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Analyzes real estate concepts and presents an overview of the industry. Topics include the nature of real estate assets as distinct from non-real-estate assets; the institutions, market forces and regulatory groups that affect real estate; the terminology and language used in connection with the conversion of land from non-urban to urban use; examination of activities and functions of those engaged in developing, building, appraising, financing, marketing, leasing and planning; and their interrelationships. This course fulfills part of the educational requirements of the California Department of Real Estate for salesperson and broker licensing, contact the DRE for more information.
Prerequisite: FI 203 (or FI 100) or FI 300A., Units: 3