigation or account login difficulties should be directed to OnlineEd customer service.

Equipment Required

The California Real Estate Appraisal course is presented via the internet. The only thing you need to complete the course is a web browser and an internet connection. A textbook of the course material may be optionally purchased, though all course progress and testing must be completed online.

Completion and Assignment Timelines

This pre-license course may be completed at your own pace. The course is designed to take a minimum of 45 hours to complete. The time will be spent reading the course text materials, studying the text materials to ensure concept understanding, completion of the course exercise sets, and review of support material and successful passage of the course final examination.

The California DRE requires that pre-license courses not be completed in less than 17-1/2 days from enrollment, per course. This means that if purchased as a package, the 135 hours necessary to obtain a California broker license may not be completed in less than 54 days from enrollment.

You will have a maximum of 365 days from enrollment to complete the course, after which course access will end.

Withdrawal and Refund Information

The following is the cancellation and refund policy:

  1. OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within three business days of purchase. OnlineEd will not honor rebate requests for any products after three business days of purchase and will not price-match any competitor's products after a purchase is completed.
  2. The student may cancel enrollment by giving email notice to School_Director@OnlineEd.com with REFUND REQUEST in the email subject line, or by U.S. Mail to: OnlineEd, School Director's Office, 14355 SW Allen Blvd., Suite 240, Portland, OR 97005. US Postmark shall constitute the date of delivery.
  3. Unless OnlineEd has discontinued the program of instruction, the student is financially obligated to OnlineEd according to the following:
    1. 48 Hour Preview - Without a penalty, the student is granted 48 hours from enrollment to view the OnlineEd program. Student use or access of the provided account after 48 hours from enrollment will trigger "program commencement." Costs incurred by OnlineEd for already shipped textbooks and other promotional items are non-refundable and will be deducted from the refund amount.
    2. Cancellation After 48 Hours - If the student withdraws from the program or is terminated by OnlineEd for violations of the Student Conduct Policy or nonpayment, OnlineEd will charge 1) a $25.00 cancellation fee, 2) a $30.00 materials access fee per course, and 3) a registration fee of 15% of the sale price or $50 whichever is less. If the amount owed by student ever exceeds the total amount already paid, no additional charges will occur and no refund will be issued. If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled.
    3. Cancellation After 30 Days from Enrollment - If the student withdraws from the program or is terminated by OnlineEd for violation of the Student Conduct Policy or nonpayment after 30 days from course enrollment, the student shall be obligated for the tuition charged for the entire OnlineEd program and will not be entitled to any refund.
  4. Refund of Bundled Items, Promotions, Textbooks, Surcharges, and Incentives - OnlineEd does NOT refund textbooks costs, surcharges, shipping charges, promotional items, or additional courses and items bundled with this course.

Course Prerequisites

There are no prerequisites required. However, you are advised to contact the California Department of Real Estate to determine whether you will be eligible to sit for the California Real Estate Broker examination. There are age and other requirements that must be met.

OnlineEd is a course provider and makes no determination as to your ability to obtain a California real estate license. The licensing process is between you and the California Department of Real Estate.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

DRE Disclaimer

This course is approved for pre-license credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation

After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf

Course Provider Complaint Statement

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, RE 340A, is also available.

This course will remain available to students for 365 days after enrollment.

Real Estate Economics

General Information Page

DRE Sponsor Number: S0683

Credit Hours Provided: 45

Category: Pre-License

Download General Information Page

The fundamental question for you right now is, "Why should I study real estate economics?"

For real estate professionals, the answer is clear: real estate is a constantly changing market that is formed, defined, and manipulated by economic forces on a local, regional, state, national, and even worldwide level. In a highly competitive environment, the players who understand what the rules are that govern the game, how the rules work, and how they can be manipulated will be the ones who not only survive but prosper.

Real estate economics is not a dry, theoretical field of academic study for Nobel laureates only: it's the world in which you work and live.

