StevePennington.net - Real Estate Training and Sales

WV Real Estate Commission|WVHouses.com

SYLLABUS/Course Orientation

Copyright © 2016 [Stephen Ted. Pennington. All Rights Reserved.

Modern Real Estate Practice v19, ARELLO Course

There are no prerequisite courses required for this course.

Students have 1 year to complete course from date of registration.

Students may attend any live class session.


Internet and email access is required

Computer Hardware Requirements

  • Internet Access: High speed internet connection such as cable modem or DSL
  • The learning management system is optimized for desktop displays.

Operating System Requirements

  • PC: Windows XP
  • Mac: Mac OSX

Browser Requirements

  • Your web browser is the program (such as Internet Explorer, Chrome, Firefox, or your Internet Service Provider’s screen) that allows you to access the Internet.

How to reach the instructor:

Instructor’s name; Stephen T. Pennington

Telephone; 304-342-0505

Email; SPennCRS@aol.com

Expected Instructor’s response time: 24 hours


Realty One, Inc.

203 Crestview Drive, Charleston, WV 25302

Telephone; 304-342-0505

Fax; 304-342-1223, Toll Free; 1-888-757-0505

Email; SPenncrs@aol.com, Website; www.StevePennington.net

 

Orientation: Welcome to the exciting world of real estate! I am here 24/7 to answer your questions and help you pass the WV Real Estate Exam. I am honored to have you participate in this online course. Feel free to call me at 304-342-0505 or email me at spenncrs@aol.com, with any questions you may have about the subject matter contained in the online Modern Real Estate Practice course.

You will master the course subject matter of Real Estate Principles and Practice, Law, Finance and Appraisal. Real Estate listing and sales is one of the most exciting and financially rewarding careers that exist in today’s job market. Truly, you can earn as much income as you desire, simply by investing the needed time, energy and resources. Prior to taking the WV real estate exam, I will offer you the opportunity to take a power point exam review with me as your live instructor. As you follow this carefully planned course outline, you will be surprised at how much you will learn and how productive your time will be. It is important that you schedule sufficient time to successfully complete this course so that the course material will be fresh when you take the course final exam. You will want to time your course completion so that you will have sufficient time to complete the final exam review, WVREC Exam Application and get the application to the WV Real Estate Commission by the Exam Application Deadline. I will help you accomplish this process.

Please, read this syllabus and the Online Mandatory Orientation Course Information to establish a good base of understanding of the course requirements, learning management system, course flow and expectations. Feel free to call me with any questions you may have as I am prepared to help you successfully pass this course, the WV Real Estate Exam, receive your WV real estate salesperson’s license and enter an exciting, rewarding career in real estate.

Have fun,

Steve Pennington, Instructor

Course Information

Course Description: This online real estate practice course and learning management system focus upon mastery based learning of the fundamentals of modern real estate practice and is designed to provide learners with the most up to date basic fundamental knowledge needed to pass this online course and the WV real estate licensing exam. This online instructional course is based upon the publication, Modern Real Estate Practice. This is a comprehensive mastery based instructional course designed to construct a solid base to a successful real estate career. Instructional topics include introduction to the real estate business, specializations of the business, the professional organizations, the various types of markets and a factors effecting it, real property and laws, difference between real and personal property, concepts of home ownership, insurance and its roll in real estate, characteristics of real property, agency, real estate brokerage, listing agreements and buyer representation, interest in real estate, forms of real estate ownership, legal descriptions, real estate taxes and other liens, real estate contracts, transfers of title, title records, real estate financing and principles real estate financing practice, leases, property management, real estate appraisal, land-use controls and property development, fair housing and ethical practices, closing the transaction, introduction to real estate investment. Individual state laws effecting real estate license law and administration of the state, forms of ownership in the state, real estate contracts of the state, laws in transfer of title in the state, property management and landlord tenant laws of the state, advertising laws of the state, legal descriptions in the state, real estate taxes and other liens of state law. You are on your way to a rewarding real estate career.

Course Name: Modern Real Estate Practice v 19, Online Internet Delivery Method.

Complete list of learning objectives in Addendum #2: There are detailed learning objectives for each module of instruction. 60 Clock Hours, There is a final exam and instructor will also administer a written 150 question final exam of 50% objective and 50% subjective question. Required to pass 75%. This final exam can be taken at Realty One, Inc. 203 Crestview Dr., Chas., WV or may be taken offsite with an approved testing proctor.

Instructional Method:

This is an online internet mastery based real estate course, requiring internet access. This course engages students in critical thinking learning exercises that challenge students to increase their creative critical think problem solving skills to accomplish the desired learning outcomes.

