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Ina Midkiff, Department Chair of Marketing, Financial Management & Real Estate

Margie Shelnutt, Administrative Assistant

E-mail the Department
Phone: 512.223.2199
Fax: 512-223-2198

Department of Marketing, Financial Management & Real Estate
Austin Community College
Cypress Creek Campus
1555 Cypress Creek Road
Room 2204.1
Cedar Park, Texas 78613

Advising & FAQ's for Real Estate
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Information which follows is specific for the Real Estate degree.

This information is provided in addition to information you may find in the catalog. Please remember that requirements change and that these requirements change from time to time and can differ among universities. Students should always consult faculty advisors and/or catalogs of universities to which they plan to transfer.

What Do I Need to Know To Get Started?
What Is My Educational Goal?
Why should I consider starting with a Certificate?
What if I am unsure of my educational goals?
I have credits from other colleges, which may count towards the associate's degree. What should I do?
May I receive credit for work experience?
Do Developmental courses count toward any of the degree plans?
What Mathematics Course Should I take?
I have been working towards an associate of applied science degree (non-transferable). Now I see that the Business Administration degree is better. Is there anyway to salvage my marketing or fashion courses?
What is an Internship or Practicum and must I complete an Internship in order to receive a degree?
What’s the difference between Academic courses and WECM courses?
Is there anything else I should know?
What is the Rule of Three?
What are the serious consequences for receiving a "W" in a course?
What are the Real Estate license requirements?
Helpful links

 

What Do I Need to Know To Get Started?

Austin Community College maintains an "open door" admissions policy. No entrance or SAT examination is required. A registration application can be submitted any time prior to or during the registration process. Any student who has not earned at least three college-level credit hours prior to fall 1989 must complete the state mandated TSI College-Readiness Standards test. ACC also gives an assessment test to new students and to transfer students with less than nine hours. Performance on these exams does not prevent admission to ACC but may affect what developmental courses you are required to take before you can take college-level courses.See the ACC Catalog for details.

You may elect to have your previous coursework from an accredited institution of higher education evaluated for transfer credit and the credits may be applied toward a degree program here at ACC. A transcript will be evaluated after you have registered for ACC college-credit classes: and it will be evaluated only upon your request. To request an evaluation you must complete an evaluation request form that can be obtained in the campus admissions offices or by contacting one of our departmental advisors: Ina Midkiff at ina@ausstincc.edu or 1-512-223-2072 or Nick Sarantakes at sarantak@austincc.edu or 1-512-223-3271.

What Is My Educational Goal?

You must first determine your educational goals before you can address which degree plan you should pursue at ACC. If you intend to transfer to a four-year institution in pursuit of a baccalaureate degree you may want to pursue the Associate of Science Degree in Business Administration at ACC. This degree plan transfers to most four-year schools. If you do not intend to transfer to a four-year school, you may pursue a business related Associate of Applied Science degree, or Certificate which is Non-transferrable in Real Estate. (Put links to depts.)

Why should I consider starting with a Certificate?

We offer an associate degree in Real Estate . (Link)
Certificates in our area are not TSI mandated.  This means you can delay your developmental math courses and determine if you like the subject before deciding if this is the degree for you. Completing a certificate is also a good measure that you are progressing towards an associate and could help you advance in your job.  If you decide to pursue a degree then you must take the required 15 hours of general education for TSI college-readiness.  It is not a good idea to put off these requirements indefinitely.  Once you decide to get a degree you should start dealing with TSI (Texas Success Initiative) college-readiness standards. Information for the Assessment test is at http://www.austincc.edu/support/assessment/assessmenteligibility.php
If you want to review ACC’s developmental plan it is located at
http://www.austincc.edu/acadprog/developplan.php

What if I am unsure of my educational goals?

All of the specific two-year AAS degrees are very focused toward one area. The requirements in the AS Business Administration degree are more general. They are excellent foundation courses, which include several business, related courses and electives. Moreover, many of the courses transfer to most Texas universities. Thus, if there is any chance that you will want to work toward a four-year degree, it is better to work toward an AS degree in Business Administration than in any of the more specialized two-year AAS degrees.

I have credits from other colleges, which may count towards the associate's degree. What should I do?