Course Overview and Materials

This course contains 17 chapters covering 45 hours of course content:

  • Introduction to Economic Systems and Principles
  • Supply and Demand
  • Economic Change Analysis
  • Money and Monetary Policy
  • The Real Estate Market
  • The U.S. Housing Market
  • California’s Economic Profile
  • The California Real Estate Market
  • Land-Use Planning and Development
  • Fair Housing and Environmental Regulations
  • Financing and Taxation
  • The Economics of Real Estate Investment
  • Analyzing Residential Income Property
  • Analyzing Commercial Investment Property
  • Real Estate Trends in California
  • Understanding and Using Economic Data

This online course contains approximately 45 hours of reading material based on the 503-page textbook California Real Estate Economics, Sixth Edition, written by Ignatio Gonzalez and published in 2020 by Dearborn Real Estate Education.

Students will study each chapter sequentially and complete an online quiz to progress through the course.

Final Examination Criteria

  • Number of questions: 100
  • Types of questions: multiple choice
  • Time: 3 hours
  • How many final exams are offered: 2
  • Minimum passing score: 75%

The course's final examination consists of 100 multiple-choice questions with a minimum passing score of 75%. The final examination is not downloadable or printable. The final exam has a time limit of 3 hours, after which the exam is automatically graded. Any unanswered questions at the end of the final exam will be marked as incorrect. Students that do not pass the final exam may attempt the final exam a second time. Students who fail the final exam twice must start the course over from the beginning.

The DRE limits students taking final exams for prelicense courses to one completed exam per 17-1/2 day period.

No other substitute method of taking or completing this course is allowed.

Course Instructor

Upon registering for this broker pre-license course, you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You may contact your instructor by email.  Technical questions relating to course navigation or account login difficulties should be directed to OnlineEd customer service.

Equipment Required

The California Real Estate Economics course is presented via the internet. The only thing you need to complete the course is a web browser and an internet connection. A textbook of the course material may be optionally purchased, though all course progress and testing must be completed online.

Completion and Assignment Timelines

This pre-license course may be completed at your own pace. The course is designed to take a minimum of 45 hours to complete. The time will be spent reading the course text materials, studying the text materials to ensure concept understanding, completion of the course exercise sets, and review of support material and successful passage of the course final examination.

The California DRE requires that pre-license courses not be completed in less than 17-1/2 days from enrollment, per course. This means that if purchased as a package, the 135 hours necessary to obtain a California broker license may not be completed in less than 54 days from enrollment.

You will have a maximum of 365 days from enrollment to complete the course, after which course access will end.

Withdrawal and Refund Information

The following is the cancellation and refund policy:

  1. OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within three business days of purchase. OnlineEd will not honor rebate requests for any products after three business days of purchase and will not price-match any competitor's products after a purchase is completed.
  2. The student may cancel enrollment by giving email notice to School_Director@OnlineEd.com with REFUND REQUEST in the email subject line, or by U.S. Mail to: OnlineEd, School Director's Office, 14355 SW Allen Blvd., Suite 240, Portland, OR 97005. US Postmark shall constitute the date of delivery.
  3. Unless OnlineEd has discontinued the program of instruction, the student is financially obligated to OnlineEd according to the following:
    1. 48 Hour Preview - Without a penalty, the student is granted 48 hours from enrollment to view the OnlineEd program. Student use or access of the provided account after 48 hours from enrollment will trigger "program commencement." Costs incurred by OnlineEd for already shipped textbooks and other promotional items are non-refundable and will be deducted from the refund amount.
    2. Cancellation After 48 Hours - If the student withdraws from the program or is terminated by OnlineEd for violations of the Student Conduct Policy or nonpayment, OnlineEd will charge 1) a $25.00 cancellation fee, 2) a $30.00 materials access fee per course, and 3) a registration fee of 15% of the sale price or $50 whichever is less. If the amount owed by student ever exceeds the total amount already paid, no additional charges will occur and no refund will be issued. If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled.
    3. Cancellation After 30 Days from Enrollment - If the student withdraws from the program or is terminated by OnlineEd for violation of the Student Conduct Policy or nonpayment after 30 days from course enrollment, the student shall be obligated for the tuition charged for the entire OnlineEd program and will not be entitled to any refund.
  4. Refund of Bundled Items, Promotions, Textbooks, Surcharges, and Incentives - OnlineEd does NOT refund textbooks costs, surcharges, shipping charges, promotional items, or additional courses and items bundled with this course.