Course learning objectives and outcomes: See Addendum #2

Online Mandatory Orientation Course Information:

This Modern Real Estate online course is an ARELLO, WV Real Estate Commission approved distance learning mastery skill based course. The course is designed to be self paced and to prepare you to successfully pass the WV Real Estate Licensing Exam. It affords students, who can not attend regular in class sessions, to independently complete and pass the course at their own pace. This course is an alternative to traditional class room instructional methods. Students can master these areas of study at a faster pace and complete the course earlier than is described in the time study of the course. Successful students are often self-motivated, disciplined and task oriented. This timed course is highly interactive and includes online learning materials, quizzes, exams, work activities, study and online instructor assistance and guidance. The course requires internet access and utilizes the instructor web access portal to Dearborn Real Estate Education’s web site for course access through username and password log in. Student must have an email account and internet access and the primary instructional platform is the internet. This includes interactive capabilities and 24/7 instructor access. Students should familiarize themselves with these components. This platform is where students will submit assignments, take quizzes and exams, view the syllabus, grades, course progress, discussion boards, announcements and assignments. Student will receive and send email, view web pages and download files. Students will access all of this, register and log in to the course at www.stevepennington.net

Instructor/Students will communicate 24/7 through this web page, email, messaging, and telephone support. We will communicate often via email. Please, make sure that each email includes your first and last name and Online Licensing in the subject line.

The WVREC requires that students pass a final written exam with a minimum score of 75%, to include at least 150 questions, with 50% being objective and 50% being subjective. Upon passing this exam, instructor will mail you a Certificate of Completion with your final exam score in the areas of real estate finance, law, appraisal and principles and practice.

I as your instructor will constantly monitor your course progress and give you guidance through email, telephone or personal contact. My help contact information is; 304-342-0505 telephone or email SPenncrs@aol.com.

Students should routinely check email and postings for additional course information and feel confident throughout the course with the reading material, quizzes, assignments and exams. Please, remember that I am also a 25 year real estate broker and bring much of that experience to this course offering. I am committed to being accessible and helping you successfully complete this course and enjoying this wonderful opportunity to learn and become part of the greatest industry in the world. I am always willing to meet with you to accomplish your learning goals.

Please, send your course orientation completion verification email to spenncrs@aol.com include your name address, contact telephone numbers, email address.


***********Please verify the following statements in an email to spenncrs@aol.com:

  1. I have read and understand the course syllabus/orientation.
  2. I have located the website, registered and logged into the course.
  3. I understand all course and time requirements, course and provider polices and testing due dates and times and procedures required.
  4. I am aware of all exams, quizzes, assignments and agree that late extensions are not permitted.
  5. I have located the online, course, assignments, power point displays, instructor and technical support and I know how to access the course component to determine my progress status.

You must complete this orientation statement and return it to me prior to being considered to be enrolled in the course.

Course Requirement:

West Virginia State requirements; Course provider, content and instructor must be approved by the WV Real Estate Commission and school and instructor must be bonded and approved by the WV Higher Education Policy Commission, as a secondary education provider, trade school. The course and instructor must be approved by ARELLO and the instructor must be a certified distance education instructor, CDEI.

WV Real Estate Commission requires student to successfully pass a written exam with a minimum passing score of 75% in the following 4 areas of study; Principles and Practice, Law, Appraisal and Finance. Final exam must include a minimum of 150 questions with 50% subjective and 50% objective questions to receive a completion certificate.

Certificate:

WV Real Estate Commission requires student to successfully pass a written exam with a minimum passing score of 75% in the following 4 areas of study; Principles and Practice, Law, Appraisal and Finance. Final exam must include a minimum of 150 questions with 50% subjective and 50% objective questions to receive a completion certificate.

Reporting to Regulatory Agencies:

Upon successfully completing the course and receiving their certificate of completion, we are required to provide a list of students who completed the course and are planning to take the WV real estate licensing exam, administered in Charleston, WV monthly by the WV Real Estate Commission. We must also provide an annual list of all students that took our courses to the Commission.

Copyright © 2016 [Stephen Ted. Pennington. All Rights Reserved.

Grading Scale

See addendum #3, Student Affidavit and

3-A, Completion Certificate


Final Course Exam and Review:

The final exam for the Real Estate Salesperson Pre-License online course will be given in the conference room at Realty One, Inc.’s office, located at 203 Crestview Drive, Charleston, WV 25302 and may also be administered by an offsite approved testing proctor with an accompanying student affidavit of completion. WV real estate salesperson’s exam applications will be provided and explained to students after the exam.

The test will consist of 50 percent objective (True/False, multiple choice, etc.) and 50 percent subjective ( fill in the blank or short answer). Just as with the West Virginia Real Estate Commission’s Exam, decisions of the instructor are final.

Students must score 75 percent on each of the four sections of the written exam in order to receive the certificate of successful completion which is required to apply to the WVREC to take the West Virginia Real Estate Salesperson Exam.

Those areas include:

Real Estate Law

Real Estate Finance

Real Estate Appraisal

Real Estate Principles and Practice


Students that fail one or more sections of the exam, may retake the exam at the offices of Realty One, Inc., upon scheduling a time with the instructor.

Certificate of Completion will be given to the student upon successfully passing the final course written exam. The original copy of the certificate must be submitted along with the application to the WV Real Estate Commission no later than the published registration deadline date and time in order to take the WV Real Estate Salesperson’s Licensing Exam. All questions on the application must be complete, a sponsoring broker must be identified, and the four required signatures must each be notarized.


Copyright © 2016 [Stephen Ted. Pennington. All Rights Reserved.


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