Any current student should request an evaluation of their transcripts from other schools. (An official transcript must be submitted from each college attended.) You can make this request with any advisor or in the Office of Admissions and Records on any campus. A specialist at the District Administrative Office will make the evaluation and send a copy to you as well as to the department of your major. Your advisor will then work with you to determine the appropriate use of these courses. There are occasions when courses may be substituted.

May I receive credit for work experience?

No, not for credit courses.

Do Developmental courses count toward any of the degree plans?

NO. These are developmental courses, which will prepare students for success in college credit courses and do not count toward any degree.

What Mathematics Course Should I take?

The degree plan for Real Estate requires: MATH 1332 or a MATH elective. It is possible to take any of the Math courses listed in the General Education Course list for this degree. Math 1333, Mathematics for Measurement is not a transferable course and you must ask for approval before you take this course. Contact Ina Midkiff at ina@austincc.edu for approval.

Computational Skills (Mathematics)

 

MATH 1314

College Algebra

 

MATH 1316

Trigonometry

 

MATH 1324

Math for Business and Economics

 

MATH 1332

College Mathematics

 

MATH 1333

Mathematics for Measurement

 

MATH 1342

Elementary Statistics

 

MATH 1425

Business Calculus and Applications I

 

MATH 2318

Linear Algebra

 

MATH 2412

Precalculus: Functions and Graphs

 

MATH 2413

Calculus I

 

MATH 2414

Calculus II

 

I have been working towards an associate of applied science degree (non-transferable). Now I see that the Business Administration degree is better. Is there anyway to salvage my marketing or fashion courses?

The Bachelor of Applied Arts and Science is an excellent alternative to the BBA degree.  Texas State University http://www.txstate.edu/ offers a Bachelor of Applied Arts and Sciences in the Department of Technology in its Occupational Education Division. This degree uses non-transferable courses and work experience. You still must meet general education requirements and take upper level courses at TSU, but this may be an alternative for you.

 St. Edwards University has a great program for people who work, have a family, and juggle both.  It is New College and is designed for working adults who want to complete their degree. For additional information go to http://www.discoverstedwards.com/

Tarleton State University (branch of A&M) offers classes in Killeen. To encourage a seamless transfer from community colleges to upper-level work at Tarleton-Central Texas, the University has developed agreements with Central Texas community colleges that enable smooth transfers without a loss of credits for students who begin their community college studies with Tarleton-Central Texas in mind. Go to http://www.tarleton.edu/centraltexas/  for additional information.

What is an Internship or Practicum and must I complete an Internship in order to receive a degree?

Internships and/or Practicum are career-related activities encountered in the students’ area of specialization offered through an individualized agreement among the college, employer, and student.  The student completes the Internship during the final semester before graduation.  It is not always practical for a student to complete an Internship and under certain conditions there are alternative courses that may be taken to replace the Internship/Practicum.  You should contact Ina Midkiff at ina@austincc.edu or Nick Sarantakes at sarantak@austincc.edu for complete information about requirements.

What’s the difference between Academic courses and WECM courses?

Academic Courses – are designed by the Texas Higher Education Coordinating Board for transfer among community colleges and state public year colleges and universities as freshman and sophomore general education courses.

WECM courses – are designed by the Texas Higher Education Coordinating Board as Workforce education (technical) courses offered for credit and CEUs (Continuing Education Units).  While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four year colleges and universities.

Is there anything else I should know?

YES. This handout is not intended to answer all questions. Please read the ACC catalog for additional information and for additional questions, talk to Ina Midkiff at ina@austincc.edu .

If you want additional information on Academic Programs, please jump to the Online Transfer Manual. It includes information about how to transfer, course equivalencies, transfer plans, and much more

What is the Rule of Three?

Per state law, effective spring 2006 any student taking a class for the third time or more may be charged an additional $60 per credit hour unless exempted. We call it the Rule of Three.
The Texas Higher Education Coordinating Board has mandated that all publicly funded higher-education institutions will not receive funding for courses a student takes for the third time or more. Without the state funding for those affected classes, ACC will charge additional tuition to pay for the cost of the class. The new “Rule of Three” tuition costs will not apply to developmental courses, Continuing Education courses, special-studies courses in which the content changes each time, or other select courses. For additional information go to http://austincc.edu/admiss/ruleofthree/
Students affected by this new policy should note the following:
This policy affects class enrollments beginning with the fall 2002 semester (Aug. 2002).
Financial aid may be used to cover the additional tuition charge.
If you are taking a class for the second time and are considering a third attempt in the future, consult with your instructor and/or advisor. ACC is here to help you succeed.
Appeals for waivers will be reviewed on a case-by-case basis by the relevant Dean of Student Services at each campus.