Course Prerequisites

There are no prerequisites required. However, you are advised to contact the California Department of Real Estate to determine whether you will be eligible to sit for the California Real Estate Broker examination. There are age and other requirements that must be met.

OnlineEd is a course provider and makes no determination as to your ability to obtain a California real estate license. The licensing process is between you and the California Department of Real Estate.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

DRE Disclaimer

This course is approved for pre-license credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation

After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf

Course Provider Complaint Statement

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, RE 340A, is also available.

This course will remain available to students for 365 days after enrollment.

Real Estate Finance

General Information Page

DRE Sponsor Number: S0683

Credit Hours Provided: 45

Category: Pre-License

Download General Information Page

Welcome to the intriguing and exciting world of real estate finance. Prior to 2008, California real estate markets had been experiencing a huge surge in property values in an atmosphere of stability and growth. Based on relatively low interest rates, controlled inflation, and stable employment, predictions were that this prosperity would continue at a steady pace.

However, in 2009, national unemployment rates were near 10%, and the national foreclosure rate was 10%. The nation was fearful and the real estate market plummeted in many areas of the country. California was one of several states severely affected.

In 2020, we see robust mortgage conditions because the sturdy fabric of capitalism is woven from the strong and resilient threads of partnership between the federal government and private enterprise. To a great extent, private enterprise depends on the ability of many individuals to comprehend and use real estate finance. Each participant need not know everything about all phases of financing real estate, but those who do understand the process are more likely to achieve success.

This course has been designed to address the ever-increasing technological development in the real property financing industry. We need to know the hard and fast rules and techniques of the industry, and we need them explained concisely and plainly with plenty of examples. 

This text is divided into two components: the principles of real estate finance are covered in the first half, while the practices and applications of California real estate finance are in the second half.

Course Overview and Materials

This course is divided into 15 units covering 45 hours of course content:

  • Unit 1: Nature and Cycle of California Real Estate Finance
  • Unit 2: Money and the Monetary System
  • Unit 3: Institutional Lenders for Real Estate Finance
  • Unit 4: Noninstitutional Lenders
  • Unit 5: Conventional, Insured, and Guaranteed Loans
  • Unit 6: Financial Agencies and Lending Programs
  • Unit 7: Junior Loans in Real Estate Finance
  • Unit 8: Loan Terms and Note Payments
  • Unit 9: Instruments of Real Estate Finance
  • Unit 10: Real Estate Loan Underwriting
  • Unit 11: Processing Real Estate Loans
  • Unit 12: The Secondary Mortgage Market
  • Unit 13: Loan Defaults and Foreclosure
  • Unit 14: Investment Financing Strategies
  • Unit 15: Mathematics of Real Estate Finance

This online course contains approximately 45 hours of reading material based on the 518-page textbook California Real Estate Finance, Tenth Edition, written by Minnie Lush and David Sirota, and published by Dearborn Real Estate Education.

Students will study each chapter sequentially and complete an online quiz to progress through the course.

Final Examination Criteria

  • Number of questions: 100
  • Types of questions: multiple choice
  • Time: 3 hours
  • How many final exams are offered: 2
  • Minimum passing score: 75%

The course's final examination consists of 100 multiple-choice questions with a minimum passing score of 75%. The final examination is not downloadable or printable. The final exam has a time limit of 3 hours, after which the exam is automatically graded. Any unanswered questions at the end of the final exam will be marked as incorrect. Students that do not pass the final exam may attempt the final exam a second time. Students who fail the final exam twice must start the course over from the beginning.

