Fortune Academy

Real Estate – Class Description

Unit I – Prelicensing

This 60-hour course is the first step for those who (90 hours required for the salesperson’s license) want to list, sell, purchase, exchange, lease, or dispose of real estate for others in the state of South Carolina. Topics discussed in this course real estate sales, real property law, agency, federal and state laws and regulations, pricing of real property, contracts, finance and mathematics.

Unit II – Advanced Principles of Real Estate

This 30-hour class is in advanced real estate principles and practices, which is required in obtaining your Salesman’s License. This course is a combination of five 6-hour modules.

Property Management

This 30-hour class is required by the South Carolina Real Estate Commission to receive a Property Management License. Topics include laws affecting property management, rental agreements, tenant relations after leasing and insurance.

Broker A: Broker Management

This course counts for 30 of the 150 hours required to become a Broker (90 hours required for the salesperson’s license may be used). In addition to the hours, you will need three years of experience with a salesperson’s license and pass the state broker’s exam. This course covers short and long range planning, operating a real estate brokerage, liability of a broker for torts of agents, trust accounting, contracts and ethics.

Broker B: Exam Prep

This course counts for 30 of the 150 hours required to become a Broker (90 hours required for the salesperson’s license may be used). In addition to the hours, you will be need three years of experience with a salesperson’s license and pass a state broker’s exam. This course will cover real property law, agency federal and state laws, regulations, pricing of real property, contracts, finance, math, and closing statements.