What are the serious consequences for receiving a "W" in a course?

The Texas Legislature has now, for the second session in a row, instituted some substantial consequences for students who withdraw from courses. Students have traditionally thought of a W as a non-penalty grade, thus it is very important that students understand the direction that the state is going about withdrawals so that they can avoid substantial negative consequences later.
The consequences instituted by the state in 2005 are that, for most courses, if a student enrolls for the course for the third time, the student will have to pay substantially more tuition for the course. In 2007, the state declared that, for incoming freshmen in fall 2007 and later, there will be a limit of six W's overall in the student's college career. http://www.austincc.edu/withdraw/WithdrawalInformation.php

 

Texas Real Estate Commission Sales Licensing Requirements - College Credit Classes

A minimum of 210 classroom hours of instruction is required to sit for the Texas Real Estate Sales Licensing Exam. 150 hours must be in real rstate. In addition there are three mandatory real estate course that must be taken.

There are several formats to select from at ACC to meet these requirements.

Option I
RELE 1406 Real Estate Principles (60 classroom hours)
RELE 2301 Law of Agency (45 classroom hours)
RELE 1311 Real Estate-Law of Contracts (45 classroom hours)
Two additional college credit course that the real estate commission will accept (60 classroom hours)**

Option II
RELE 1201 Principles of Real Estate I (30 classroom hours)
RELE 1238 Principles of Real Estate II (30 classroom hours)
RELE 2201 Law of Agency (30 classroom hours)
RELE 1211 Real Estate-Law of Contracts (30 classroom hours)
One additional Real Estate Core Course (30 classroom hours)*:
Additional college credit courses (60 classroom hours) that are acceptable by the Real Estate Commission to meet the 210 classroom hours of instruction.**

*ACC offers the following Real Estate Core Courses in addition to the mandatory core courses. Choose from one of the following:
Real Estate Appraisal - RELE 1203 (30 classroom hours) or RELE 1303 (45 classroom hours)
Real Estate Finance - RELE 1319 (45 classroom hours)
Real Estate Marketing - RELE 1321 (45 classroom hours)
Real Estate Mathematics - RELE 1225 (30 classroom hours) or RELE 1325 (45 classroom hours)
Real Estate Brokerage - RELE 2331 (45 classroom hours)
Property Management - RELE 1215 (30 classroom hours) or RELE 1315 (45 classroom hours)
Real Estate Investments - RELE 1307 (45 classroom hours)
Residential Inspection for Real Estate Agents - RELE 2205 (30 classroom hours) or RELE 2305 (45 classroom hours)

** The Texas Real Estate Commission normally will accept any business related or real estate course for the remaining hours to make up the 210 classroom hours of instruction. In addition any other college credit course that will assist the individual in their real estate career, such as speech, math, English, etc. is also acceptable. Determination is made by the Texas Real Estate Commission and not ACC.

After the 210 classroom hours of instruction, application is made to the Texas Real Estate Commission to take the Texas Real Estate Sales Licensing exam. A complete transcript is required along with the application. After the individual passes the exam, they must be sponsored by a Real Estate Broker. Sales personnel must work for a real estate broker for 2 years to gain experience and then with additional real estate courses, they can take the Texas Real Estate Broker Licensing exam. After the Brokers exam has been passed, the individual can open up their own shop or continue to be associated with another broker.

Additional information regarding TREC Salesperson Education requirments is available at the TREC website.

See the Texas Real Estate Commission Web Site for more information about sales and inspections licensing requirements.

HELPFUL LINKS

Texas Real Estate Commission - This is your starting point to access regulatory and licensing information.
Texas Appraiser Licensing & Certification Board
Texas Regulatory Agency for Appraisers
Austin Board of Realtors
Williamson County Association of Realtors
State of Texas Requirements for Licensure

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