The DRE limits students taking final exams for prelicense courses to one completed exam per 17-1/2 day period.

No other substitute method of taking or completing this course is allowed.

Course Instructor

Upon registering for this broker pre-license course, you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You may contact your instructor by email.  Technical questions relating to course navigation or account login difficulties should be directed to OnlineEd customer service.

Equipment Required

The California Real Estate Finance course is presented via the internet. The only thing you need to complete the course is a web browser and an internet connection. A textbook of the course material may be optionally purchased, though all course progress and testing must be completed online.

Completion and Assignment Timelines

This pre-license course may be completed at your own pace. The course is designed to take a minimum of 45 hours to complete. The time will be spent reading the course text materials, studying the text materials to ensure concept understanding, completion of the course exercise sets, and review of support material and successful passage of the course final examination.

The California DRE requires that pre-license courses not be completed in less than 17-1/2 days from enrollment, per course. This means that if purchased as a package, the 135 hours necessary to obtain a California broker license may not be completed in less than 54 days from enrollment.

You will have a maximum of 365 days from enrollment to complete the course, after which course access will end.

Withdrawal and Refund Information

The following is the cancellation and refund policy:

  1. OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within three business days of purchase. OnlineEd will not honor rebate requests for any products after three business days of purchase and will not price-match any competitor's products after a purchase is completed.
  2. The student may cancel enrollment by giving email notice to School_Director@OnlineEd.com with REFUND REQUEST in the email subject line, or by U.S. Mail to: OnlineEd, School Director's Office, 14355 SW Allen Blvd., Suite 240, Portland, OR 97005. US Postmark shall constitute the date of delivery.
  3. Unless OnlineEd has discontinued the program of instruction, the student is financially obligated to OnlineEd according to the following:
    1. 48 Hour Preview - Without a penalty, the student is granted 48 hours from enrollment to view the OnlineEd program. Student use or access of the provided account after 48 hours from enrollment will trigger "program commencement." Costs incurred by OnlineEd for already shipped textbooks and other promotional items are non-refundable and will be deducted from the refund amount.
    2. Cancellation After 48 Hours - If the student withdraws from the program or is terminated by OnlineEd for violations of the Student Conduct Policy or nonpayment, OnlineEd will charge 1) a $25.00 cancellation fee, 2) a $30.00 materials access fee per course, and 3) a registration fee of 15% of the sale price or $50 whichever is less. If the amount owed by student ever exceeds the total amount already paid, no additional charges will occur and no refund will be issued. If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled.
    3. Cancellation After 30 Days from Enrollment - If the student withdraws from the program or is terminated by OnlineEd for violation of the Student Conduct Policy or nonpayment after 30 days from course enrollment, the student shall be obligated for the tuition charged for the entire OnlineEd program and will not be entitled to any refund.
  4. Refund of Bundled Items, Promotions, Textbooks, Surcharges, and Incentives - OnlineEd does NOT refund textbooks costs, surcharges, shipping charges, promotional items, or additional courses and items bundled with this course.

Course Prerequisites

There are no prerequisites required. However, you are advised to contact the California Department of Real Estate to determine whether you will be eligible to sit for the California Real Estate Broker examination. There are age and other requirements that must be met.

OnlineEd is a course provider and makes no determination as to your ability to obtain a California real estate license. The licensing process is between you and the California Department of Real Estate.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

DRE Disclaimer

This course is approved for pre-license credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation

After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf

Course Provider Complaint Statement

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, RE 340A, is also available.

This course will remain available to students for 365 days after enrollment.

Real Estate Office Administration

General Information Page

DRE Sponsor Number: S0683

Credit Hours Provided: 45

Category: Pre-License

Download General Information Page

Every industry considers itself unique. But the reality is business is business, with the objective to deliver products or services that appeal to the marketplace. Every business enterprise has stakeholders, owners, and investors who want to make money in those endeavors. Every manager plays a role in planning, organizing, and directing the systems, processes, and, most of all, the people that make companies work to achieve their stakeholders’ objectives.

The fundamental principles of managing a business are universal, regardless of the industry, product or service, or individual company. So why devote a course to management in a real estate brokerage company?

By the very nature of our industry’s licensing procedures, the typical training ground for company owners and managers is real estate sales. Salespeople presumably know their part of the business but generally don’t have the training or experience to manage a company, unless they’ve acquired that in collegiate courses of study or prior business endeavors. And as much as business management principles are universally applicable, the how-to has to follow the lead of numerous industry laws and regulations.

A well-run, well-managed company is not only a credit to the industry but best serves the company’s other stakeholders—the clients to whom the company is accountable. Real Estate Brokerage: A Management Guide suits the purpose of those courses but, most importantly, explores the fundamental principles of managing that well-run company.

Course Overview and Materials

This course contains 18 units covering 45 hours of course content:

  • Unit 1: The Challenge of Change
  • Unit 2: Leadership
  • Unit 3: Management Skill
  • Unit 4: Communications and Decision Making
  • Unit 5: Analyzing the Business Environment
  • Unit 6: Analyzing the Market
  • Unit 7: Developing a Plan
  • Unit 8: Structuring the Organization
  • Unit 9: Structuring Business Systems
  • Unit 10: Structuring the Finances
  • Unit 11: Business Policies and Procedures
  • Unit 12: Marketing and Advertising
  • Unit 13: The Practical and Legal Realities of Staffing
  • Unit 14: Recruiting, Selecting, and Hiring of Staff
  • Unit 15: Professional Development
  • Unit 16: Coaching Performance
  • Unit 17: Critiquing Operations
  • Unit 18: Managing Risk

This online course contains approximately 45 hours of reading material based on the 458-page textbook Real Estate Brokerage: A Management Guide, Tenth Edition, written by Erica Ramus and published by Dearborn Real Estate Education.

Students will study each chapter sequentially and complete an online quiz to progress through the course.

Final Examination Criteria

  • Number of questions: 100
  • Types of questions: multiple choice
  • Time: 3 hours
  • How many final exams are offered: 2
  • Minimum passing score: 75%

The course's final examination consists of 100 multiple-choice questions with a minimum passing score of 75%. The final examination is not downloadable or printable. The final exam has a time limit of 3 hours, after which the exam is automatically graded. Any unanswered questions at the end of the final exam will be marked as incorrect. Students that do not pass the final exam may attempt the final exam a second time. Students who fail the final exam twice must start the course over from the beginning.

The DRE limits students taking final exams for prelicense courses to one completed exam per 17-1/2 day period.

No other substitute method of taking or completing this course is allowed.

Course Instructor

Upon registering for this broker pre-license course, you will be assigned a primary instructor. This instructor will assist you with regard to any questions regarding course content. You may contact your instructor by email.  Technical questions relating to course navigation or account login difficulties should be directed to OnlineEd customer service.

Equipment Required

The California Real Estate Brokerage course is presented via the internet. The only thing you need to complete the course is a web browser and an internet connection. A textbook of the course material may be optionally purchased, though all course progress and testing must be completed online.

Completion and Assignment Timelines

This pre-license course may be completed at your own pace. The course is designed to take a minimum of 45 hours to complete. The time will be spent reading the course text materials, studying the text materials to ensure concept understanding, completion of the course exercise sets, and review of support material and successful passage of the course final examination.

The California DRE requires that pre-license courses not be completed in less than 17-1/2 days from enrollment, per course. This means that if purchased as a package, the 135 hours necessary to obtain a California broker license may not be completed in less than 54 days from enrollment.

You will have a maximum of 365 days from enrollment to complete the course, after which course access will end.

Withdrawal and Refund Information

The following is the cancellation and refund policy:

  1. OnlineEd may honor post-sale rebate requests for differences in product pricing due to promotions or coupons only if the request is made within three business days of purchase. OnlineEd will not honor rebate requests for any products after three business days of purchase and will not price-match any competitor's products after a purchase is completed.
  2. The student may cancel enrollment by giving email notice to School_Director@OnlineEd.com with REFUND REQUEST in the email subject line, or by U.S. Mail to: OnlineEd, School Director's Office, 14355 SW Allen Blvd., Suite 240, Portland, OR 97005. US Postmark shall constitute the date of delivery.
  3. Unless OnlineEd has discontinued the program of instruction, the student is financially obligated to OnlineEd according to the following:
    1. 48 Hour Preview - Without a penalty, the student is granted 48 hours from enrollment to view the OnlineEd program. Student use or access of the provided account after 48 hours from enrollment will trigger "program commencement." Costs incurred by OnlineEd for already shipped textbooks and other promotional items are non-refundable and will be deducted from the refund amount.
    2. Cancellation After 48 Hours - If the student withdraws from the program or is terminated by OnlineEd for violations of the Student Conduct Policy or nonpayment, OnlineEd will charge 1) a $25.00 cancellation fee, 2) a $30.00 materials access fee per course, and 3) a registration fee of 15% of the sale price or $50 whichever is less. If the amount owed by student ever exceeds the total amount already paid, no additional charges will occur and no refund will be issued. If a third party paid for your course, then the third party is the owner of your course and can terminate the course at any time and without our notice to or approval from you. We give refunds under this clause to the third party and not to you. In order to prevent this from happening, you should come to agreement with the third party as to how this situation will be handled.
    3. Cancellation After 30 Days from Enrollment - If the student withdraws from the program or is terminated by OnlineEd for violation of the Student Conduct Policy or nonpayment after 30 days from course enrollment, the student shall be obligated for the tuition charged for the entire OnlineEd program and will not be entitled to any refund.
  4. Refund of Bundled Items, Promotions, Textbooks, Surcharges, and Incentives - OnlineEd does NOT refund textbooks costs, surcharges, shipping charges, promotional items, or additional courses and items bundled with this course.

Course Prerequisites

There are no prerequisites required. However, you are advised to contact the California Department of Real Estate to determine whether you will be eligible to sit for the California Real Estate Broker examination. There are age and other requirements that must be met.

OnlineEd is a course provider and makes no determination as to your ability to obtain a California real estate license. The licensing process is between you and the California Department of Real Estate.

Course Identification Statement

In order to verify your identity, you will be asked to provide at the time of enrollment and again prior to taking the final examination certain information to verify your identity. Among the types of identification that may be asked for are your current California driver's license, current identification permitted under the California Vehicle Code, or any identification issued to you by a governmental agency or a recognized real estate related trade organization that was issued within the immediately preceding five years that bears your photograph, signature, and identification number. In addition, you will also be asked to provide answers to additional security questions, the answers to which are unique to you.

DRE Disclaimer

This course is approved for pre-license credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors or lecturers.

OnlineEd Disclaimer

The California Department of Real Estate does not approve nor endorse any of the forms used in this course with the exception of those prescribed by State and Federal Law. While this publication is designed to be accurate information about the subject matter it covers, it is sold with the understanding that the distributor, author, and publisher are not engaged in rendering legal, accounting, or other professional advice. If such advice or other expert assistance is required, the services of a competent professional should be sought. The recipient is cautioned to check with their managing supervisor before acting on any suggestion or recommendation, or before using any sample form contained herein.

Course Evaluation

After completing this course you are encouraged to complete the California Department of Real Estate's online course evaluation form. You can access this evaluation at https://www.dre.ca.gov/files/pdf/forms/re318a.pdf

Course Provider Complaint Statement

A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov.  Access this form by typing in "RE 340" in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, RE 340A, is also available.

This course will remain available to students for 365 days after enrollment.

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